Meade County Rural Electric Cooperative Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,122,913 | 35,937,553 | 185,360 | 9.2 | 12% |
| 2012 | 36,727,402 | 36,302,913 | 424,489 | 9.5 | 12% |
| 2013 | 41,631,065 | 41,260,916 | 370,149 | 8.8 | 12% |
| 2014 | 47,827,369 | 47,434,030 | 393,339 | 8.1 | 9% |
| 2015 | 47,181,495 | 46,768,345 | 413,150 | 8.3 | 10% |
| 2016 | 50,668,130 | 50,350,387 | 317,743 | 7.8 | 10% |
| 2017 | 54,505,954 | 54,306,991 | 198,963 | 7.5 | 9% |
| 2018 | 59,758,606 | 59,208,333 | 550,273 | 7.2 | 9% |
| 2019 | 55,880,201 | 55,880,201 | 0 | 7.7 | 10% |
| 2020 | 52,512,211 | 52,512,211 | 0 | 8.4 | 11% |
| 2021 | 56,068,538 | 56,068,538 | 0 | 8.2 | 9% |
| 2022 | 68,475,133 | 68,475,133 | 0 | 6.8 | 8% |
| 2023 | 74,643,147 | 74,643,147 | 0 | 6.6 | 8% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 6.6 months of spending, down from 9.2 in 2011. Staff pay was 8% 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
Meade County Rural Electric Cooperative Corporation'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