Operating record

Northeast Energy And Commerce Association Inc

Needham, MA · EIN 04-2974993 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$250,443$278,002−$27,55911.658%
2021$348,516$276,079$72,43714.851%
2022$317,476$302,312$15,16414.151%
2023$399,794$367,857$31,93712.744%

In its most recent public year (2023), this organization brought in $31,937 more than it spent. Its reserves stood at about 12.7 months of spending, up from 11.6 in 2020. Staff pay was 44% 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 ↗