Vermont Energy Investment Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 121,662,420 | 116,957,963 | 4,704,457 | 2.1 | 21% |
| 2021 | 94,935,292 | 90,928,851 | 4,006,441 | 3.2 | 28% |
| 2022 | 108,745,667 | 106,290,392 | 2,455,275 | 3.0 | 29% |
| 2023 | 123,099,830 | 121,025,310 | 2,074,520 | 2.9 | 29% |
In its most recent public year (2023), this organization brought in $2,074,520 more than it spent. Its reserves stood at about 2.9 months of spending. Staff pay was 29% 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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