Salem Electric
Salem, Oregon
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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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