Lake Region Electric Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,179,973 | 11,179,973 | 0 | 8.3 | 12% |
| 2012 | 13,001,996 | 12,891,164 | 110,832 | 8.1 | 11% |
| 2013 | 14,564,363 | 14,451,351 | 113,012 | 7.6 | 10% |
| 2014 | 15,464,680 | 15,349,979 | 114,701 | 7.8 | 9% |
| 2015 | 15,131,393 | 14,946,955 | 184,438 | 8.7 | 10% |
| 2016 | 17,129,629 | 16,885,817 | 243,812 | 8.6 | 10% |
| 2017 | 19,452,130 | 18,597,421 | 854,709 | 8.4 | 9% |
| 2018 | 21,034,517 | 19,034,347 | 2,000,170 | 9.4 | 9% |
| 2019 | 19,141,078 | 18,935,695 | 205,383 | 10.0 | 9% |
| 2020 | 17,807,086 | 17,713,223 | 93,863 | 11.3 | 9% |
| 2021 | 19,860,340 | 19,706,183 | 154,157 | 10.5 | 9% |
| 2022 | 19,790,370 | 19,719,627 | 70,743 | 11.3 | 9% |
| 2023 | 19,878,233 | 19,703,998 | 174,235 | 11.9 | 9% |
In its most recent public year (2023), this organization brought in $174,235 more than it spent. Its reserves stood at about 11.9 months of spending, up from 8.3 in 2011. Staff pay was 9% 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
Lake Region Electric Association 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