Roseau Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,645,510 | 16,089,021 | 556,489 | 10.2 | 12% |
| 2012 | 17,470,518 | 16,995,582 | 474,936 | 9.9 | 10% |
| 2013 | 19,352,321 | 18,704,378 | 647,943 | 10.2 | 9% |
| 2014 | 19,358,001 | 19,476,920 | −118,919 | 10.2 | 9% |
| 2015 | 18,580,412 | 18,109,616 | 470,796 | 11.0 | 11% |
| 2016 | 18,721,128 | 18,330,305 | 390,823 | 11.1 | 11% |
| 2017 | 19,099,094 | 18,829,235 | 269,859 | 11.2 | 11% |
| 2018 | 19,630,549 | 19,369,936 | 260,613 | 11.1 | 11% |
| 2019 | 19,884,154 | 19,575,142 | 309,012 | 11.6 | 10% |
| 2020 | 19,891,415 | 19,416,727 | 474,688 | 12.3 | 11% |
| 2021 | 19,513,008 | 18,596,565 | 916,443 | 12.9 | 14% |
| 2022 | 20,847,676 | 20,425,915 | 421,761 | 12.2 | 12% |
| 2023 | 20,588,990 | 20,027,627 | 561,363 | 13.0 | 13% |
In its most recent public year (2023), this organization brought in $561,363 more than it spent. Its reserves stood at about 13 months of spending, up from 10.2 in 2011. Staff pay was 13% 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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