Maine Self Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,290 | 60,172 | 21,118 | 927.8 | 0% |
| 2012 | 58,879 | 88,000 | −29,121 | 630.4 | 0% |
| 2013 | 154,490 | 207,882 | −53,392 | 263.8 | 0% |
| 2014 | 197,216 | 195,289 | 1,927 | 280.9 | 0% |
| 2015 | 176,454 | 202,571 | −26,117 | 269.3 | 0% |
| 2016 | 208,928 | 218,924 | −9,996 | 251.7 | 0% |
| 2017 | 163,924 | 210,250 | −46,326 | 259.4 | 0% |
| 2018 | 166,119 | 185,174 | −19,055 | 293.3 | 0% |
| 2019 | 281,925 | 200,357 | 81,568 | 276.0 | 0% |
| 2020 | 201,058 | 200,171 | 887 | 281.5 | 0% |
| 2021 | 175,988 | 187,069 | −11,081 | 294.1 | 0% |
| 2022 | 159,277 | 185,982 | −26,705 | 280.8 | 27% |
| 2023 | 174,637 | 207,805 | −33,168 | 254.4 | 25% |
In its most recent public year (2023), this organization spent $33,168 more than it brought in. Its reserves stood at about 254.4 months of spending, down from 927.8 in 2011. Staff pay was 25% 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 Self Insurance Guaranty Association'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