Minnesota Rural Electric Associatio N
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,760,887 | 3,007,596 | −246,709 | 3.2 | 40% |
| 2012 | 2,990,676 | 2,735,173 | 255,503 | 4.6 | 40% |
| 2013 | 3,147,813 | 3,053,698 | 94,115 | 4.5 | 36% |
| 2014 | 3,334,111 | 3,098,945 | 235,166 | 5.4 | 36% |
| 2015 | 3,435,301 | 3,149,080 | 286,221 | 6.2 | 38% |
| 2016 | 3,659,235 | 3,540,638 | 118,597 | 5.7 | 37% |
| 2017 | 3,755,312 | 3,665,280 | 90,032 | 5.8 | 39% |
| 2018 | 3,995,591 | 3,798,364 | 197,227 | 6.3 | 38% |
| 2019 | 4,008,036 | 4,042,634 | −34,598 | 5.8 | 38% |
| 2020 | 3,833,827 | 3,681,079 | 152,748 | 6.9 | 43% |
| 2021 | 4,154,040 | 3,936,728 | 217,312 | 7.1 | 42% |
| 2022 | 4,674,458 | 4,521,431 | 153,027 | 6.6 | 41% |
| 2023 | 4,963,044 | 4,614,349 | 348,695 | 7.4 | 40% |
In its most recent public year (2023), this organization brought in $348,695 more than it spent. Its reserves stood at about 7.4 months of spending, up from 3.2 in 2011. Staff pay was 40% 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
Minnesota Rural Electric Associatio N'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