Z — UnclassifiedEIN: 930272945

Salem Electric

Salem, Oregon

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.78×
Peer Median5.86×
💰
$34.0M
Total Revenue
📊
$34.0M
Total Expenses
🏦
$60.7M
Net Assets
📋
$18.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.6%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.78
Net assets divided by total expenses
Liabilities-to-Assets
23.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,024,045↑3%$34,024,045↑3%$78,984,400↑6%
2022$33,158,579↑7%$33,158,579↑7%$74,755,848↑5%
2021$31,105,436↑1%$31,105,436↑1%$70,962,090↑3%
2020$30,695,715↑6%$30,695,715↑6%$68,651,038↑6%
2019$28,823,996↑1%$28,823,996↑1%$64,567,988↑1%
2018$28,407,393↓4%$28,407,393↓4%$63,838,786↑4%
2017$29,476,954↑5%$29,476,954↑5%$61,464,438↑8%
2016$28,112,328↑8%$28,112,328↑8%$57,114,664↑3%
2015$26,123,164$26,123,164$55,686,485↑2%
2014$26,155,331↑2%$26,155,331↑2%$54,712,509↑2%
2013$25,615,660↑3%$25,615,660↑3%$53,464,604↑4%
2012$24,832,971↑7%$24,832,971↑7%$51,572,038↑4%
2011$23,252,829$23,252,829$49,535,667

Frequently Asked Questions

What does Salem Electric do?▼

Salem Electric is a unclassified nonprofit organization based in Oregon. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Salem Electric financially healthy?▼

Based on our 9-metric Financial Health Score model, Salem Electric has a score of 59/100 (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 Salem Electric generate?▼

Salem Electric reports $34.4M in annual revenue and holds $81.2M in total assets, based on IRS filings.

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