Red Lake Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,156,392 | 13,161,992 | −5,600 | 9.9 | 1% |
| 2012 | 13,382,514 | 13,382,519 | −5 | 9.9 | 1% |
| 2013 | 13,866,873 | 13,870,203 | −3,330 | 10.1 | 1% |
| 2014 | 14,488,600 | 14,496,309 | −7,709 | 9.9 | 1% |
| 2015 | 13,958,827 | 13,958,827 | 0 | 10.3 | 2% |
| 2016 | 14,419,072 | 14,426,140 | −7,068 | 10.0 | 2% |
| 2017 | 14,800,800 | 14,801,171 | −371 | 9.8 | 2% |
| 2018 | 15,200,463 | 15,205,142 | −4,679 | 9.5 | 2% |
| 2019 | 15,257,078 | 15,303,796 | −46,718 | 9.2 | 2% |
| 2020 | 14,916,224 | 14,949,129 | −32,905 | 9.4 | 1% |
| 2021 | 15,220,565 | 15,243,964 | −23,399 | 9.6 | 1% |
| 2022 | 15,413,825 | 15,413,825 | 0 | 9.8 | 1% |
| 2023 | 15,634,484 | 15,634,484 | 0 | 9.7 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 9.7 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
Red Lake Electric Cooperative Inc'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