First Electric Cooperative Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 175,915,263 | 175,915,263 | 0 | 13.2 | 6% |
| 2012 | 178,388,155 | 178,388,155 | 0 | 13.9 | 6% |
| 2013 | 184,052,422 | 184,052,422 | 0 | 14.0 | 6% |
| 2014 | 183,930,333 | 183,930,333 | 0 | 14.7 | 6% |
| 2015 | 179,335,332 | 179,335,332 | 0 | 15.7 | 7% |
| 2016 | 186,764,354 | 186,764,354 | 0 | 15.6 | 8% |
| 2017 | 187,942,712 | 187,942,712 | 0 | 15.8 | 8% |
| 2018 | 202,342,608 | 202,342,608 | 0 | 15.6 | 7% |
| 2019 | 194,484,232 | 194,484,232 | 0 | 16.8 | 8% |
| 2020 | 188,001,291 | 188,001,291 | 0 | 17.8 | 9% |
| 2021 | 234,356,715 | 234,850,185 | −493,470 | 14.9 | 7% |
| 2022 | 273,232,530 | 276,779,380 | −3,546,850 | 13.3 | 6% |
| 2023 | 233,567,722 | 237,053,577 | −3,485,855 | 15.9 | 8% |
In its most recent public year (2023), this organization spent $3,485,855 more than it brought in. Its reserves stood at about 15.9 months of spending, up from 13.2 in 2011. Staff pay was 8% 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
First Electric Cooperative Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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