Ibew Local 567 Labor-Management Cooperation Committee Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 70,341 | 61,187 | 9,154 | 11.8 | — |
| 2021 | 104,605 | 64,621 | 39,984 | 18.7 | — |
| 2022 | 121,244 | 76,389 | 44,855 | 22.8 | — |
| 2023 | 119,147 | 83,308 | 35,839 | 26.1 | — |
In its most recent public year (2023), this organization brought in $35,839 more than it spent. Its reserves stood at about 26.1 months of spending, up from 11.8 in 2020.
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
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