Stearns Cooperative Electric Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 47,954,118 | 47,954,118 | 0 | 11.0 | 0% |
| 2012 | 50,582,875 | 50,582,875 | 0 | 11.1 | 0% |
| 2013 | 55,924,272 | 55,924,272 | 0 | 10.9 | 0% |
| 2014 | 58,752,113 | 58,752,113 | 0 | 11.4 | 0% |
| 2015 | 54,746,817 | 54,746,817 | 0 | 12.7 | 1% |
| 2016 | 57,760,775 | 57,760,775 | 0 | 12.7 | 1% |
| 2017 | 58,362,370 | 58,362,370 | 0 | 13.0 | 1% |
| 2018 | 60,381,799 | 60,381,799 | 0 | 13.1 | 1% |
| 2019 | 60,899,451 | 60,899,451 | 0 | 13.5 | 1% |
| 2020 | 61,265,048 | 61,265,048 | 0 | 13.7 | 2% |
| 2021 | 65,381,947 | 65,381,947 | 0 | 13.5 | 2% |
| 2022 | 64,351,952 | 64,351,952 | 0 | 14.1 | 2% |
| 2023 | 68,934,211 | 68,934,211 | 0 | 13.8 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13.8 months of spending, up from 11 in 2011. 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
Stearns Cooperative Electric 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