Northwest Iowa Power Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 104,137,752 | 103,639,160 | 498,592 | 9.1 | 5% |
| 2021 | 97,805,529 | 97,310,307 | 495,222 | 10.1 | 5% |
| 2022 | 106,140,124 | 105,118,609 | 1,021,515 | 10.2 | 4% |
| 2023 | 110,395,836 | 109,664,924 | 730,912 | 10.3 | 5% |
In its most recent public year (2023), this organization brought in $730,912 more than it spent. Its reserves stood at about 10.3 months of spending, up from 9.1 in 2020. Staff pay was 5% 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
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