Farmers Electric Cooperative Inc Of New Mexico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,474,958 | 37,474,958 | 0 | 11.1 | 6% |
| 2012 | 35,673,656 | 35,673,656 | 0 | 12.6 | 6% |
| 2013 | 37,346,258 | 37,346,258 | 0 | 12.7 | 6% |
| 2014 | 38,116,789 | 37,379,077 | 737,712 | 13.3 | 7% |
| 2015 | 34,530,725 | 34,297,816 | 232,909 | 15.0 | 8% |
| 2016 | 36,553,910 | 36,005,294 | 548,616 | 15.4 | 8% |
| 2017 | 36,952,111 | 36,148,163 | 803,948 | 16.3 | 8% |
| 2018 | 38,327,411 | 37,862,370 | 465,041 | 16.7 | 8% |
| 2019 | 36,959,911 | 37,182,341 | −222,430 | 17.4 | 9% |
| 2020 | 40,269,820 | 40,221,183 | 48,637 | 16.4 | 8% |
| 2021 | 42,708,107 | 42,053,021 | 655,086 | 16.2 | 8% |
| 2022 | 47,264,526 | 46,762,466 | 502,060 | 14.7 | 8% |
| 2023 | 42,596,016 | 42,425,385 | 170,631 | 17.1 | 8% |
In its most recent public year (2023), this organization brought in $170,631 more than it spent. Its reserves stood at about 17.1 months of spending, up from 11.1 in 2011. Staff pay was 8% 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
Farmers Electric Cooperative Inc Of New Mexico'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