Minnkota Power Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 301,170,235 | 294,450,984 | 6,719,251 | 3.8 | 1% |
| 2012 | 293,491,917 | 288,545,049 | 4,946,868 | 4.2 | 1% |
| 2013 | 324,562,877 | 317,761,754 | 6,801,123 | 4.1 | 1% |
| 2014 | 347,340,379 | 340,066,549 | 7,273,830 | 4.1 | 1% |
| 2015 | 378,374,239 | 370,874,239 | 7,500,000 | 4.0 | 1% |
| 2016 | 378,425,640 | 369,195,640 | 9,230,000 | 4.2 | 1% |
| 2017 | 395,642,680 | 385,992,680 | 9,650,000 | 4.3 | 1% |
| 2018 | 414,061,515 | 403,962,515 | 10,099,000 | 4.5 | 1% |
| 2019 | 402,196,354 | 390,482,354 | 11,714,000 | 4.8 | 1% |
| 2020 | 395,276,944 | 387,606,652 | 7,670,292 | 5.2 | 1% |
| 2021 | 406,680,982 | 385,173,456 | 21,507,526 | 5.9 | 0% |
| 2022 | 451,623,057 | 432,708,147 | 18,914,910 | 5.9 | 1% |
| 2023 | 449,704,391 | 436,669,776 | 13,034,615 | 6.2 | 1% |
In its most recent public year (2023), this organization brought in $13,034,615 more than it spent. Its reserves stood at about 6.2 months of spending, up from 3.8 in 2011. Staff pay was 1% 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
Minnkota Power Cooperative Inc'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