Bctgm Local 53 Health Benefits Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,118,694 | 11,268,587 | 1,850,107 | 21.2 | 2% |
| 2012 | 12,320,487 | 12,989,213 | −668,726 | 18.4 | 2% |
| 2013 | 12,458,834 | 12,866,687 | −407,853 | 19.8 | 2% |
| 2014 | 14,841,856 | 16,907,768 | −2,065,912 | 13.8 | 1% |
| 2015 | 17,498,448 | 18,059,207 | −560,759 | 12.5 | 1% |
| 2016 | 17,483,473 | 20,451,178 | −2,967,705 | 8.9 | 1% |
| 2017 | 21,950,850 | 23,731,913 | −1,781,063 | 6.9 | 1% |
| 2018 | 27,283,027 | 26,431,758 | 851,269 | 6.5 | 1% |
| 2019 | 30,677,527 | 31,704,577 | −1,027,050 | 5.2 | 1% |
| 2020 | 29,670,817 | 29,888,843 | −218,026 | 5.1 | 1% |
| 2021 | 26,641,026 | 27,766,611 | −1,125,585 | 5.2 | 1% |
| 2022 | 30,081,271 | 30,535,645 | −454,374 | 4.3 | 1% |
| 2023 | 32,287,094 | 26,195,599 | 6,091,495 | 7.8 | 1% |
In its most recent public year (2023), this organization brought in $6,091,495 more than it spent. Its reserves stood at about 7.8 months of spending, down from 21.2 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
Bctgm Local 53 Health Benefits Fund'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