Brunswick Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,162,869 | 202,222,670 | 2,940,199 | 10.7 | 9% |
| 2021 | 201,275,080 | 199,029,268 | 2,245,812 | 11.3 | 10% |
| 2022 | 218,662,307 | 217,749,601 | 912,706 | 11.1 | 12% |
| 2023 | 218,088,595 | 213,390,688 | 4,697,907 | 11.9 | 9% |
In its most recent public year (2023), this organization brought in $4,697,907 more than it spent. Its reserves stood at about 11.9 months of spending, up from 10.7 in 2020. Staff pay was 9% 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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