Madelaine-Local 1222 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 794,888 | 850,222 | −55,334 | -2.5 | 11% |
| 2013 | 592,352 | 536,118 | 56,234 | -2.7 | 16% |
| 2014 | 364,353 | 259,221 | 105,132 | -0.6 | 28% |
| 2015 | 334,000 | 311,755 | 22,245 | 0.3 | 22% |
| 2016 | 386,188 | 430,537 | −44,349 | -1.0 | 17% |
| 2017 | 472,000 | 445,491 | 26,509 | -0.2 | 16% |
| 2018 | 461,082 | 448,736 | 12,346 | 0.1 | 16% |
| 2019 | 499,061 | 501,675 | −2,614 | 0.0 | 14% |
| 2020 | 457,423 | 454,870 | 2,553 | 0.1 | 16% |
| 2021 | 527,713 | 614,659 | −86,946 | -1.6 | 12% |
| 2022 | 551,085 | 425,731 | 125,354 | 1.2 | 18% |
| 2023 | 334,000 | 332,703 | 1,297 | 1.5 | 23% |
In its most recent public year (2023), this organization brought in $1,297 more than it spent. Its reserves stood at about 1.5 months of spending, up from -2.5 in 2012. Staff pay was 23% 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
Madelaine-Local 1222 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