Ontonagon County Rural Electrification Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,162,975 | 5,396,477 | −233,502 | 4.8 | 10% |
| 2012 | 5,700,420 | 5,558,172 | 142,248 | 5.0 | 9% |
| 2013 | 6,299,737 | 5,604,764 | 694,973 | 6.4 | 9% |
| 2014 | 6,475,147 | 6,031,192 | 443,955 | 6.8 | 9% |
| 2015 | 6,574,241 | 6,002,238 | 572,003 | 8.0 | 8% |
| 2016 | 6,309,009 | 5,762,544 | 546,465 | 9.5 | 9% |
| 2017 | 6,457,423 | 5,908,692 | 548,731 | 10.4 | 9% |
| 2018 | 6,686,937 | 5,914,407 | 772,530 | 11.9 | 9% |
| 2019 | 6,567,342 | 6,035,918 | 531,424 | 12.7 | 11% |
| 2020 | 6,587,923 | 5,963,665 | 624,258 | 14.1 | 12% |
| 2021 | 6,999,493 | 6,075,851 | 923,642 | 15.7 | 3% |
| 2022 | 6,883,355 | 6,791,201 | 92,154 | 14.2 | 6% |
| 2023 | 6,922,847 | 7,102,341 | −179,494 | 13.3 | 5% |
In its most recent public year (2023), this organization spent $179,494 more than it brought in. Its reserves stood at about 13.3 months of spending, up from 4.8 in 2011. Staff pay was 5% 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
Ontonagon County Rural Electrification Association'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