Local 298 Health Benefit Fund Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,471,349 | 2,511,933 | −40,584 | 7.9 | 9% |
| 2012 | 2,561,293 | 2,868,580 | −307,287 | 6.9 | 8% |
| 2013 | 2,517,381 | 2,659,037 | −141,656 | 6.8 | 9% |
| 2014 | 3,149,856 | 3,013,215 | 136,641 | 6.0 | 8% |
| 2015 | 3,314,361 | 3,386,346 | −71,985 | 5.1 | 7% |
| 2016 | 3,937,943 | 3,481,520 | 456,423 | 6.5 | 6% |
| 2017 | 4,260,993 | 4,227,512 | 33,481 | 5.5 | 6% |
| 2018 | 4,235,567 | 3,359,782 | 875,785 | 10.0 | 7% |
| 2019 | 4,431,770 | 4,350,821 | 80,949 | 7.9 | 6% |
| 2020 | 4,593,117 | 4,138,263 | 454,854 | 9.7 | 7% |
| 2021 | 4,460,186 | 4,321,788 | 138,398 | 7.4 | 7% |
| 2022 | 3,718,860 | 4,110,688 | −391,828 | 6.1 | 3% |
| 2023 | 3,803,578 | 3,797,619 | 5,959 | 9.0 | 9% |
In its most recent public year (2023), this organization brought in $5,959 more than it spent. Its reserves stood at about 9 months of spending, up from 7.9 in 2011. Staff pay was 9% 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
Local 298 Health Benefit Fund Ii'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