New Mexico Rural Electrification Cooperative Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,672,261 | 1,711,198 | −38,937 | 2.8 | 36% |
| 2012 | 1,788,418 | 1,771,026 | 17,392 | 2.8 | 37% |
| 2013 | 1,834,125 | 1,767,041 | 67,084 | 3.3 | 38% |
| 2014 | 1,816,352 | 1,794,053 | 22,299 | 3.4 | 36% |
| 2015 | 1,837,765 | 1,920,458 | −82,693 | 2.6 | 36% |
| 2016 | 2,020,901 | 1,956,425 | 64,476 | 3.0 | 38% |
| 2017 | 1,873,774 | 1,906,775 | −33,001 | 2.9 | 41% |
| 2018 | 1,950,988 | 1,930,290 | 20,698 | 2.9 | 41% |
| 2019 | 1,900,051 | 1,929,329 | −29,278 | 2.8 | 41% |
| 2020 | 1,904,194 | 1,861,848 | 42,346 | 3.1 | 40% |
| 2021 | 1,814,637 | 1,778,721 | 35,916 | 3.5 | 33% |
| 2022 | 2,014,147 | 2,207,785 | −193,638 | 1.8 | 30% |
| 2023 | 2,318,252 | 2,340,724 | −22,472 | 1.6 | 31% |
In its most recent public year (2023), this organization spent $22,472 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 2.8 in 2011. Staff pay was 31% 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
New Mexico Rural Electrification Cooperative Association 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