Lee County Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 407,437,843 | 404,336,826 | 3,101,017 | 9.4 | 0% |
| 2012 | 404,532,325 | 402,008,714 | 2,523,611 | 9.5 | 0% |
| 2013 | 405,940,611 | 403,736,284 | 2,204,327 | 9.7 | 0% |
| 2014 | 411,005,386 | 412,660,811 | −1,655,425 | 9.3 | 0% |
| 2015 | 413,766,373 | 414,107,510 | −341,137 | 9.3 | 1% |
| 2016 | 394,692,288 | 392,594,994 | 2,097,294 | 9.9 | 1% |
| 2017 | 408,808,283 | 398,714,266 | 10,094,017 | 10.2 | 1% |
| 2018 | 425,420,177 | 431,982,902 | −6,562,725 | 9.2 | 1% |
| 2019 | 428,944,955 | 418,471,838 | 10,473,117 | 9.8 | 1% |
| 2020 | 447,652,126 | 441,289,217 | 6,362,909 | 9.4 | 1% |
| 2021 | 497,387,726 | 478,634,024 | 18,753,702 | 9.3 | 1% |
| 2022 | 626,227,197 | 614,788,809 | 11,438,388 | 7.5 | 1% |
| 2023 | 608,109,826 | 504,779,733 | 103,330,093 | 11.7 | 1% |
In its most recent public year (2023), this organization brought in $103,330,093 more than it spent. Its reserves stood at about 11.7 months of spending, up from 9.4 in 2011. Staff pay was 1% 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
Lee County Electric Cooperative Inc'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