Palmetto Rural Telephone Cooperative Inc Veba Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 368,426 | 6,420 | 362,006 | 6488.2 | 0% |
| 2011 | 0 | 229,897 | −229,897 | 169.2 | 0% |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 563,943 | 0 | 563,943 | — | — |
| 2014 | 318,592 | 0 | 318,592 | — | — |
| 2015 | −336,159 | 0 | −336,159 | — | — |
| 2016 | 1,210,497 | 251,834 | 958,663 | 358.7 | 0% |
| 2017 | 1,705,181 | 290,800 | 1,414,381 | 369.0 | 0% |
| 2018 | 346,318 | 975,735 | −629,417 | 102.2 | 3% |
| 2019 | 336,718 | 373,100 | −36,382 | 313.2 | 7% |
| 2020 | 174,410 | 353,398 | −178,988 | 350.4 | 6% |
| 2021 | 907,248 | 363,862 | 543,386 | 383.9 | 5% |
| 2022 | 807,649 | 384,792 | 422,857 | 328.2 | 6% |
| 2023 | 668,406 | 347,907 | 320,499 | 392.2 | 7% |
In its most recent public year (2023), this organization brought in $320,499 more than it spent. Its reserves stood at about 392.2 months of spending, down from 6488.2 in 2010. Staff pay was 7% 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
Palmetto Rural Telephone Cooperative Inc Veba Trust'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