Kem Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,339,057 | 6,817,421 | 521,636 | 18.2 | 18% |
| 2012 | 7,794,392 | 7,448,693 | 345,699 | 17.2 | 17% |
| 2013 | 9,143,835 | 8,562,636 | 581,199 | 15.8 | 14% |
| 2014 | 9,422,217 | 9,101,962 | 320,255 | 15.3 | 14% |
| 2015 | 8,836,771 | 8,836,771 | 0 | 16.1 | 15% |
| 2016 | 10,322,858 | 10,322,858 | 0 | 14.3 | 7% |
| 2017 | 10,925,786 | 10,925,786 | 0 | 14.1 | 6% |
| 2018 | 11,511,281 | 11,511,281 | 0 | 14.0 | 7% |
| 2019 | 11,113,006 | 11,113,006 | 0 | 15.1 | 6% |
| 2020 | 11,811,338 | 11,811,338 | 0 | 14.9 | 5% |
| 2021 | 11,126,809 | 11,126,809 | 0 | 16.8 | 6% |
| 2022 | 12,543,881 | 12,543,881 | 0 | 15.4 | 1% |
| 2023 | 14,072,369 | 14,072,369 | 0 | 14.2 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 14.2 months of spending, down from 18.2 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
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