AUGUSTA, ME
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)INDUSTRIAL ENERGY CONSUMER GROUP, founded in 1998, is a small nonprofit that reported $431K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $165K, a strong 38% operating margin.
THE ASSOCIATION CONDUCTS BUSINESS AS A TRADE ASSOCIATION DESIGNED TO PROMOTE ITS MEMBERS' INTERESTS IN INDUSTRIAL ENERGY SUPPLY, SERVICE AND RATE MAKING IN THE SHORT AND LONG TERMS. ITS MEMBERS CONSIST OF INDUSTRIAL ENERGY CONSUMERS IN THE STATE OF MAINE. THE MEMBERS' INTERESTS ARE DIVIDED INTO THREE BASIC AREAS OF ACTIVITY, THE PUBLIC UTILITIES, THE LEGISLATIVE AND INFORMATION ARENAS. THE ASSOCIATION INTERACTS WITH MAINE PUBLIC UTILITIES TO PROVIDE ITS MEMBERS WITH REASONABLE AND STABLE UTILITY RATES AND IMPROVED CUSTOMER SERVICE AND SUPPORT FROM MAINE PUBLIC UTILITIES. THE ASSOCIATION REPRESENTS ITS MEMBERS' COLLECTIVE INTERESTS BEFORE LEGISLATORS AND REGULATORY COMMISSIONS. NEW LEGISLATIVE INITIATIVES UNDER CONSIDERATION IN THE MAINE LEGISLATURE ARE ANALYZED FOR THEIR IMPACT ON THE MEMBERS. THE RESULTS OF THESE ANALYSES ARE USED TO SUPPORT, OPPOSE AND/OR REVISE SUCH LEGISLATION SO THAT THE ASSOCIATION MEMBERS' INTERESTS IN AFFORDABLE ENERGY AND PRODUCTIVE ENERGY SERVICES ARE MAINTAI
THE ASSOCIATION CONDUCTS BUSINESS AS A TRADE ASSOCIATION DESIGNED TO PROMOTE ITS MEMBERS' INTERESTS IN INDUSTRIAL ENERGY SUPPLY, SERVICE AND RATE MAKING IN THE SHORT AND LONG TERMS. ITS MEMBERS...
THE ASSOCIATION CONDUCTS BUSINESS AS A TRADE ASSOCIATION DESIGNED TO PROMOTE ITS MEMBERS' INTERESTS IN INDUSTRIAL ENERGY SUPPLY, SERVICE AND RATE MAKING IN THE SHORT AND LONG TERMS. ITS MEMBERS CONSIST OF INDUSTRIAL ENERGY CONSUMERS IN THE STATE OF MAINE. THE MEMBERS' INTERESTS ARE DIVIDED INTO THREE BASIC AREAS OF ACTIVITY, THE PUBLIC UTILITIES, THE LEGISLATIVE AND INFORMATION ARENAS. THE ASSOCIATION INTERACTS WITH MAINE PUBLIC UTILITIES TO PROVIDE ITS MEMBERS WITH REASONABLE AND STABLE UTILITY RATES AND IMPROVED CUSTOMER SERVICE AND SUPPORT FROM MAINE PUBLIC UTILITIES. THE ASSOCIATION REPRESENTS ITS MEMBERS' COLLECTIVE INTERESTS BEFORE LEGISLATORS AND REGULATORY COMMISSIONS. NEW LEGISLATIVE INITIATIVES UNDER CONSIDERATION IN THE MAINE LEGISLATURE ARE ANALYZED FOR THEIR IMPACT ON THE MEMBERS. THE RESULTS OF THESE ANALYSES ARE USED TO SUPPORT, OPPOSE AND/OR REVISE SUCH LEGISLATION SO THAT THE ASSOCIATION MEMBERS' INTERESTS IN AFFORDABLE ENERGY AND PRODUCTIVE ENERGY SERVICES ARE MAINTAINED OR ENHANCED. IN ADDITION, THE ASSOCIATION REGULARLY APPEARS BEFORE THE MAINE PUBLIC UTILITIES COMMISSION AND LEGISLATURE FOR THE PURPOSE OF MAKING RECOMMENDATIONS AS TO ENERGY RATE MAKING. FINALLY, THE ASSOCIATION GATHERS, ANALYZES AND DISSEMINATES INFORMATION RELATED TO INDUSTRIAL ENERGY SUPPLY AND UTILIZATION. SUCH ACTIVITIES ARE CONDUCTED AT THE MACRO AND MICRO LEVELS DEPENDING ON THE MEMBERS NEEDS. INFORMATION AS TO RATE STRUCTURES, UTILITY LOAD DISTRIBUTION, POWER SUPPLY AND GROWTH IN POWER SUPPLIES ARE TYPICAL OF THE INFORMATION TRACKED BY THE ASSOCIATION. THIS INFORMATION IS USED BY THE ASSOCIATION MEMBERS ON THE MACRO LEVEL FOR PLANNING WITH RESPECT TO INDUSTRIAL TRENDS AND INDIVIDUAL MEMBER APPEARANCES BEFORE THE MAINE PUBLIC UTILITIES COMMISSION AND OTHER REGULATING BODIES. THE ASSOCIATION MEMBERS USE THE INFORMATION PROVIDED BY THE ASSOCIATION ON A MICRO LEVEL FOR THE PURPOSES OF STRATEGIC PLANNING AND DAY-TO-DAY BUSINESS DECISIONS WITH RESPECT TO ENERGY USAGE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $430,945 | $454,852 | -0.1% |
| Expenses | $266,304 | $425,779 | -0.4% |
| Net Income | $164,641 | $29,073 | +4.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROBERT DORKO | PRESIDENT | 5.00 |
Officer
|
$0 | $0 | $0 |
| PAUL SERBENT | VICE PRESIDE | 5.00 |
Officer
|
$0 | $0 | $0 |
| JOEL PIKE | SEC & TREASU | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $430,945 | $266,304 | $221,248 | $164,641 |
| 2023 | $454,852 | $425,779 | $56,607 | $29,073 |
| 2022 | $637,659 | $683,606 | $27,534 | $-45,947 |
| 2021 | $716,222 | $649,308 | $73,481 | $66,914 |
| 2020 | $1,236,304 | $1,235,134 | $6,567 | $1,170 |
| 2019 | $1,525,003 | $1,524,744 | $5,397 | $259 |
| 2018 | $1,009,973 | $1,010,940 | $5,138 | $-967 |
Compare INDUSTRIAL ENERGY CONSUMER GROUP with other nonprofits in Maine and across the country.