State Association of County Retirement Systems

EIN: 943048491 Public & Societal Benefit

Sacramento, CA

Total Revenue
$2,149,028
Total Expenses
$1,934,187
Total Assets
$1,126,661
Net Assets
$1,126,661
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CA
Principal Officer
Adele Lopez Tagoloa
Phone
9167015158
Tax Period
2024-07-01 to 2025-06-30

State Association of County Retirement Systems, founded in 1956, is a community nonprofit in the Public & Societal Benefit sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $1.9M left a modest 10% surplus.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,106,690
Investment Income $42,093
Other Revenue $245
TOTAL REVENUE $2,149,028

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,829,870
Other Expenses $1,934,187
TOTAL EXPENSES $1,934,187

Year-over-Year Comparison

2024 2023 Change
Revenue $2,149,028 $1,997,147 +0.1%
Expenses $1,934,187 $2,351,981 -0.2%
Net Income $214,841 $-354,834 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Mac Donald Past President 1.00
Director
$0 $0 $0
Riley Talford Member 1.00
Director
$0 $0 $0
Adele Lopez Tagoloa President 1.00
Officer Director
$0 $0 $0
Jordan Kaufman Vice President 1.00
Officer Director
$0 $0 $0
Zandra Cholmondeley Treasurer 1.00
Officer Director
$0 $0 $0
Rhonda Biesemeier Secretary 1.00
Director
$0 $0 $0
Christopher Gibney Member 1.00
Director
$0 $0 $0
Sean Gannon Affiliate Chair 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,149,028 $1,934,187 $1,126,661 $214,841
2024 $1,997,147 $2,351,981 $911,820 $-354,834
2023 $1,624,298 $2,262,278 $1,266,654 $-637,980
2022 $1,443,308 $1,572,233 $1,904,634 $-128,925
2021 $785,349 $733,738 $2,033,559 $51,611
2020 $1,095,488 $1,485,962 $1,981,948 $-390,474
2019 $1,764,148 $1,597,727 $2,372,422 $166,421
2018 $1,662,930 $1,631,551 $2,206,001 $31,379
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