Heartland Power Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,888,023 | 22,715,984 | 172,039 | 11.1 | 8% |
| 2012 | 23,937,558 | 23,737,558 | 200,000 | 11.2 | 7% |
| 2013 | 25,052,514 | 24,742,513 | 310,001 | 11.3 | 7% |
| 2014 | 26,549,224 | 26,119,224 | 430,000 | 11.3 | 7% |
| 2015 | 27,872,124 | 27,442,123 | 430,001 | 11.2 | 6% |
| 2016 | 28,174,313 | 27,744,313 | 430,000 | 11.6 | 7% |
| 2017 | 29,393,369 | 28,963,369 | 430,000 | 11.8 | 7% |
| 2018 | 29,461,187 | 29,159,906 | 301,281 | 12.0 | 7% |
| 2019 | 29,909,949 | 29,534,949 | 375,000 | 12.4 | 7% |
| 2020 | 27,879,416 | 27,655,584 | 223,832 | 13.6 | 7% |
| 2021 | 24,643,781 | 23,914,066 | 729,715 | 16.5 | 8% |
| 2022 | 29,708,110 | 29,197,113 | 510,997 | 14.1 | 6% |
| 2023 | 31,295,055 | 29,841,744 | 1,453,311 | 14.8 | 7% |
In its most recent public year (2023), this organization brought in $1,453,311 more than it spent. Its reserves stood at about 14.8 months of spending, up from 11.1 in 2011. Staff pay was 7% 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
Heartland Power 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