Correction Officers Benevolent Association Security Benefits
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,249,564 | 15,178,469 | 71,095 | 9.9 | 0% |
| 2012 | 15,302,045 | 14,488,105 | 813,940 | 11.0 | 0% |
| 2013 | 16,343,062 | 15,604,201 | 738,861 | 10.8 | 0% |
| 2014 | 16,327,671 | 15,983,421 | 344,250 | 10.8 | 0% |
| 2015 | 16,255,305 | 16,844,490 | −589,185 | 9.8 | 0% |
| 2016 | 17,789,735 | 18,024,170 | −234,435 | 9.0 | 0% |
| 2017 | 18,641,854 | 18,150,270 | 491,584 | 9.3 | 0% |
| 2018 | 20,164,576 | 19,072,190 | 1,092,386 | 9.5 | 0% |
| 2019 | 20,631,788 | 18,413,853 | 2,217,935 | 11.3 | 0% |
| 2020 | 23,659,759 | 17,746,136 | 5,913,623 | 15.7 | 0% |
| 2021 | 16,478,813 | 17,379,376 | −900,563 | 15.4 | 0% |
| 2022 | 15,526,791 | 17,081,688 | −1,554,897 | 14.6 | 0% |
In its most recent public year (2022), this organization spent $1,554,897 more than it brought in. Its reserves stood at about 14.6 months of spending, up from 9.9 in 2011. Staff pay was 0% 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 2022. 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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