Life Insurance Association Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 878,260 | 811,186 | 67,074 | 0.3 | 66% |
| 2012 | 879,280 | 815,931 | 63,349 | 1.2 | 68% |
| 2013 | 837,280 | 800,153 | 37,127 | 1.8 | 65% |
| 2014 | 850,480 | 791,149 | 59,331 | 2.7 | 65% |
| 2015 | 850,480 | 826,454 | 24,026 | 2.9 | 65% |
| 2016 | 850,487 | 844,697 | 5,790 | 2.9 | 66% |
| 2017 | 819,178 | 906,237 | −87,059 | 1.6 | 65% |
| 2018 | 849,045 | 848,324 | 721 | 1.7 | 60% |
| 2019 | 820,847 | 873,640 | −52,793 | 0.9 | 61% |
| 2020 | 962,468 | 848,965 | 113,503 | 2.6 | 62% |
| 2021 | 1,177,833 | 837,453 | 340,380 | 7.5 | 61% |
| 2022 | 954,019 | 945,214 | 8,805 | 6.7 | 66% |
| 2023 | 937,960 | 934,805 | 3,155 | 1.9 | 61% |
In its most recent public year (2023), this organization brought in $3,155 more than it spent. Its reserves stood at about 1.9 months of spending, up from 0.3 in 2011. Staff pay was 61% 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
Life Insurance Association Of Massachusetts Inc'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