Specialty Trades Union Local 741
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 340,761 | 375,416 | −34,655 | 0.4 | 48% |
| 2021 | 322,479 | 359,404 | −36,925 | -0.8 | 51% |
| 2022 | 411,957 | 346,352 | 65,605 | 1.4 | 42% |
| 2023 | 460,891 | 303,978 | 156,913 | 7.8 | 21% |
In its most recent public year (2023), this organization brought in $156,913 more than it spent. Its reserves stood at about 7.8 months of spending, up from 0.4 in 2020. Staff pay was 21% 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
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