Talen Energy Bargaining Unit Retiree Group Life Ins Plan Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 39,657,215 | 7,998 | 39,649,217 | 57068.8 | 0% |
| 2016 | 338,921 | 57,920 | 281,001 | 1194.1 | 4% |
| 2017 | 627,501 | 184,322 | 443,179 | 421.7 | 1% |
| 2018 | 335,087 | 323,882 | 11,205 | 215.6 | 1% |
| 2019 | 480,675 | 503,128 | −22,453 | 160.3 | 1% |
| 2020 | 599,037 | 558,894 | 40,143 | 155.3 | 1% |
| 2021 | 797,505 | 646,669 | 150,836 | 136.8 | 1% |
| 2022 | 302,458 | 644,955 | −342,497 | 94.3 | 1% |
In its most recent public year (2022), this organization spent $342,497 more than it brought in. Its reserves stood at about 94.3 months of spending, down from 57068.8 in 2015. Staff pay was 1% 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 2022. 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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