South Texas Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 325,617,891 | 333,652,429 | −8,034,538 | 5.1 | 2% |
| 2012 | 326,199,171 | 335,120,308 | −8,921,137 | 5.9 | 3% |
| 2013 | 365,505,678 | 382,620,118 | −17,114,440 | 5.7 | 2% |
| 2014 | 443,509,741 | 476,304,800 | −32,795,059 | 5.4 | 2% |
| 2015 | 420,632,811 | 490,650,084 | −70,017,273 | 6.0 | 2% |
| 2016 | 455,799,361 | 495,552,218 | −39,752,857 | 6.5 | 3% |
| 2017 | 499,920,178 | 551,096,386 | −51,176,208 | 6.4 | 4% |
| 2018 | 529,040,851 | 579,168,237 | −50,127,386 | 6.8 | 4% |
| 2019 | 525,803,887 | 576,612,564 | −50,808,677 | 7.6 | 5% |
| 2020 | 509,268,124 | 548,662,853 | −39,394,729 | 8.6 | 3% |
| 2021 | 553,923,230 | 574,304,021 | −20,380,791 | 8.6 | 4% |
| 2022 | 742,444,236 | 755,296,598 | −12,852,362 | 7.0 | 3% |
| 2023 | 688,786,888 | 695,526,145 | −6,739,257 | 8.9 | 3% |
In its most recent public year (2023), this organization spent $6,739,257 more than it brought in. Its reserves stood at about 8.9 months of spending, up from 5.1 in 2011. Staff pay was 3% 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
South Texas 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