Homer Electric Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,419,661 | 74,259,419 | 5,160,242 | 11.5 | 1% |
| 2012 | 83,381,774 | 78,396,514 | 4,985,260 | 11.4 | 1% |
| 2013 | 83,898,548 | 78,871,070 | 5,027,478 | 12.1 | 1% |
| 2014 | 93,757,799 | 90,828,462 | 2,929,337 | 10.9 | 1% |
| 2015 | 99,293,729 | 93,597,022 | 5,696,707 | 11.3 | 1% |
| 2016 | 99,500,150 | 92,715,302 | 6,784,848 | 12.2 | 1% |
| 2017 | 102,791,923 | 96,966,060 | 5,825,863 | 12.2 | 1% |
| 2018 | 98,969,959 | 95,319,527 | 3,650,432 | 12.7 | 1% |
| 2019 | 97,565,706 | 92,085,501 | 5,480,205 | 13.6 | 1% |
| 2020 | 115,948,240 | 100,811,706 | 15,136,534 | 13.7 | 1% |
| 2021 | 113,967,382 | 104,713,900 | 9,253,482 | 14.0 | 1% |
| 2022 | 105,957,011 | 103,729,655 | 2,227,356 | 14.1 | 1% |
| 2023 | 109,015,250 | 108,853,497 | 161,753 | 13.2 | 1% |
In its most recent public year (2023), this organization brought in $161,753 more than it spent. Its reserves stood at about 13.2 months of spending, up from 11.5 in 2011. Staff pay was 1% 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
Homer Electric 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