Ibew Local 1049 Vacation Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 710,259 | 780,233 | −69,974 | 18.1 | 0% |
| 2012 | 629,827 | 800,177 | −170,350 | 15.5 | 0% |
| 2013 | 1,782,591 | 740,540 | 1,042,051 | 33.5 | 0% |
| 2014 | 766,696 | 787,098 | −20,402 | 31.4 | 0% |
| 2015 | 606,378 | 979,960 | −373,582 | 19.9 | 0% |
| 2016 | 873,060 | 929,446 | −56,386 | 20.2 | 0% |
| 2017 | 1,109,889 | 1,082,694 | 27,195 | 18.3 | 0% |
| 2018 | 525,009 | 78,122 | 446,887 | 240.5 | 0% |
| 2019 | 891,615 | 1,705,110 | −813,495 | 6.1 | 0% |
| 2020 | 1,084,467 | 1,254,694 | −170,227 | 7.0 | 0% |
| 2021 | 1,201,230 | 1,063,727 | 137,503 | 9.0 | 0% |
| 2022 | 284,104 | 505,617 | −221,513 | 13.3 | 0% |
| 2023 | 7,335 | 83,323 | −75,988 | 71.2 | 0% |
In its most recent public year (2023), this organization spent $75,988 more than it brought in. Its reserves stood at about 71.2 months of spending, up from 18.1 in 2011. Staff pay was 0% 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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