Maine Real Estate Development Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 464,687 | 468,212 | −3,525 | 7.9 | 27% |
| 2021 | 392,302 | 428,266 | −35,964 | 7.7 | 24% |
| 2022 | 488,287 | 442,004 | 46,283 | 8.7 | 24% |
| 2023 | 640,845 | 606,058 | 34,787 | 7.0 | 20% |
In its most recent public year (2023), this organization brought in $34,787 more than it spent. Its reserves stood at about 7 months of spending. Staff pay was 20% 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
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