MUNICIPAL ELECTRIC ASSN OF MASSACHUSETTES INC

EIN: 042321706

Littleton, MA

Total Revenue
$315,957
Total Expenses
$234,777
Total Assets
$282,809
Net Assets
$298,131
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
MA
Principal Officer
Jane Parenteau
Phone
6038018450
Tax Period
2025-02-01 to 2026-01-31

MUNICIPAL ELECTRIC ASSN OF MASSACHUSETTES INC, founded in 1953, is a small nonprofit that reported $316K in total revenue in fiscal year 2025. The organization ran a surplus of $81K, a strong 26% operating margin.

Mission

Serve 40 municipal electric utilities by helping improve day to day management; undertaking a variety of salary and benefit surveys; helping to study power supply options; provide legal assistance in representation before the Mass. DPU, state legislature, and FERC regarding matters that may affect public power utilities; explore technology and alternative energy sources; promote energy conservation, sustainable energy and reduction of greenhouse gases.

Program Service Accomplishments

Program 1

Education of members in conservation, energy uses, procurement, green power, smart grid, natural gas, public records,

Program 2

Legislative changes, reviews and monitoring to benefit members' customers

Program 3

Education and training: Hold workshops and training sessions on energy conservation, energy waste, electric safety, public records, ethics, purchasing and other similar topics for municipal electric...

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Education and training: Hold workshops and training sessions on energy conservation, energy waste, electric safety, public records, ethics, purchasing and other similar topics for municipal electric systems.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $311,770
Program Service Revenue $0
Investment Income $4,187
Other Revenue $0
TOTAL REVENUE $315,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $234,777
TOTAL EXPENSES $234,777

Year-over-Year Comparison

2025 2024 Change
Revenue $315,957 N/A N/A
Expenses $234,777 N/A N/A
Net Income $81,180 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
40
Independent Members
40
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
0
$0
Key Employees
1
$36,167
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jane Parenteau Secretary Treasurer 8
Key Emp
$36,167 $0 $36,167
Tara Rondeau 1st Vice President 4
Officer
$0 $0 $0
Matt Brown Member at large 4
Officer
$0 $0 $0
Thomas Flaherty 2nd Vice President 4
Officer
$0 $0 $0
Kim Holmes Member at Large 4
Officer
$0 $0 $0
Joseph Sollecito President 4
Officer
$0 $0 $0
Peter Dion Past President 4
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2026 $315,957 $234,777 $282,809 $81,180
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