Minnesota Valley Cooperative Light And Power Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,747,342 | 16,817,347 | −70,005 | 13.2 | 3% |
| 2012 | 17,914,534 | 17,567,264 | 347,270 | 12.7 | 3% |
| 2013 | 20,243,473 | 18,757,082 | 1,486,391 | 12.7 | 3% |
| 2014 | 20,355,218 | 19,271,563 | 1,083,655 | 13.1 | 3% |
| 2016 | 20,851,737 | 19,868,466 | 983,271 | 13.7 | 3% |
| 2018 | 23,687,651 | 23,636,667 | 50,984 | 12.4 | 2% |
| 2019 | 22,352,862 | 24,616,833 | −2,263,971 | 13.1 | 2% |
| 2020 | 21,197,805 | 22,265,877 | −1,068,072 | 15.1 | 3% |
| 2021 | 22,632,419 | 23,060,089 | −427,670 | 15.8 | 3% |
| 2022 | 24,527,313 | 25,134,140 | −606,827 | 14.9 | 4% |
| 2023 | 25,650,557 | 26,043,792 | −393,235 | 15.3 | 4% |
In its most recent public year (2023), this organization spent $393,235 more than it brought in. Its reserves stood at about 15.3 months of spending, up from 13.2 in 2011. Staff pay was 4% 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 Valley Cooperative Light And Power 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