nonprofit · EIN 63-0049012 · AL
How much does Coosa Valley Electric Cooperative Inc raise and spend?
Coosa Valley Electric Cooperative Inc (AL, EIN 63-0049012) reported $60.5M in revenue and $60.5M in expenses for tax year 2024, with $71.0M in net assets (14.1 months of reserves). By expenses that ranks 3,992 of 391,588 e-filers, 36 of 4,677 nonprofits in alabama.
What stands out
Coosa Valley Electric Cooperative Inc (AL, EIN 63-0049012) reported $60.5M in revenue and $60.5M in expenses for tax year 2024, with $71.0M in net assets (14.1 months of reserves). By expenses that ranks 3,992 of 391,588 e-filers, 36 of 4,677 nonprofits in alabama. Against nonprofits with $10M-$100M in expenses: months of reserves 14.1 months, above the peer median of 9.5 months; officer compensation share of expenses 1.2%, below the peer median of 2.6%; contributions share of revenue 0.0%, below the peer median of 12.5%; surplus margin 0.0%, below the peer median of 2.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $60.5M | — | $21.4M | $198.5k |
| Total expenses | $60.5M | — | $20.3M | $179.6k |
| Total assets | $214.1M | — | $29.5M | $761.5k |
| Net assets | $71.0M | — | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $697.9k | — | $625.8k | $114.3k |
| Program service revenue share | 89.1% | — | 73.7% | 13.4% |
| Contributions share of revenue | 0.0% | — | 12.5% | 55.6% |
| Officer compensation share of expenses | 1.2% | — | 2.6% | 6.6% |
| Months of reserves | 14.1 months | — | 9.5 months | 12.4 months |
| Surplus margin | 0.0% | — | 2.1% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $60.5M | $60.5M | $71.0M | 14.1 months | $697.9k | 3,992 |
| 2023 | $58.0M | $58.0M | $66.5M | 13.8 months | $604.5k | 6,922 |
| 2022 | $50.1M | $50.1M | $57.7M | 13.8 months | $552.7k | 7,155 |
| 2020 | $41.1M | $41.1M | $51.4M | 15.0 months | $598.0k | 7,611 |
| 2019 | $42.3M | $42.3M | $49.6M | 14.1 months | $570.0k | 7,130 |
| 2018 | $42.5M | $42.5M | $47.1M | 13.3 months | $557.5k | 6,485 |
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