Piedmont Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,259,729 | 61,259,729 | 0 | 9.1 | 1% |
| 2012 | 63,637,989 | 63,637,989 | 0 | 9.1 | 1% |
| 2013 | 64,702,078 | 64,702,078 | 0 | 9.5 | 1% |
| 2014 | 66,053,934 | 66,053,934 | 0 | 9.7 | 1% |
| 2015 | 64,719,516 | 64,719,516 | 0 | 10.2 | 13% |
| 2016 | 63,507,117 | 63,507,117 | 0 | 10.8 | 13% |
| 2017 | 63,217,677 | 63,217,677 | 0 | 11.4 | 13% |
| 2018 | 66,279,996 | 66,279,996 | 0 | 11.2 | 13% |
| 2019 | 65,169,845 | 65,169,845 | 0 | 11.7 | 13% |
| 2020 | 66,867,481 | 66,867,481 | 0 | 11.7 | 14% |
| 2021 | 66,236,089 | 66,236,089 | 0 | 12.5 | 14% |
| 2022 | 67,548,545 | 67,548,545 | 0 | 12.6 | 15% |
| 2023 | 76,825,164 | 76,825,164 | 0 | 11.8 | 13% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 11.8 months of spending, up from 9.1 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
Piedmont Electric Membership Corp'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