South Central Indiana Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 88,462,457 | 88,823,086 | −360,629 | 11.6 | 9% |
| 2021 | 92,514,436 | 94,670,039 | −2,155,603 | 11.8 | 10% |
| 2022 | 101,798,961 | 103,258,141 | −1,459,180 | 11.0 | 9% |
| 2023 | 108,161,597 | 109,667,794 | −1,506,197 | 10.9 | 9% |
In its most recent public year (2023), this organization spent $1,506,197 more than it brought in. Its reserves stood at about 10.9 months of spending. Staff pay was 9% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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