Retired Teachers Association Of Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 380,975 | 533,197 | −152,222 | 116.7 | 28% |
| 2011 | 570,911 | 458,113 | 112,798 | 112.2 | 28% |
| 2012 | 411,270 | 517,528 | −106,258 | 104.5 | 27% |
| 2013 | 585,533 | 282,183 | 303,350 | 224.4 | 21% |
| 2014 | 607,336 | 273,142 | 334,194 | 240.7 | 22% |
| 2015 | 545,322 | 273,750 | 271,572 | 235.2 | 18% |
| 2016 | 462,738 | 371,283 | 91,455 | 180.2 | 17% |
| 2017 | 547,764 | 283,892 | 263,872 | 266.2 | 23% |
| 2018 | 1,078,756 | 299,864 | 778,892 | 254.2 | 22% |
| 2019 | 482,027 | 274,631 | 207,396 | 323.5 | 24% |
| 2020 | 436,558 | 217,782 | 218,776 | 466.4 | 25% |
| 2021 | 378,075 | 223,414 | 154,661 | 508.1 | 23% |
| 2022 | 470,873 | 236,915 | 233,958 | 402.2 | 23% |
| 2023 | 885,033 | 249,710 | 635,323 | 431.5 | 22% |
In its most recent public year (2023), this organization brought in $635,323 more than it spent. Its reserves stood at about 431.5 months of spending, up from 116.7 in 2010. Staff pay was 22% of spending. $199,006 of its net assets are donor-restricted.
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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