Middle Tennessee Electric Membershi P Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 677,185,332 | 677,185,332 | 0 | 8.5 | 1% |
| 2021 | 816,151,968 | 816,151,968 | 0 | 7.6 | 1% |
| 2022 | 956,556,588 | 956,556,588 | 0 | 7.2 | 0% |
| 2023 | 897,322,235 | 897,322,235 | 0 | 8.0 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 8 months of spending. 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
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