Retired State Employees Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 207,538 | 175,177 | 32,361 | 24.7 | 20% |
| 2012 | 232,151 | 294,610 | −62,459 | 12.1 | 19% |
| 2013 | 218,968 | 260,705 | −41,737 | 11.8 | 22% |
| 2014 | 211,678 | 222,295 | −10,617 | 13.3 | 33% |
| 2015 | 197,080 | 206,358 | −9,278 | 13.7 | — |
| 2016 | 190,389 | 191,839 | −1,450 | 14.7 | — |
| 2017 | 189,062 | 187,663 | 1,399 | 15.1 | — |
| 2018 | 192,845 | 154,771 | 38,074 | 21.3 | — |
| 2019 | 166,962 | 174,464 | −7,502 | 18.4 | — |
| 2020 | 177,466 | 158,276 | 19,190 | 21.7 | — |
| 2021 | 186,709 | 154,387 | 32,322 | 24.8 | — |
| 2022 | 171,053 | 174,535 | −3,482 | 21.7 | — |
| 2023 | 173,227 | 187,201 | −13,974 | 19.3 | — |
In its most recent public year (2023), this organization spent $13,974 more than it brought in. Its reserves stood at about 19.3 months of spending, down from 24.7 in 2011.
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
Retired State Employees Association'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