Retired Employees Of Merced County Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,527 | 16,898 | 32,629 | 166.8 | — |
| 2021 | 52,269 | 13,972 | 38,297 | 234.6 | — |
| 2022 | 49,500 | 26,610 | 22,890 | 133.5 | — |
| 2023 | 59,409 | 31,700 | 27,709 | 122.6 | — |
In its most recent public year (2023), this organization brought in $27,709 more than it spent. Its reserves stood at about 122.6 months of spending, down from 166.8 in 2020.
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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