East-Central Iowa Rural Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,820,419 | 20,016,757 | 803,662 | 14.1 | 1% |
| 2012 | 22,262,552 | 20,877,616 | 1,384,936 | 14.3 | 1% |
| 2013 | 23,385,394 | 22,197,766 | 1,187,628 | 14.1 | 3% |
| 2014 | 23,474,454 | 21,739,263 | 1,735,191 | 15.4 | 3% |
| 2015 | 23,068,663 | 21,554,585 | 1,514,078 | 16.4 | 3% |
| 2016 | 23,362,213 | 21,506,252 | 1,855,961 | 17.4 | 3% |
| 2017 | 22,517,219 | 20,957,210 | 1,560,009 | 18.8 | 3% |
| 2018 | 23,358,440 | 21,496,905 | 1,861,535 | 19.2 | 3% |
| 2019 | 23,357,552 | 21,848,738 | 1,508,814 | 19.7 | 4% |
| 2020 | 22,698,157 | 21,049,132 | 1,649,025 | 21.3 | 4% |
| 2021 | 22,546,946 | 21,238,918 | 1,308,028 | 21.8 | 3% |
| 2022 | 25,242,152 | 24,008,314 | 1,233,838 | 19.9 | 3% |
| 2023 | 27,019,653 | 24,583,806 | 2,435,847 | 20.6 | 3% |
In its most recent public year (2023), this organization brought in $2,435,847 more than it spent. Its reserves stood at about 20.6 months of spending, up from 14.1 in 2011. Staff pay was 3% 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
East-Central Iowa 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