Cumberland Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 293,905,888 | 281,108,006 | 12,797,882 | 9.4 | 9% |
| 2022 | 327,722,843 | 312,425,575 | 15,297,268 | 9.1 | 9% |
| 2023 | 355,388,039 | 346,845,038 | 8,543,001 | 8.5 | 8% |
| 2024 | 364,091,551 | 343,919,624 | 20,171,927 | 9.2 | 9% |
In its most recent public year (2024), this organization brought in $20,171,927 more than it spent. Its reserves stood at about 9.2 months of spending. Staff pay was 9% 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 2024. 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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