Jones-Onslow Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 143,959,262 | 140,520,807 | 3,438,455 | 13.6 | 12% |
| 2021 | 148,598,141 | 144,316,553 | 4,281,588 | 14.0 | 12% |
| 2022 | 152,637,282 | 149,511,415 | 3,125,867 | 14.1 | 11% |
| 2023 | 159,869,087 | 156,625,850 | 3,243,237 | 14.0 | 11% |
In its most recent public year (2023), this organization brought in $3,243,237 more than it spent. Its reserves stood at about 14 months of spending. Staff pay was 11% 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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