New Gloucester, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Technology Association of New England, founded in 1975, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.
The Association (TANE) is dedicated to being an educational platform for the regional membership. The objective is to bring the members together to collaborate on regulatory, legislative, operational, and technical challenges that face the rural broadband and telecommunications industry.
The TANE/NYSTA Issues Forum, held annually in February, provides a purpose of learning about national and regional issues that have an impact on the operations of its members. The venue's location...
The TANE/NYSTA Issues Forum, held annually in February, provides a purpose of learning about national and regional issues that have an impact on the operations of its members. The venue's location alternates between eastern New York and Central New England with TANE responsible for hosting on even years. The 2023 event was led by NYSTA in Saratoga New York February 2023 under the auspices of NYSTA via Zoom. The event includes the association's telco members, and associates (vendor communities) to attend as well. In 2023, registration was approximately 135 attendees.TANE hosts and annual Accounting and Finance seminar each year ( month might vary) that includes update on the latest accounting practices and provides the opportunity for CLE credits for our members. This is both in person and virtual and has approximately 25 attendees.TANE hosts an annual Spring Symposium in April that includes a speaker program and exhibitor showcase. This is geared toward the technical area of the business. This event averages approximately 140 attendees.TANE hosts an annual business meeting and convention each November. The event includes business meeting, speaker program along with an exhibitor showcase. This event averages approximately 100 attendees.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $248,574 | $201,116 | +0.2% |
| Expenses | $246,072 | $199,751 | +0.2% |
| Net Income | $2,502 | $1,365 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Suzanne Reed | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark DePerrior | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pamela Holley | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Brooks | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kimberly Gates | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Maureen Hopkins | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| April Metivier | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Roger Nishi | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Christian Rand | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Susan Rand-King | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Michael Reed | Executive Vice President | 25.00 |
Officer
|
$39,600 | $0 | $39,600 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $248,574 | $246,072 | $356,471 | $2,502 |
| 2023 | $201,116 | $199,751 | $302,844 | $1,365 |
| 2019 | $228,531 | $232,773 | $302,306 | $-4,242 |
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