Northern Neck Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,860,870 | 34,324,803 | 1,536,067 | 12.3 | 12% |
| 2012 | 34,288,189 | 32,858,090 | 1,430,099 | 13.1 | 13% |
| 2013 | 35,255,868 | 34,340,888 | 914,980 | 13.2 | 13% |
| 2014 | 37,553,512 | 36,042,301 | 1,511,211 | 13.0 | 12% |
| 2015 | 39,418,494 | 38,905,896 | 512,598 | 12.6 | 12% |
| 2016 | 37,762,321 | 37,078,130 | 684,191 | 13.4 | 14% |
| 2017 | 35,362,613 | 34,527,646 | 834,967 | 14.7 | 15% |
| 2018 | 41,009,959 | 40,284,969 | 724,990 | 12.9 | 14% |
| 2019 | 42,065,650 | 40,279,434 | 1,786,216 | 13.3 | 14% |
| 2020 | 39,034,601 | 38,399,261 | 635,340 | 14.3 | 16% |
| 2021 | 40,320,421 | 39,026,890 | 1,293,531 | 15.1 | 15% |
| 2022 | 44,340,026 | 42,174,592 | 2,165,434 | 14.6 | 14% |
| 2023 | 48,058,563 | 42,956,641 | 5,101,922 | 14.2 | 15% |
In its most recent public year (2023), this organization brought in $5,101,922 more than it spent. Its reserves stood at about 14.2 months of spending, up from 12.3 in 2011. Staff pay was 15% 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
Northern Neck Electric 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