Cullman Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 119,158,465 | 114,213,338 | 4,945,127 | 13.0 | 5% |
| 2022 | 129,698,192 | 129,698,192 | 0 | 11.9 | 1% |
| 2023 | 145,062,218 | 145,062,218 | 0 | 11.0 | 1% |
| 2024 | 150,626,956 | 150,626,956 | 0 | 11.1 | 1% |
In its most recent public year (2024), this organization brought in $0 more than it spent. Its reserves stood at about 11.1 months of spending, down from 13 in 2021. 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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