Retired State Employees Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 147,270 | 90,997 | 56,273 | 14.2 | — |
| 2012 | 147,932 | 107,975 | 39,957 | 16.4 | — |
| 2013 | 165,506 | 122,038 | 43,468 | 18.6 | — |
| 2014 | 178,927 | 175,116 | 3,811 | 13.2 | — |
| 2015 | 186,630 | 179,048 | 7,582 | 13.4 | — |
| 2016 | 182,899 | 138,254 | 44,645 | 21.3 | — |
| 2017 | 193,209 | 136,106 | 57,103 | 26.6 | — |
| 2018 | 184,853 | 154,512 | 30,341 | 25.8 | — |
| 2019 | 186,302 | 164,017 | 22,285 | 26.0 | — |
| 2020 | 184,635 | 166,061 | 18,574 | 27.0 | — |
| 2021 | 183,426 | 172,500 | 10,926 | 26.8 | — |
| 2022 | 165,770 | 181,653 | −15,883 | 24.4 | — |
| 2023 | 175,761 | 171,334 | 4,427 | 26.2 | — |
In its most recent public year (2023), this organization brought in $4,427 more than it spent. Its reserves stood at about 26.2 months of spending, up from 14.2 in 2011.
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
Retired State Employees Association'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