Operating record

North Carolina Retired Governmental Employees Association Inc

Raleigh, NC · EIN 56-0989727 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2021$2,030,365$1,473,017$557,34813.932%
2022$2,108,441$1,842,370$266,07112.223%
2023$2,155,437$2,034,920$120,51712.128%

In its most recent public year (2023), this organization brought in $120,517 more than it spent. Its reserves stood at about 12.1 months of spending, down from 13.9 in 2021. Staff pay was 28% 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 ↗