Steele Waseca Cooperative Electric
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,285,929 | 25,531,474 | 754,455 | 10.7 | 2% |
| 2012 | 28,982,735 | 28,682,156 | 300,579 | 10.5 | 2% |
| 2013 | 31,095,831 | 31,095,831 | 0 | 10.9 | 2% |
| 2014 | 32,136,455 | 32,136,455 | 0 | 11.5 | 2% |
| 2015 | 33,610,988 | 33,498,835 | 112,153 | 11.7 | 2% |
| 2016 | 38,744,001 | 38,744,001 | 0 | 11.0 | 2% |
| 2017 | 39,569,632 | 39,569,632 | 0 | 11.3 | 2% |
| 2018 | 40,549,117 | 40,549,117 | 0 | 11.7 | 2% |
| 2019 | 39,882,173 | 39,882,173 | 0 | 12.6 | 2% |
| 2020 | 38,367,246 | 38,367,246 | 0 | 13.9 | 2% |
| 2021 | 37,750,212 | 37,750,212 | 0 | 14.7 | 2% |
| 2022 | 39,111,435 | 39,111,435 | 0 | 14.3 | 3% |
| 2023 | 45,660,073 | 45,660,073 | 0 | 13.2 | 2% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13.2 months of spending, up from 10.7 in 2011. Staff pay was 2% 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
Steele Waseca Cooperative Electric'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