Nolin Rural Electric Cooperative Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,172,622 | 81,172,622 | 0 | 8.7 | 8% |
| 2012 | 80,049,601 | 80,049,601 | 0 | 9.5 | 8% |
| 2013 | 87,623,520 | 87,623,520 | 0 | 9.0 | 8% |
| 2014 | 87,366,542 | 87,366,542 | 0 | 9.7 | 8% |
| 2015 | 78,982,710 | 87,115,881 | −8,133,171 | 9.3 | 10% |
| 2016 | 77,615,499 | 78,604,380 | −988,881 | 10.1 | 10% |
| 2017 | 76,012,400 | 76,012,400 | 0 | 10.8 | 10% |
| 2018 | 84,287,269 | 84,287,269 | 0 | 10.5 | 10% |
| 2019 | 80,439,557 | 80,439,557 | 0 | 11.4 | 10% |
| 2020 | 73,838,257 | 73,838,257 | 0 | 13.1 | 10% |
| 2021 | 80,995,142 | 80,995,142 | 0 | 12.5 | 11% |
| 2022 | 102,908,461 | 102,908,461 | 0 | 10.8 | 8% |
| 2023 | 88,481,923 | 88,481,923 | 0 | 13.0 | 10% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13 months of spending, up from 8.7 in 2011. Staff pay was 10% 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
Nolin 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