Massachusetts Electrical Contractors Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 461,475 | 195,849 | 265,626 | 22.6 | 54% |
| 2021 | 78,767 | 202,908 | −124,141 | 14.5 | 51% |
| 2022 | 272,400 | 262,130 | 10,270 | 11.7 | 46% |
| 2023 | 581,694 | 277,351 | 304,343 | 24.2 | 46% |
In its most recent public year (2023), this organization brought in $304,343 more than it spent. Its reserves stood at about 24.2 months of spending, up from 22.6 in 2020. Staff pay was 46% 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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