Pitt & Greene Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,645,730 | 22,162,986 | 482,744 | 9.8 | 6% |
| 2012 | 22,606,899 | 22,131,374 | 475,525 | 10.5 | 6% |
| 2013 | 22,440,203 | 21,945,620 | 494,583 | 11.1 | 6% |
| 2014 | 24,200,552 | 23,795,771 | 404,781 | 11.6 | 6% |
| 2015 | 22,593,105 | 22,071,316 | 521,789 | 12.8 | 7% |
| 2016 | 22,457,530 | 21,903,988 | 553,542 | 13.4 | 8% |
| 2017 | 23,061,752 | 22,464,320 | 597,432 | 13.6 | 8% |
| 2018 | 23,904,824 | 23,166,745 | 738,079 | 14.3 | 8% |
| 2019 | 23,586,417 | 22,871,326 | 715,091 | 14.9 | 5% |
| 2020 | 23,920,886 | 23,189,443 | 731,443 | 15.6 | 5% |
| 2021 | 24,818,628 | 22,912,418 | 1,906,210 | 16.9 | 6% |
| 2022 | 24,789,722 | 24,000,053 | 789,669 | 16.3 | 8% |
| 2023 | 25,474,640 | 24,189,884 | 1,284,756 | 16.7 | 8% |
In its most recent public year (2023), this organization brought in $1,284,756 more than it spent. Its reserves stood at about 16.7 months of spending, up from 9.8 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
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