Halifax Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,175,803 | 24,175,803 | 0 | 8.7 | 1% |
| 2012 | 24,282,652 | 24,282,652 | 0 | 9.2 | 1% |
| 2013 | 26,031,362 | 26,031,921 | −559 | 9.0 | 6% |
| 2014 | 26,551,928 | 26,552,456 | −528 | 9.0 | 1% |
| 2015 | 25,747,758 | 25,748,243 | −485 | 9.2 | 1% |
| 2016 | 24,806,913 | 24,807,363 | −450 | 9.8 | 2% |
| 2017 | 23,331,356 | 23,331,798 | −442 | 10.3 | 2% |
| 2018 | 26,216,090 | 26,216,581 | −491 | 9.4 | 2% |
| 2019 | 26,457,641 | 26,717,884 | −260,243 | 10.0 | 13% |
| 2020 | 25,317,078 | 26,026,944 | −709,866 | 10.6 | 14% |
| 2021 | 27,609,154 | 25,932,291 | 1,676,863 | 11.4 | 14% |
| 2022 | 27,293,993 | 27,533,586 | −239,593 | 10.9 | 14% |
| 2023 | 28,778,915 | 29,096,862 | −317,947 | 10.9 | 13% |
In its most recent public year (2023), this organization spent $317,947 more than it brought in. Its reserves stood at about 10.9 months of spending, up from 8.7 in 2011. Staff pay was 13% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works