Talen Energy Salaried Retiree Group Life Ins Plan Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 609,404 | 472,886 | 136,518 | 189.2 | 1% |
| 2021 | 677,212 | 517,368 | 159,844 | 170.7 | 1% |
| 2022 | 242,614 | 520,089 | −277,475 | 117.0 | 1% |
| 2023 | −62,360 | 551,101 | −613,461 | 110.5 | 2% |
In its most recent public year (2023), this organization spent $613,461 more than it brought in. Its reserves stood at about 110.5 months of spending, down from 189.2 in 2020. Staff pay was 2% 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 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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