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Craft Division Of Local 1049 Health And Welfare Fund

Holtsville, NY / EIN 11-6043757 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201111,839,55610,198,0151,641,54117.20%
201217,759,12310,308,9817,450,14226.90%
201313,165,01211,175,5311,989,48127.30%
201413,653,95812,979,331674,62723.91%
201514,743,45013,560,3831,183,06722.42%
201621,321,84414,218,8947,102,95028.52%
201727,474,27416,402,66911,071,60534.12%
201833,623,14220,142,10913,481,03333.02%
201932,718,67522,711,20010,007,47537.82%
202037,375,28024,740,41112,634,86942.91%
202139,132,48925,456,75213,675,73747.41%
202226,931,81022,571,1604,360,65047.82%
202327,723,17423,505,4234,217,75153.02%

In its most recent public year (2023), this organization brought in $4,217,751 more than it spent. Its reserves stood at about 53 months of spending, up from 17.2 in 2011. Staff pay was 2% 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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