Police Officers Association Of Michigan Inc Veba
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 396,115 | 46,913 | 349,202 | 510.8 | 0% |
| 2012 | 589,313 | 78,425 | 510,888 | 385.1 | 0% |
| 2013 | 251,989 | 75,599 | 176,390 | 450.0 | 0% |
| 2014 | 159,714 | 77,408 | 82,306 | 456.4 | 0% |
| 2015 | 131,265 | 78,563 | 52,702 | 439.5 | 0% |
| 2016 | 109,599 | 105,772 | 3,827 | 335.5 | 0% |
| 2017 | 189,828 | 84,576 | 105,252 | 461.5 | 0% |
| 2018 | 128,407 | 89,803 | 38,604 | 414.8 | 0% |
| 2019 | 261,095 | 124,683 | 136,412 | 332.8 | 0% |
| 2020 | 159,046 | 89,449 | 69,597 | 520.0 | 0% |
| 2021 | 195,383 | 115,449 | 79,934 | 412.3 | 0% |
| 2022 | 96,031 | 53,406 | 42,625 | 790.3 | 0% |
| 2023 | 191,312 | 131,299 | 60,013 | 348.1 | 0% |
In its most recent public year (2023), this organization brought in $60,013 more than it spent. Its reserves stood at about 348.1 months of spending, down from 510.8 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 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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