Michigan Electric Cooperative Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,558,954 | 2,549,727 | 9,227 | 2.1 | 24% |
| 2012 | 2,798,765 | 2,653,146 | 145,619 | 2.7 | 31% |
| 2013 | 2,745,098 | 2,775,849 | −30,751 | 1.4 | 32% |
| 2014 | 2,950,006 | 2,930,347 | 19,659 | 1.4 | 32% |
| 2015 | 3,212,139 | 3,208,895 | 3,244 | 1.3 | 29% |
| 2016 | 3,134,301 | 2,904,795 | 229,506 | 2.4 | 29% |
| 2017 | 3,070,230 | 2,937,198 | 133,032 | 2.9 | 32% |
| 2018 | 3,115,025 | 2,984,503 | 130,522 | 3.4 | 33% |
| 2019 | 3,162,653 | 3,071,739 | 90,914 | 3.6 | 33% |
| 2020 | 3,120,072 | 2,926,230 | 193,842 | 4.6 | 26% |
| 2021 | 3,176,701 | 3,058,077 | 118,624 | 4.9 | 24% |
| 2022 | 3,291,077 | 3,071,496 | 219,581 | 5.7 | 18% |
| 2023 | 3,186,522 | 3,013,244 | 173,278 | 6.5 | 11% |
In its most recent public year (2023), this organization brought in $173,278 more than it spent. Its reserves stood at about 6.5 months of spending, up from 2.1 in 2011. Staff pay was 11% 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
Michigan Electric Cooperative 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