Agere Systems Inc Post Retirement Life Insurance Benefit Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 271,000 | 1,945,000 | −1,674,000 | 400.5 | 0% |
| 2012 | 0 | 2,411,000 | −2,411,000 | 342.1 | 0% |
| 2013 | 2,549,000 | 4,091,000 | −1,542,000 | 208.4 | 0% |
| 2014 | 1,811,000 | 2,488,000 | −677,000 | 350.0 | 0% |
| 2015 | 2,781,967 | 1,875,187 | 906,780 | 458.4 | 0% |
| 2016 | 2,298,373 | 2,354,744 | −56,371 | 369.3 | 0% |
| 2017 | 2,883,064 | 3,555,504 | −672,440 | 261.5 | 0% |
| 2018 | 18,098,255 | 1,435,026 | 16,663,229 | 642.6 | 0% |
| 2019 | 1,272,972 | 2,850,126 | −1,577,154 | 341.0 | 0% |
| 2020 | 1,084,429 | 2,950,119 | −1,865,690 | 343.7 | 0% |
| 2021 | 938,720 | 2,610,540 | −1,671,820 | 369.8 | 0% |
| 2022 | 526,651 | −1,960,120 | 2,486,771 | -438.4 | 0% |
| 2023 | 53,342 | 3,238,149 | −3,184,807 | 267.4 | 0% |
In its most recent public year (2023), this organization spent $3,184,807 more than it brought in. Its reserves stood at about 267.4 months of spending, down from 400.5 in 2011. Staff pay was 0% 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
Agere Systems Inc Post Retirement Life Insurance Benefit Tr's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works