Retired Educators Association Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,182 | 79,109 | 3,073 | 19.4 | — |
| 2012 | 73,908 | 52,097 | 21,811 | 30.7 | — |
| 2013 | 94,015 | 72,980 | 21,035 | 24.2 | — |
| 2014 | 100,576 | 94,058 | 6,518 | 18.8 | — |
| 2015 | 118,427 | 102,890 | 15,537 | 19.0 | — |
| 2016 | 135,192 | 97,292 | 37,900 | 24.7 | — |
| 2017 | 160,978 | 116,568 | 44,410 | 25.0 | — |
| 2018 | 138,024 | 85,950 | 52,074 | 37.2 | — |
| 2019 | 115,139 | 120,632 | −5,493 | 28.7 | — |
| 2020 | 110,241 | 87,230 | 23,011 | 45.1 | — |
| 2021 | 121,399 | 93,765 | 27,634 | 50.4 | — |
| 2022 | 95,729 | 104,142 | −8,413 | 42.2 | — |
| 2023 | 87,174 | 82,340 | 4,834 | 57.0 | — |
| 2024 | 77,330 | 96,282 | −18,952 | 50.7 | — |
In its most recent public year (2024), this organization spent $18,952 more than it brought in. Its reserves stood at about 50.7 months of spending, up from 19.4 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 2024. 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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