Maine Association Of Retirees Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 300,372 | 312,971 | −12,599 | 17.8 | 52% |
| 2012 | 300,774 | 319,791 | −19,017 | 16.7 | 52% |
| 2013 | 306,507 | 306,074 | 433 | 17.5 | 54% |
| 2014 | 353,768 | 308,510 | 45,258 | 19.5 | 53% |
| 2015 | 354,388 | 313,378 | 41,010 | 20.8 | 47% |
| 2016 | 363,387 | 315,413 | 47,974 | 22.4 | 51% |
| 2017 | 343,149 | 310,707 | 32,442 | 24.0 | 50% |
| 2018 | 335,142 | 283,155 | 51,987 | 28.6 | 47% |
| 2019 | 404,350 | 326,148 | 78,202 | 27.7 | 51% |
| 2020 | 425,289 | 334,770 | 90,519 | 30.2 | 59% |
| 2021 | 430,998 | 326,737 | 104,261 | 34.8 | 64% |
| 2022 | 406,141 | 380,870 | 25,271 | 30.6 | 58% |
| 2023 | 400,771 | 358,529 | 42,242 | 34.0 | 56% |
In its most recent public year (2023), this organization brought in $42,242 more than it spent. Its reserves stood at about 34 months of spending, up from 17.8 in 2011. Staff pay was 56% 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
Maine Association Of Retirees 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