Washington Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,672,462 | 39,672,462 | 0 | 11.0 | 1% |
| 2012 | 37,509,230 | 37,509,230 | 0 | 12.0 | 1% |
| 2013 | 37,397,227 | 37,397,227 | 0 | 12.3 | 1% |
| 2014 | 39,589,695 | 39,589,695 | 0 | 11.9 | 1% |
| 2015 | 39,041,254 | 39,041,254 | 0 | 12.5 | 1% |
| 2016 | 40,357,227 | 40,357,227 | 0 | 12.7 | 1% |
| 2017 | 38,712,245 | 38,712,245 | 0 | 13.5 | 2% |
| 2018 | 39,829,999 | 39,829,999 | 0 | 13.6 | 2% |
| 2019 | 38,703,650 | 38,703,650 | 0 | 14.5 | 3% |
| 2020 | 38,073,689 | 38,073,689 | 0 | 14.9 | 3% |
| 2021 | 40,840,577 | 40,840,577 | 0 | 14.0 | 3% |
| 2022 | 48,227,831 | 48,227,831 | 0 | 11.8 | 3% |
In its most recent public year (2022), this organization brought in $0 more than it spent. Its reserves stood at about 11.8 months of spending. Staff pay was 3% 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 2022. 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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