Traverse Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,058,461 | 6,715,323 | 343,138 | 12.8 | 15% |
| 2012 | 7,460,589 | 7,022,097 | 438,492 | 12.7 | 14% |
| 2013 | 9,228,577 | 8,254,254 | 974,323 | 11.9 | 13% |
| 2014 | 9,742,241 | 8,588,865 | 1,153,376 | 12.6 | 12% |
| 2015 | 9,656,553 | 9,656,555 | −2 | 12.0 | 13% |
| 2016 | 10,453,885 | 10,453,882 | 3 | 12.4 | 11% |
| 2017 | 11,045,925 | 11,045,925 | 0 | 12.4 | 15% |
| 2018 | 12,312,704 | 12,312,704 | 0 | 12.6 | 15% |
| 2019 | 12,208,256 | 12,208,256 | 0 | 13.4 | 2% |
| 2020 | 12,189,793 | 12,189,793 | 0 | 14.3 | 2% |
| 2021 | 12,647,897 | 12,647,897 | 0 | 14.6 | 3% |
| 2022 | 13,733,233 | 13,733,233 | 0 | 14.6 | 4% |
| 2023 | 14,701,778 | 14,701,778 | 0 | 14.8 | 4% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 14.8 months of spending, up from 12.8 in 2011. Staff pay was 4% 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
Traverse 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