Carteret-Craven Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,957,144 | 62,101,795 | 2,855,349 | 8.4 | 8% |
| 2012 | 63,498,370 | 59,990,704 | 3,507,666 | 9.2 | 8% |
| 2013 | 64,340,391 | 60,170,181 | 4,170,210 | 9.8 | 8% |
| 2014 | 67,624,587 | 62,721,682 | 4,902,905 | 9.9 | 9% |
| 2015 | 68,111,406 | 62,061,910 | 6,049,496 | 10.6 | 8% |
| 2016 | 66,089,824 | 59,443,898 | 6,645,926 | 11.6 | 9% |
| 2017 | 66,361,608 | 60,979,950 | 5,381,658 | 11.3 | 9% |
| 2018 | 72,525,227 | 65,354,214 | 7,171,013 | 11.3 | 1% |
| 2019 | 78,765,884 | 73,724,323 | 5,041,561 | 10.6 | 1% |
| 2020 | 70,996,772 | 65,600,143 | 5,396,629 | 11.9 | 1% |
| 2021 | 69,642,731 | 63,628,368 | 6,014,363 | 12.7 | 10% |
| 2022 | 70,087,411 | 66,951,412 | 3,135,999 | 11.9 | 8% |
| 2023 | 72,417,120 | 68,415,516 | 4,001,604 | 11.7 | 8% |
In its most recent public year (2023), this organization brought in $4,001,604 more than it spent. Its reserves stood at about 11.7 months of spending, up from 8.4 in 2011. Staff pay was 8% 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
Carteret-Craven 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