Midwest Energy Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,526,278 | 67,937,827 | 2,588,451 | 5.8 | 1% |
| 2012 | 75,089,159 | 72,555,533 | 2,533,626 | 5.8 | 1% |
| 2013 | 76,822,267 | 73,058,438 | 3,763,829 | 7.2 | 2% |
| 2014 | 79,464,110 | 77,017,182 | 2,446,928 | 6.5 | 1% |
| 2015 | 80,637,368 | 80,637,368 | 0 | 7.3 | 2% |
| 2016 | 87,182,218 | 87,182,218 | 0 | 7.3 | 3% |
| 2017 | 90,511,003 | 90,511,003 | 0 | 7.5 | 2% |
| 2018 | 97,253,649 | 96,315,846 | 937,803 | 7.6 | 2% |
| 2019 | 101,534,792 | 100,771,187 | 763,605 | 7.8 | 2% |
| 2020 | 105,303,622 | 104,429,736 | 873,886 | 8.1 | 2% |
| 2021 | 119,294,620 | 118,245,854 | 1,048,766 | 8.9 | 2% |
| 2022 | 134,375,062 | 133,311,610 | 1,063,452 | 9.7 | 2% |
| 2023 | 146,613,441 | 145,147,935 | 1,465,506 | 11.2 | 2% |
In its most recent public year (2023), this organization brought in $1,465,506 more than it spent. Its reserves stood at about 11.2 months of spending, up from 5.8 in 2011. Staff pay was 2% 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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