Middlesex Water Company Voluntaryemployee Beneficiary Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,167,875 | 1,505 | 1,166,370 | 24702.3 | 0% |
| 2012 | 1,641,510 | 22,072 | 1,619,438 | 2564.7 | 93% |
| 2013 | 1,786,962 | 30,402 | 1,756,560 | 2556.3 | 93% |
| 2014 | 1,272,434 | 31,459 | 1,240,975 | 2944.3 | 91% |
| 2015 | 1,578,304 | 37,074 | 1,541,230 | 2998.2 | 90% |
| 2016 | 1,305,270 | 44,030 | 1,261,240 | 2866.7 | 90% |
| 2017 | 1,606,678 | 69,089 | 1,537,589 | 2093.9 | 88% |
| 2018 | 1,683,094 | 90,757 | 1,592,337 | 1804.4 | 87% |
| 2019 | 3,299,640 | 1,396,045 | 1,903,595 | 133.7 | 6% |
| 2020 | 1,372,915 | 90,251 | 1,282,664 | 2240.3 | 93% |
| 2021 | 5,320,240 | 143,277 | 5,176,963 | 1843.8 | 96% |
| 2022 | 2,091,206 | 125,637 | 1,965,569 | 2288.5 | 95% |
| 2023 | 2,406,776 | 162,444 | 2,244,332 | 1935.9 | 92% |
In its most recent public year (2023), this organization brought in $2,244,332 more than it spent. Its reserves stood at about 1935.9 months of spending, down from 24702.3 in 2011. Staff pay was 92% 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
Middlesex Water Company Voluntaryemployee Beneficiary 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