Nemaha-Marshall Electric Cooperative Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 6,720,111 | 6,367,503 | 352,608 | 14.4 | 10% |
| 2020 | 6,764,519 | 6,209,242 | 555,277 | 15.3 | 10% |
| 2021 | 6,888,163 | 6,369,560 | 518,603 | 15.3 | 10% |
| 2022 | 7,748,060 | 7,000,598 | 747,462 | 14.8 | 9% |
| 2023 | 7,334,944 | 6,947,563 | 387,381 | 15.2 | 11% |
In its most recent public year (2023), this organization brought in $387,381 more than it spent. Its reserves stood at about 15.2 months of spending. 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
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