Albemarle Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,648,789 | 26,648,789 | 0 | 9.3 | 1% |
| 2012 | 26,557,133 | 26,557,133 | 0 | 9.6 | 1% |
| 2013 | 28,212,735 | 28,212,735 | 0 | 9.7 | 1% |
| 2014 | 28,946,629 | 28,946,629 | 0 | 10.0 | 1% |
| 2015 | 29,298,294 | 29,298,294 | 0 | 10.5 | 1% |
| 2016 | 27,834,533 | 27,834,533 | 0 | 11.5 | 1% |
| 2017 | 27,894,645 | 27,894,645 | 0 | 12.3 | 1% |
| 2018 | 31,748,607 | 31,748,607 | 0 | 11.7 | 1% |
| 2019 | 31,182,060 | 31,182,060 | 0 | 13.1 | 1% |
| 2020 | 29,831,303 | 29,831,303 | 0 | 14.7 | 1% |
| 2021 | 31,566,599 | 30,834,562 | 732,037 | 15.9 | 1% |
| 2022 | 32,358,063 | 32,358,063 | 0 | 16.2 | 1% |
| 2023 | 32,082,307 | 32,082,307 | 0 | 17.0 | 2% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 17 months of spending, up from 9.3 in 2011. Staff pay was 2% 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