Minnesota Valley Electric Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 96,335 | 88,390 | 7,945 | 3.4 | — |
| 2012 | 99,208 | 97,766 | 1,442 | 3.2 | — |
| 2013 | 102,680 | 108,115 | −5,435 | 2.3 | — |
| 2014 | 108,635 | 96,907 | 11,728 | 4.0 | — |
| 2015 | 108,891 | 112,102 | −3,211 | 3.1 | — |
| 2016 | 114,178 | 106,622 | 7,556 | 4.2 | — |
| 2017 | 119,377 | 125,779 | −6,402 | 2.9 | — |
| 2018 | 126,336 | 120,701 | 5,635 | 3.6 | — |
| 2019 | 130,147 | 132,265 | −2,118 | 3.1 | — |
| 2020 | 136,943 | 129,354 | 7,589 | 3.9 | — |
| 2021 | 145,998 | 135,641 | 10,357 | 4.6 | — |
| 2022 | 157,779 | 152,887 | 4,892 | 4.5 | — |
| 2023 | 151,722 | 177,166 | −25,444 | 2.1 | — |
In its most recent public year (2023), this organization spent $25,444 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 3.4 in 2011.
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
Minnesota Valley Electric Trust'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