Panhandle Rural Electric Membership Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,974,909 | 12,102,354 | −127,445 | 13.2 | 12% |
| 2012 | 15,678,509 | 14,923,635 | 754,874 | 11.3 | 10% |
| 2013 | 14,229,540 | 13,361,337 | 868,203 | 13.5 | 11% |
| 2014 | 12,634,462 | 12,116,789 | 517,673 | 15.4 | 13% |
| 2015 | 12,157,398 | 11,726,641 | 430,757 | 16.5 | 14% |
| 2016 | 13,420,913 | 13,298,237 | 122,676 | 14.7 | 12% |
| 2017 | 13,768,544 | 13,348,250 | 420,294 | 15.0 | 12% |
| 2018 | 13,476,014 | 13,502,777 | −26,763 | 15.0 | 12% |
| 2019 | 12,556,113 | 12,591,569 | −35,456 | 16.1 | 14% |
| 2020 | 15,580,250 | 15,205,366 | 374,884 | 13.7 | 11% |
| 2021 | 16,400,067 | 15,111,779 | 1,288,288 | 14.9 | 12% |
| 2022 | 15,889,292 | 15,779,014 | 110,278 | 14.4 | 13% |
| 2023 | 15,144,678 | 14,535,395 | 609,283 | 16.2 | 11% |
In its most recent public year (2023), this organization brought in $609,283 more than it spent. Its reserves stood at about 16.2 months of spending, up from 13.2 in 2011. Staff pay was 11% 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
Panhandle Rural Electric Membership Association'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