North Carolina Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,012,676,303 | 994,957,128 | 17,719,175 | 1.1 | 3% |
| 2012 | 1,053,367,122 | 1,035,773,398 | 17,593,724 | 1.3 | 3% |
| 2013 | 1,054,211,486 | 1,036,269,868 | 17,941,618 | 1.7 | 3% |
| 2014 | 1,133,255,545 | 1,115,813,245 | 17,442,300 | 1.8 | 3% |
| 2015 | 1,110,165,545 | 1,088,364,328 | 21,801,217 | 2.0 | 3% |
| 2016 | 1,032,616,755 | 1,009,616,755 | 23,000,000 | 2.4 | 3% |
| 2017 | 1,037,460,980 | 1,014,460,980 | 23,000,000 | 2.9 | 4% |
| 2018 | 1,210,648,659 | 1,180,648,659 | 30,000,000 | 2.7 | 3% |
| 2019 | 1,219,103,028 | 1,189,103,028 | 30,000,000 | 2.6 | 3% |
| 2020 | 1,109,305,874 | 1,079,305,874 | 30,000,000 | 3.2 | 4% |
| 2021 | 1,170,744,231 | 1,140,744,231 | 30,000,000 | 3.4 | 4% |
| 2022 | 1,247,913,136 | 1,217,913,136 | 30,000,000 | 3.5 | 4% |
| 2023 | 1,171,919,581 | 1,141,919,581 | 30,000,000 | 4.1 | 4% |
In its most recent public year (2023), this organization brought in $30,000,000 more than it spent. Its reserves stood at about 4.1 months of spending, up from 1.1 in 2011. Staff pay was 4% 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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