Rushmore Electric Power Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,568,639 | 3,524,291 | 2,044,348 | 112.6 | 40% |
| 2012 | 6,170,486 | 4,037,847 | 2,132,639 | 104.6 | 37% |
| 2013 | 6,745,177 | 3,836,656 | 2,908,521 | 119.2 | 38% |
| 2014 | 6,729,144 | 4,707,881 | 2,021,263 | 102.3 | 34% |
| 2015 | 6,729,674 | 4,567,650 | 2,162,024 | 111.1 | 37% |
| 2016 | 11,119,658 | 4,753,851 | 6,365,807 | 122.8 | 39% |
| 2017 | 8,419,600 | 7,225,670 | 1,193,930 | 82.8 | 27% |
| 2018 | 15,095,084 | 7,716,766 | 7,378,318 | 89.0 | 27% |
| 2019 | 8,122,958 | 8,032,856 | 90,102 | 85.6 | 26% |
| 2020 | 8,774,347 | 7,776,563 | 997,784 | 90.0 | 25% |
| 2021 | 7,530,453 | 8,100,660 | −570,207 | 85.5 | 24% |
| 2022 | 14,508,098 | 9,018,860 | 5,489,238 | 84.1 | 24% |
| 2023 | 12,386,958 | 8,575,236 | 3,811,722 | 93.8 | 30% |
In its most recent public year (2023), this organization brought in $3,811,722 more than it spent. Its reserves stood at about 93.8 months of spending, down from 112.6 in 2011. Staff pay was 30% 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
Rushmore Electric 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