Salmon River Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,378,886 | 7,144,992 | 233,894 | 20.4 | 19% |
| 2021 | 7,043,358 | 7,090,414 | −47,056 | 20.7 | 20% |
| 2022 | 7,462,144 | 7,193,194 | 268,950 | 21.3 | 20% |
| 2023 | 8,042,462 | 7,654,960 | 387,502 | 21.8 | 22% |
In its most recent public year (2023), this organization brought in $387,502 more than it spent. Its reserves stood at about 21.8 months of spending, up from 20.4 in 2020. Staff pay was 22% 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
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