Mountain Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,063,254 | 60,654,939 | 408,315 | 8.8 | 0% |
| 2012 | 57,500,861 | 54,673,052 | 2,827,809 | 10.3 | 0% |
| 2013 | 60,853,097 | 58,014,179 | 2,838,918 | 10.4 | 0% |
| 2014 | 61,105,575 | 58,484,957 | 2,620,618 | 11.8 | 0% |
| 2015 | 60,246,792 | 57,773,225 | 2,473,567 | 12.4 | 0% |
| 2016 | 57,526,246 | 54,039,307 | 3,486,939 | 14.0 | 0% |
| 2017 | 59,028,443 | 57,386,770 | 1,641,673 | 13.5 | 0% |
| 2018 | 61,689,609 | 60,747,572 | 942,037 | 13.0 | 0% |
| 2019 | 62,901,390 | 61,321,607 | 1,579,783 | 12.8 | 0% |
| 2020 | 60,283,758 | 57,761,375 | 2,522,383 | 14.1 | 0% |
| 2021 | 62,750,809 | 58,179,883 | 4,570,926 | 15.2 | 0% |
| 2022 | 66,777,111 | 63,542,940 | 3,234,171 | 14.9 | 0% |
| 2023 | 72,876,656 | 69,545,506 | 3,331,150 | 14.2 | 0% |
In its most recent public year (2023), this organization brought in $3,331,150 more than it spent. Its reserves stood at about 14.2 months of spending, up from 8.8 in 2011. Staff pay was 0% 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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