Valley Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 60,614,143 | 66,173,534 | −5,559,391 | 4.3 | 0% |
| 2011 | 90,328 | 201,416 | −111,088 | 622.8 | 0% |
| 2012 | −1,587,081 | 549,984 | −2,137,065 | 42.8 | 0% |
| 2013 | 454 | 369,963 | −369,509 | 51.6 | 0% |
| 2014 | 89,821 | 332,231 | −242,410 | 44.8 | 5% |
| 2015 | 81,604 | 125,285 | −43,681 | 114.5 | 15% |
| 2016 | 82,223 | 291,180 | −208,957 | 6.6 | 2% |
| 2017 | 1,673 | 36,650 | −34,977 | 40.8 | 0% |
| 2018 | 5,950 | 34,160 | −28,210 | 33.9 | — |
| 2019 | 105 | 76,150 | −76,045 | 3.2 | — |
| 2020 | 0 | 650 | −650 | 364.3 | — |
| 2021 | 0 | 150 | −150 | 1566.8 | — |
| 2022 | 1 | 150 | −149 | 1554.9 | — |
| 2023 | 32 | 4,150 | −4,118 | 44.3 | — |
In its most recent public year (2023), this organization spent $4,118 more than it brought in. Its reserves stood at about 44.3 months of spending, up from 4.3 in 2010.
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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