Magic Valley Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,725,042 | 201,725,042 | 0 | 9.4 | 4% |
| 2012 | 188,032,882 | 188,032,882 | 0 | 11.1 | 4% |
| 2013 | 201,907,179 | 201,907,179 | 0 | 11.3 | 4% |
| 2014 | 222,454,007 | 222,454,007 | 0 | 11.3 | 4% |
| 2015 | 211,832,827 | 211,832,827 | 0 | 12.7 | 4% |
| 2016 | 216,371,406 | 216,371,406 | 0 | 13.2 | 5% |
| 2017 | 221,769,655 | 221,663,656 | 105,999 | 13.5 | 5% |
| 2018 | 235,832,800 | 235,643,800 | 189,000 | 13.4 | 5% |
| 2019 | 237,932,929 | 237,982,929 | −50,000 | 14.1 | 5% |
| 2020 | 240,913,863 | 240,686,863 | 227,000 | 14.3 | 6% |
| 2021 | 266,758,522 | 266,721,522 | 37,000 | 13.4 | 5% |
| 2022 | 320,139,415 | 320,112,415 | 27,000 | 11.7 | 4% |
| 2023 | 311,413,338 | 311,236,338 | 177,000 | 12.8 | 5% |
In its most recent public year (2023), this organization brought in $177,000 more than it spent. Its reserves stood at about 12.8 months of spending, up from 9.4 in 2011. Staff pay was 5% 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
Magic Valley Electric Cooperative Inc'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