Grundy County Rural Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,208,039 | 5,875,161 | 332,878 | 13.2 | 4% |
| 2012 | 6,424,275 | 6,024,739 | 399,536 | 13.3 | 4% |
| 2013 | 7,047,791 | 6,599,152 | 448,639 | 13.0 | 4% |
| 2014 | 7,258,730 | 6,876,299 | 382,431 | 13.1 | 4% |
| 2015 | 7,061,528 | 6,684,573 | 376,955 | 14.2 | 5% |
| 2016 | 7,706,866 | 6,854,250 | 852,616 | 15.3 | 4% |
| 2017 | 8,028,010 | 7,547,710 | 480,300 | 14.7 | 4% |
| 2018 | 8,865,130 | 8,508,027 | 357,103 | 14.7 | 3% |
| 2019 | 8,342,032 | 8,242,031 | 100,001 | 15.6 | 3% |
| 2020 | 8,700,100 | 8,453,216 | 246,884 | 15.7 | 4% |
| 2021 | 9,712,208 | 9,435,386 | 276,822 | 14.5 | 10% |
| 2022 | 11,131,300 | 10,605,225 | 526,075 | 14.3 | 5% |
| 2023 | 10,250,490 | 10,250,793 | −303 | 15.5 | 6% |
In its most recent public year (2023), this organization spent $303 more than it brought in. Its reserves stood at about 15.5 months of spending, up from 13.2 in 2011. Staff pay was 6% 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
Grundy County Rural Electric Cooperative'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