Eastern Maine Electric Cooperative INC
Calais, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $17,279,980↑2% | $17,279,980↑2% | $53,940,615↑3% | — |
| 2022 | $16,866,575↑3% | $16,866,575↑3% | $52,505,943↑6% | — |
| 2021 | $16,418,871↓4% | $16,418,871↓4% | $49,482,318↑12% | — |
| 2020 | $17,054,169↑4% | $17,054,169↑4% | $44,341,885↓6% | — |
| 2019 | $16,344,174↑2% | $16,344,174↑2% | $47,261,635 | — |
| 2018 | $16,018,721↓1% | $16,018,721↓1% | $47,109,596↑3% | — |
| 2017 | $16,128,926↑4% | $16,128,926↑4% | $45,959,786↑17% | — |
| 2016 | $15,549,792↓2% | $15,549,792↓2% | $39,367,859 | — |
| 2015 | $15,821,318↑5% | $15,821,318↑5% | $39,372,255 | — |
| 2014 | $15,089,966 | $15,089,966 | $39,234,376↑5% | — |
| 2013 | $15,024,960↓3% | $15,024,960↓3% | $37,224,678↑2% | — |
| 2012 | $15,467,037↑4% | $15,467,037↑4% | $36,551,179↑1% | — |
| 2011 | $14,937,391 | $14,937,391 | $36,044,006 | — |
Frequently Asked Questions
What does Eastern Maine Electric Cooperative INC do?▼
Eastern Maine Electric Cooperative INC is a unclassified nonprofit organization based in Maine. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Eastern Maine Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Eastern Maine Electric Cooperative INC has a score of 49/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Eastern Maine Electric Cooperative INC generate?▼
Eastern Maine Electric Cooperative INC reports $18.4M in annual revenue and holds $54.8M in total assets, based on IRS filings.
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