Maine Life And Health Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 395,922 | 207,162 | 188,760 | 36.5 | 0% |
| 2012 | 1,039 | 221,110 | −220,071 | 22.3 | — |
| 2013 | 1,801,406 | 1,480,773 | 320,633 | 5.9 | 0% |
| 2014 | 39,610 | 202,773 | −163,163 | 33.6 | 0% |
| 2015 | 435,855 | 214,515 | 221,340 | 44.2 | 0% |
| 2016 | 386 | 205,876 | −205,490 | 34.0 | 0% |
| 2017 | 1,004,499 | 764,942 | 239,557 | 12.9 | 0% |
| 2018 | 1,945 | 230,323 | −228,378 | 31.0 | 0% |
| 2019 | 455,802 | 232,100 | 223,702 | 42.3 | 0% |
| 2020 | 3,554 | 241,184 | −237,630 | 28.9 | 0% |
| 2021 | 806,595 | 248,743 | 557,852 | 55.0 | 0% |
| 2022 | 6,445 | 235,446 | −229,001 | 46.4 | 0% |
| 2023 | 721,962 | 251,946 | 470,016 | 65.7 | 0% |
In its most recent public year (2023), this organization brought in $470,016 more than it spent. Its reserves stood at about 65.7 months of spending, up from 36.5 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works