Medina Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,787,479 | 67,812,338 | −24,859 | 9.0 | 8% |
| 2012 | 69,958,569 | 68,187,984 | 1,770,585 | 10.3 | 8% |
| 2013 | 81,175,949 | 79,361,948 | 1,814,001 | 10.0 | 8% |
| 2014 | 99,520,128 | 99,953,530 | −433,402 | 8.7 | 6% |
| 2015 | 97,623,102 | 96,564,414 | 1,058,688 | 10.0 | 7% |
| 2016 | 102,489,576 | 101,896,733 | 592,843 | 10.5 | 7% |
| 2017 | 112,306,608 | 111,642,338 | 664,270 | 10.6 | 7% |
| 2018 | 128,069,415 | 127,292,439 | 776,976 | 9.7 | 6% |
| 2019 | 133,951,852 | 133,287,529 | 664,323 | 10.2 | 6% |
| 2020 | 130,288,604 | 130,629,389 | −340,785 | 11.2 | 7% |
| 2021 | 130,747,216 | 130,962,649 | −215,433 | 11.6 | 8% |
| 2022 | 157,652,712 | 157,041,962 | 610,750 | 9.8 | 6% |
| 2023 | 160,596,404 | 161,094,458 | −498,054 | 10.5 | 7% |
In its most recent public year (2023), this organization spent $498,054 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 9 in 2011. Staff pay was 7% 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
Medina 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