Lincoln Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,664,173 | 8,164,449 | 499,724 | 11.6 | 5% |
| 2012 | 9,022,690 | 8,710,283 | 312,407 | 11.3 | 4% |
| 2013 | 9,756,433 | 9,212,265 | 544,168 | 11.4 | 4% |
| 2014 | 9,785,136 | 9,790,809 | −5,673 | 10.7 | 5% |
| 2015 | 9,739,869 | 9,354,678 | 385,191 | 11.7 | 5% |
| 2016 | 9,966,615 | 9,800,770 | 165,845 | 11.3 | 7% |
| 2017 | 11,090,771 | 10,972,516 | 118,255 | 10.3 | 7% |
| 2018 | 11,425,204 | 11,107,730 | 317,474 | 10.5 | 18% |
| 2019 | 11,872,869 | 11,404,608 | 468,261 | 10.4 | 18% |
| 2020 | 13,496,900 | 12,393,780 | 1,103,120 | 10.5 | 21% |
| 2021 | 13,555,584 | 12,038,857 | 1,516,727 | 12.4 | 19% |
| 2022 | 14,792,877 | 13,616,655 | 1,176,222 | 12.0 | 23% |
| 2023 | 15,263,041 | 14,053,592 | 1,209,449 | 12.6 | 27% |
In its most recent public year (2023), this organization brought in $1,209,449 more than it spent. Its reserves stood at about 12.6 months of spending. Staff pay was 27% 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
Lincoln 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