Minnesota Valley Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 69,412,855 | 68,966,570 | 446,285 | 9.1 | 2% |
| 2012 | 72,055,812 | 71,590,938 | 464,874 | 9.3 | 1% |
| 2013 | 75,653,128 | 75,438,470 | 214,658 | 9.3 | 1% |
| 2014 | 76,513,147 | 75,736,387 | 776,760 | 9.6 | 1% |
| 2015 | 78,589,739 | 78,153,287 | 436,452 | 9.5 | 2% |
| 2016 | 87,635,360 | 89,451,533 | −1,816,173 | 8.7 | 2% |
| 2017 | 89,725,384 | 90,057,533 | −332,149 | 8.9 | 1% |
| 2018 | 96,408,322 | 96,525,782 | −117,460 | 8.8 | 1% |
| 2019 | 92,655,686 | 92,342,792 | 312,894 | 9.4 | 1% |
| 2020 | 93,961,370 | 94,080,870 | −119,500 | 9.7 | 1% |
| 2021 | 97,633,848 | 96,823,868 | 809,980 | 9.6 | 1% |
| 2022 | 112,862,188 | 109,796,025 | 3,066,163 | 8.9 | 1% |
| 2023 | 108,564,734 | 107,152,255 | 1,412,479 | 9.6 | 1% |
In its most recent public year (2023), this organization brought in $1,412,479 more than it spent. Its reserves stood at about 9.6 months of spending. Staff pay was 1% 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 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