North Star Electric Cooperative Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,614,040 | 13,350,492 | 263,548 | 11.9 | 12% |
| 2012 | 13,815,245 | 13,815,245 | 0 | 11.7 | 13% |
| 2013 | 14,315,178 | 14,315,178 | 0 | 11.4 | 14% |
| 2014 | 14,796,095 | 14,796,095 | 0 | 10.9 | 13% |
| 2015 | 14,385,133 | 14,385,133 | 0 | 11.6 | 14% |
| 2016 | 14,453,496 | 14,453,496 | 0 | 11.5 | 14% |
| 2017 | 14,996,066 | 14,996,066 | 0 | 11.2 | 13% |
| 2018 | 15,778,616 | 15,778,616 | 0 | 10.8 | 13% |
| 2019 | 15,847,575 | 15,847,575 | 0 | 11.3 | 5% |
| 2020 | 15,290,067 | 15,290,067 | 0 | 11.8 | 6% |
| 2021 | 15,284,833 | 15,284,833 | 0 | 12.1 | 4% |
| 2022 | 16,601,117 | 16,601,117 | 0 | 11.7 | 5% |
| 2023 | 16,130,658 | 16,130,658 | 0 | 12.7 | 3% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.7 months of spending. Staff pay was 3% 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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