Local Government Insurance Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,104 | 66,092 | −52,988 | -143.0 | 0% |
| 2012 | 1,083,158 | 748,653 | 334,505 | -7.3 | 0% |
| 2013 | 688,479 | 16,280 | 672,199 | 161.7 | 0% |
| 2014 | 96,236 | 166,405 | −70,169 | 10.8 | 0% |
| 2015 | 843,575 | 33,121 | 810,454 | 347.7 | 0% |
| 2016 | 488,476 | 12,172 | 476,304 | 1415.6 | 0% |
| 2017 | 188,517 | 21,282 | 167,235 | 903.9 | 0% |
| 2018 | 521,402 | 14,709 | 506,693 | 1721.3 | 0% |
| 2019 | 18,003 | 406,178 | −388,175 | 50.9 | 0% |
| 2020 | 20,580 | 287,262 | −266,682 | 60.8 | 0% |
| 2022 | 9,202 | 73,156 | −63,954 | 213.7 | 0% |
In its most recent public year (2022), this organization spent $63,954 more than it brought in. Its reserves stood at about 213.7 months of spending, up from -143 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 2022. 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
Local Government Insurance Cooperative's IRS filings as a feed — one entry per filing year, through 2022. 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