New York Medical College Voluntary Employees Beneficiary Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 737,971 | 896,001 | −158,030 | 46.9 | 6% |
| 2020 | 746,108 | 1,108,490 | −362,382 | 34.0 | 5% |
| 2021 | 563,233 | 350,909 | 212,324 | 137.5 | 15% |
| 2022 | 414,512 | 577,298 | −162,786 | 69.1 | 9% |
| 2023 | 501,386 | 534,600 | −33,214 | 81.2 | 11% |
In its most recent public year (2023), this organization spent $33,214 more than it brought in. Its reserves stood at about 81.2 months of spending, up from 46.9 in 2019. Staff pay was 11% 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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