Nyc Electricians Retired Local 3 Ibew
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,531,684 | 1,020,007 | 511,677 | 46.3 | 0% |
| 2012 | 1,555,871 | 1,144,183 | 411,688 | 46.4 | 6% |
| 2013 | 1,474,761 | 1,974,826 | −500,065 | 24.2 | 3% |
| 2014 | 1,672,379 | 1,623,058 | 49,321 | 30.2 | 6% |
| 2015 | 1,756,507 | 1,803,729 | −47,222 | 26.1 | 5% |
| 2016 | 2,039,087 | 2,332,237 | −293,150 | 18.7 | 4% |
| 2017 | 2,036,465 | 2,415,565 | −379,100 | 16.7 | 4% |
| 2018 | 2,074,750 | 2,021,831 | 52,919 | 19.5 | 5% |
| 2019 | 2,327,031 | 1,935,953 | 391,078 | 24.5 | 6% |
| 2020 | 2,385,232 | 1,744,384 | 640,848 | 32.6 | 7% |
| 2021 | 2,516,317 | 1,986,600 | 529,717 | 32.2 | 6% |
| 2022 | 2,396,044 | 2,117,356 | 278,688 | 28.6 | 6% |
| 2023 | 2,340,048 | 2,609,637 | −269,589 | 23.1 | 5% |
In its most recent public year (2023), this organization spent $269,589 more than it brought in. Its reserves stood at about 23.1 months of spending, down from 46.3 in 2011. Staff pay was 5% 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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