Correction Officers Benevolent Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,862,195 | 7,565,191 | 2,297,004 | 18.1 | 19% |
| 2012 | 9,637,655 | 9,391,884 | 245,771 | 14.9 | 20% |
| 2013 | 10,101,539 | 9,859,482 | 242,057 | 14.5 | 22% |
| 2014 | 10,688,368 | 10,780,742 | −92,374 | 13.2 | 24% |
| 2015 | 10,297,063 | 12,400,077 | −2,103,014 | 9.9 | 21% |
| 2016 | 10,895,790 | 12,632,986 | −1,737,196 | 3.4 | 23% |
| 2017 | 11,758,930 | 10,885,411 | 873,519 | 5.0 | 24% |
| 2018 | 12,434,076 | 12,016,393 | 417,683 | 4.9 | 24% |
| 2019 | 12,014,888 | 10,633,758 | 1,381,130 | 7.1 | 28% |
| 2020 | 11,173,576 | 10,451,087 | 722,489 | 8.1 | 28% |
| 2021 | 10,149,949 | 8,850,811 | 1,299,138 | 11.3 | 33% |
| 2022 | 9,267,660 | 9,040,429 | 227,231 | 11.4 | 30% |
| 2023 | 6,922,585 | 7,972,772 | −1,050,187 | 11.3 | 32% |
In its most recent public year (2023), this organization spent $1,050,187 more than it brought in. Its reserves stood at about 11.3 months of spending, down from 18.1 in 2011. Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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