Massachusetts Association Of Contributory Retirement Systems In
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 308,165 | 304,718 | 3,447 | 17.5 | 20% |
| 2012 | 324,105 | 333,309 | −9,204 | 15.6 | 22% |
| 2013 | 339,062 | 349,923 | −10,861 | 14.5 | 22% |
| 2014 | 307,495 | 345,096 | −37,601 | 13.4 | 23% |
| 2015 | 332,950 | 418,053 | −85,103 | 8.6 | 17% |
| 2016 | 340,625 | 414,466 | −73,841 | 6.6 | 15% |
| 2017 | 313,813 | 382,633 | −68,820 | 5.0 | 16% |
| 2018 | 334,988 | 411,756 | −76,768 | 2.4 | 13% |
| 2019 | 441,162 | 361,625 | 79,537 | 5.3 | 19% |
| 2020 | 90,605 | 126,717 | −36,112 | 11.8 | 54% |
| 2021 | 117,718 | 126,012 | −8,294 | 11.1 | 54% |
| 2022 | 393,697 | 325,187 | 68,510 | 8.5 | 21% |
| 2023 | 446,954 | 351,220 | 95,734 | 11.1 | 19% |
In its most recent public year (2023), this organization brought in $95,734 more than it spent. Its reserves stood at about 11.1 months of spending, down from 17.5 in 2011. Staff pay was 19% 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
Massachusetts Association Of Contributory Retirement Systems In's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works