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Maine State Employees Assoc Income Protection Plan & Trust Agreement

Augusta, ME / EIN 22-2553196 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20112,478,4892,180,896297,59331.90%
20122,356,1902,190,847165,34332.90%
20132,259,4682,026,514232,95435.90%
20142,134,6211,894,591240,03039.60%
20152,314,7631,806,885507,87844.60%
20162,217,0372,183,34233,69537.30%
20172,186,7042,015,965170,73941.20%
20181,995,5211,805,908189,61346.70%
20191,871,2171,873,351−2,13446.70%
20201,947,4301,689,227258,20355.10%
20211,941,8401,768,040173,80054.10%
20221,759,0211,794,692−35,67148.90%
20231,730,6691,909,222−178,55344.60%

In its most recent public year (2023), this organization spent $178,553 more than it brought in. Its reserves stood at about 44.6 months of spending, up from 31.9 in 2011. Staff pay was 0% 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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