Tennessee Valley Authority Cherokee Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,542,394 | 54,907,826 | 8,634,568 | 9.7 | 1% |
| 2012 | 57,551,504 | 57,551,504 | 0 | 9.4 | 1% |
| 2013 | 59,809,465 | 59,809,465 | 0 | 10.5 | 1% |
| 2014 | 61,273,297 | 61,273,297 | 0 | 11.2 | 1% |
| 2015 | 60,725,043 | 60,725,043 | 0 | 11.8 | 1% |
| 2016 | 59,249,160 | 59,249,160 | 0 | 13.2 | 1% |
| 2017 | 60,956,501 | 60,956,501 | 0 | 13.6 | 1% |
| 2018 | 62,073,733 | 62,073,733 | 0 | 14.9 | 1% |
| 2019 | 63,676,462 | 63,676,462 | 0 | 15.6 | 1% |
| 2020 | 58,962,013 | 58,962,013 | 0 | 16.6 | 1% |
| 2021 | 61,200,053 | 61,200,053 | 0 | 17.7 | 1% |
| 2022 | 66,592,485 | 66,592,485 | 0 | 18.2 | 1% |
| 2023 | 66,658,185 | 66,658,185 | 0 | 18.6 | 1% |
| 2024 | 65,117,812 | 65,117,812 | 0 | 20.7 | 1% |
In its most recent public year (2024), this organization brought in $0 more than it spent. Its reserves stood at about 20.7 months of spending, up from 9.7 in 2011. 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 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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