Joe Wheeler Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 139,074,587 | 138,941,948 | 132,639 | 6.5 | 0% |
| 2013 | 143,125,266 | 143,219,658 | −94,392 | 6.7 | 0% |
| 2014 | 148,684,815 | 148,943,666 | −258,851 | 6.7 | 0% |
| 2015 | 153,467,038 | 153,748,092 | −281,054 | 6.8 | 0% |
| 2016 | 145,305,451 | 145,349,123 | −43,672 | 7.4 | 0% |
| 2017 | 150,125,093 | 150,116,672 | 8,421 | 7.4 | 0% |
| 2018 | 154,968,262 | 155,405,737 | −437,475 | 7.6 | 0% |
| 2019 | 158,848,709 | 159,290,080 | −441,371 | 8.0 | 0% |
| 2020 | 152,754,189 | 153,072,704 | −318,515 | 8.3 | 0% |
| 2021 | 148,535,459 | 148,193,025 | 342,434 | 8.7 | 1% |
| 2022 | 168,171,604 | 167,224,608 | 946,996 | 8.2 | 1% |
| 2023 | 182,521,630 | 182,107,340 | 414,290 | 8.0 | 0% |
In its most recent public year (2023), this organization brought in $414,290 more than it spent. Its reserves stood at about 8 months of spending, up from 6.5 in 2012. 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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