NORTHEAST CONSUMER'S ELECTRIC SYSTEMS ASSOCIATION INC (EIN 042440855) - Form 990 Financial Analysis & Trantor Score

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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

1965

Legal Domicile

Principal Officer

MICHAEL HYLAND

Phone

9785402200

Tax Period

2023-01-01 to 2023-12-31

NORTHEAST CONSUMER'S ELECTRIC SYSTEMS ASSOCIATION INC, founded in 1965, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.0M left a modest 5% surplus.

Mission

TO DEVELOP AND UNITE PUBLIC UTILITY PROFESSIONALS BY ADVANCING THEIR KNOWLEDGE, CAPABILITIES, AND VOICE IN THE INDUSTRY AND WORKPLACE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $901,169

Program Service Revenue $2,222,805

Investment Income $20,060

Other Revenue $24,869

TOTAL REVENUE $3,168,903

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,456,084

Fundraising Expenses $0

Other Expenses $1,550,312

TOTAL EXPENSES $3,006,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,168,903	$2,895,739	+0.1%
Expenses	$3,006,396	$2,708,688	+0.1%
Net Income	$162,507	$187,051	-0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$257,604

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HYLAND	EXECUTIVE DI	37.50	Officer	$221,437	$36,167	$257,604
N/A	DIRECTOR OF	37.50	Highest	$104,927	$29,622	$134,549
WILLIAM HESSON	TRAINER	16.67	Highest	$114,399	$0	$114,399
MARK BIRON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BOTTIGGI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CLOUTIER	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHAN ELWELL	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN FITCH	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT HALLOWELL	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HENDERSHOT	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY HOLMES	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
PENNY JONES	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES LAVELLE	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS LAWLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
SEAN MCKEON	DIRECTOR	1.00	Director	$0	$0	$0
KEN NOLAN	SECOND VICE	1.00	Officer Director	$0	$0	$0
LYNN PARADIS	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE PRATT	DIRECTOR	1.00	Director	$0	$0	$0
GREG SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH STONE	DIRECTOR	1.00	Director	$0	$0	$0
PANOS TOKADJIAN	DIRECTOR	1.00	Director	$0	$0	$0
BARRY TUPPER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN TZIMORANGAS	FIRST VICE P	1.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$3,168,903	$3,006,396	$4,180,828	$162,507
2022	$2,895,739	$2,708,688	$3,927,961	$187,051
2021	$2,606,605	$2,384,806	$3,141,643	$221,799
2020	$2,269,977	$2,202,069	$2,811,771	$67,908
2019	$2,621,215	$2,708,841	$2,643,255	$-87,626
2018	$2,408,738	$2,275,278	$2,482,875	$133,460

NORTHEAST CONSUMER'S ELECTRIC SYSTEMS ASSOCIATION INC