Norris Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,949,886 | 30,055,706 | 894,180 | 21.5 | 2% |
| 2012 | 34,038,977 | 29,603,910 | 4,435,067 | 22.6 | 2% |
| 2013 | 39,971,676 | 37,070,694 | 2,900,982 | 20.2 | 1% |
| 2014 | 45,139,323 | 40,207,128 | 4,932,195 | 19.5 | 1% |
| 2015 | 43,748,035 | 39,536,693 | 4,211,342 | 20.8 | 1% |
| 2016 | 44,545,519 | 42,207,859 | 2,337,660 | 19.2 | 1% |
| 2017 | 46,933,143 | 43,679,585 | 3,253,558 | 19.1 | 1% |
| 2018 | 49,330,858 | 45,139,876 | 4,190,982 | 18.9 | 1% |
| 2019 | 41,106,281 | 38,696,559 | 2,409,722 | 23.1 | 1% |
| 2020 | 39,962,096 | 38,767,404 | 1,194,692 | 23.4 | 1% |
| 2021 | 43,756,656 | 41,658,063 | 2,098,593 | 22.0 | 1% |
| 2022 | 47,152,276 | 47,922,352 | −770,076 | 18.8 | 1% |
| 2023 | 51,604,627 | 50,077,264 | 1,527,363 | 18.0 | 1% |
In its most recent public year (2023), this organization brought in $1,527,363 more than it spent. Its reserves stood at about 18 months of spending, down from 21.5 in 2011. Staff pay was 1% 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
Norris Electric Cooperative's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works