State Association Of County Retirement Systems
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $944.8k
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 09/2008
- Data as of
- 06/2022
- EIN
- 94-3048491
Organization Overview
State Association Of County Retirement Systems is located in Sacramento, CA. The organization was established in 2008. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. State Association Of County Retirement Systems is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, State Association Of County Retirement Systems generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC AND PRIMARY PURPOSES OF SACRS ARE TO PROVIDE FORUMS FOR DISSEMINATING KNOWLEDGE OF AND DEVELOPING EXPERTISE IN THE OPERATION OF 20 COUNTY RETIREMENT SYSTEMS EXISTING UNDER THE COUNTY EMPLOYEES RETIREMENT LAW OF 1937 (CERL) SETS FORTH IN CALIFORNIA GOVERNMENT CODE SECTION 31450 ET. SEQ., AND TO FOSTER AND TAKE AN ACTIVE ROLE IN THE LEGISLATIVE PROCESS AS IT AFFECTS COUNTY RETIREMENT SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMI-ANNUAL CONFERENCES FOR THE BENEFIT OF MEMBERS AND AFFILIATES. EDUCATION IS THE PRINCIPLE FOCUS OF THESE MEETINGS, PARTICULARLY EDUCATION IN THE INVESTMENT AND FIDUCIARY RESPONSIBILITY AREA.
EDUCATIONAL SEMINARS
LEGISLATIVE REPRESENTATION AND LOBBYING - SACRS RETAINS A LOBBYING FIRM TO TAKE AN ACTIVE ROLE IN THE LEGISLATIVE PROCESS AS IT AFFECTS SACRS MEMBER RETIREMENT SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Gray Fy 20-21 President | OfficerTrustee | 1 | $0 |
Jordan Kaufman Treasurer | OfficerTrustee | 1 | $0 |
Adele Tagaloa Secretary | OfficerTrustee | 1 | $0 |
Dan Mcallister Past President | Trustee | 1 | $0 |
Vere Williams Board Member | Trustee | 1 | $0 |
Wally Fikri Affiliate Chair | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shawyoderantwih Inc Admin & Lobbying | 6/29/18 | $195,118 |
Ambience Sound & Video Media Setup | 6/29/18 | $114,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,475,539 |
| Investment income | -$32,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,443,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $65,013 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $789,312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $17,841 |
| Total functional expenses | $1,572,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,808 |
| Savings and temporary cash investments | $859,002 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $944,824 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,904,634 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,904,634 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,904,634 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sacramento County Tobacco Securitization Corporation Sacramento, CA | $181,135,770 | $17,765,248 |
Maplight Berkeley, CA | $910,087 | $1,795,058 |
State Association Of County Retirement Systems Sacramento, CA | $1,904,634 | $1,443,308 |
Retirement Security Initiative Roseville, CA | $302,775 | $1,159,628 |
Howard Jarvis Taxpayers Foundation Laguna Niguel, CA | $3,222,048 | $1,439,338 |
Arizona Tax Research Association Phoenix, AZ | $214,797 | $549,361 |
Tax-Aid San Francisco, CA | $606,649 | $726,092 |
Oregonians Against Tax Hikes San Rafael, CA | $0 | $414,671 |
Taxpayers Association Of Oregon Portland, OR | $130,088 | $286,727 |
Nevada Taxpayers Association Inc Carson City, NV | $173,211 | $126,799 |
Contra Costa Taxpayers Assn Inc Walnut Creek, CA | $25,183 | $0 |
California Medical Billing Advocates San Francisco, CA | $20,229 | $0 |