Building Services Local 2 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,957,270 | 3,766,297 | 190,973 | 18.1 | 4% |
| 2012 | 4,497,820 | 4,137,934 | 359,886 | 17.6 | 4% |
| 2013 | 4,907,165 | 4,151,809 | 755,356 | 19.7 | 4% |
| 2014 | 5,351,856 | 4,233,468 | 1,118,388 | 22.5 | 4% |
| 2015 | 5,392,079 | 4,963,688 | 428,391 | 20.2 | 4% |
| 2017 | 5,359,552 | 4,355,822 | 1,003,730 | 26.0 | 4% |
| 2018 | 5,694,497 | 3,055,096 | 2,639,401 | 46.2 | 6% |
| 2019 | 6,150,980 | 4,436,661 | 1,714,319 | 36.7 | 4% |
| 2020 | 7,208,760 | 4,180,424 | 3,028,336 | 49.9 | 4% |
| 2021 | 7,504,280 | 4,350,781 | 3,153,499 | 54.0 | 4% |
| 2022 | 5,928,858 | 3,861,491 | 2,067,367 | 61.6 | 7% |
| 2023 | 6,495,392 | 3,582,883 | 2,912,509 | 79.9 | 8% |
In its most recent public year (2023), this organization brought in $2,912,509 more than it spent. Its reserves stood at about 79.9 months of spending, up from 18.1 in 2011. Staff pay was 8% 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
Building Services Local 2 Welfare 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