Lane Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,916,525 | 21,692,075 | 224,450 | 12.0 | 2% |
| 2012 | 21,726,903 | 21,515,910 | 210,993 | 12.3 | 2% |
| 2013 | 22,245,263 | 21,966,521 | 278,742 | 12.3 | 3% |
| 2014 | 22,618,555 | 22,358,199 | 260,356 | 12.9 | 3% |
| 2015 | 23,151,246 | 22,970,146 | 181,100 | 13.2 | 2% |
| 2016 | 24,833,719 | 24,640,686 | 193,033 | 13.5 | 2% |
| 2017 | 26,850,663 | 26,547,149 | 303,514 | 13.5 | 2% |
| 2018 | 26,163,511 | 25,868,219 | 295,292 | 14.1 | 2% |
| 2019 | 27,228,749 | 26,953,887 | 274,862 | 14.1 | 1% |
| 2020 | 27,715,478 | 27,406,733 | 308,745 | 15.0 | 3% |
| 2021 | 28,132,650 | 27,852,334 | 280,316 | 15.6 | 2% |
| 2022 | 29,293,150 | 28,985,238 | 307,912 | 15.9 | 6% |
| 2023 | 28,802,287 | 28,636,397 | 165,890 | 16.0 | 2% |
In its most recent public year (2023), this organization brought in $165,890 more than it spent. Its reserves stood at about 16 months of spending, up from 12 in 2011. Staff pay was 2% 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
Lane 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