Bayfield Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,457,377 | 11,820,935 | 636,442 | 9.3 | 2% |
| 2012 | 12,383,292 | 11,793,383 | 589,909 | 9.9 | 2% |
| 2013 | 13,002,391 | 12,487,142 | 515,249 | 10.1 | 2% |
| 2014 | 13,249,484 | 13,070,262 | 179,222 | 9.8 | 2% |
| 2015 | 13,748,503 | 13,418,698 | 329,805 | 9.7 | 2% |
| 2016 | 14,051,814 | 13,591,468 | 460,346 | 11.1 | 4% |
| 2017 | 14,219,435 | 13,756,625 | 462,810 | 11.5 | 6% |
| 2018 | 14,197,939 | 13,369,882 | 828,057 | 12.4 | 5% |
| 2019 | 14,610,202 | 15,017,115 | −406,913 | 11.2 | 9% |
| 2020 | 14,848,541 | 14,783,168 | 65,373 | 11.3 | 14% |
| 2021 | 14,541,507 | 14,404,913 | 136,594 | 11.6 | 14% |
| 2022 | 15,614,627 | 15,617,494 | −2,867 | 10.6 | 6% |
| 2023 | 15,276,420 | 14,799,335 | 477,085 | 11.5 | 14% |
In its most recent public year (2023), this organization brought in $477,085 more than it spent. Its reserves stood at about 11.5 months of spending, up from 9.3 in 2011. Staff pay was 14% 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
Bayfield 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