Eastern Maine Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,054,169 | 17,054,169 | 0 | 9.9 | 14% |
| 2021 | 16,418,871 | 16,418,871 | 0 | 10.7 | 14% |
| 2022 | 16,866,575 | 16,866,575 | 0 | 10.5 | 15% |
| 2023 | 17,279,980 | 17,279,980 | 0 | 10.3 | 15% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 10.3 months of spending. Staff pay was 15% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works