Rappahannock Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 423,459,289 | 433,858,767 | −10,399,478 | 8.8 | 6% |
| 2012 | 414,359,349 | 412,893,136 | 1,466,213 | 9.6 | 6% |
| 2013 | 415,687,708 | 415,880,176 | −192,468 | 9.9 | 7% |
| 2014 | 445,208,465 | 444,011,632 | 1,196,833 | 9.6 | 6% |
| 2015 | 469,796,707 | 469,410,441 | 386,266 | 9.4 | 6% |
| 2016 | 430,603,338 | 428,724,319 | 1,879,019 | 10.6 | 7% |
| 2017 | 384,878,670 | 385,748,204 | −869,534 | 12.2 | 12% |
| 2018 | 453,259,593 | 453,086,490 | 173,103 | 10.8 | 13% |
| 2019 | 471,748,644 | 471,771,422 | −22,778 | 10.7 | 9% |
| 2020 | 426,168,943 | 424,936,853 | 1,232,090 | 12.0 | 11% |
| 2021 | 419,807,187 | 420,421,503 | −614,316 | 12.5 | 11% |
| 2022 | 493,777,612 | 488,656,915 | 5,120,697 | 10.7 | 11% |
| 2023 | 535,480,140 | 518,647,835 | 16,832,305 | 10.2 | 10% |
In its most recent public year (2023), this organization brought in $16,832,305 more than it spent. Its reserves stood at about 10.2 months of spending, up from 8.8 in 2011. Staff pay was 10% 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
Rappahannock Electric Cooperative'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