Public Service Company Of New Mexico Retiree Medical Benefit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,160,900 | 3,354,121 | 1,806,779 | 149.6 | 1% |
| 2012 | 5,934,294 | 3,030,595 | 2,903,699 | 192.9 | 1% |
| 2013 | 5,207,754 | 3,253,920 | 1,953,834 | 216.0 | 1% |
| 2014 | 10,417,308 | 3,007,445 | 7,409,863 | 250.1 | 1% |
| 2015 | 3,865,160 | 3,185,390 | 679,770 | 226.2 | 0% |
| 2016 | 2,172,816 | 3,453,333 | −1,280,517 | 216.9 | 0% |
| 2017 | 3,128,786 | 3,097,485 | 31,301 | 283.3 | 1% |
| 2018 | 3,291,992 | 2,302,887 | 989,105 | 339.2 | 0% |
| 2019 | 3,608,790 | 3,277,197 | 331,593 | 296.4 | 0% |
| 2020 | 29,245,081 | 2,976,362 | 26,268,719 | 351.2 | 1% |
| 2021 | 9,189,206 | 2,709,616 | 6,479,590 | 390.7 | 1% |
| 2022 | 1,998,199 | 2,544,624 | −546,425 | 300.4 | 1% |
| 2023 | 2,524,793 | 2,161,245 | 363,548 | 382.2 | 1% |
In its most recent public year (2023), this organization brought in $363,548 more than it spent. Its reserves stood at about 382.2 months of spending, up from 149.6 in 2011. 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 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
Public Service Company Of New Mexico Retiree Medical Benefit'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