Local 6559 Health Benefits Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,176,462 | 1,482,883 | 693,579 | 61.7 | 8% |
| 2012 | 1,786,230 | 1,390,535 | 395,695 | 67.3 | 8% |
| 2013 | 2,064,210 | 1,566,807 | 497,403 | 66.2 | 8% |
| 2014 | 2,301,566 | 1,402,090 | 899,476 | 83.2 | 11% |
| 2015 | 2,486,594 | 1,044,454 | 1,442,140 | 127.2 | 23% |
| 2016 | 2,097,393 | 1,493,737 | 603,656 | 90.9 | 16% |
| 2017 | 2,294,955 | 1,228,098 | 1,066,857 | 122.6 | 22% |
| 2018 | 1,414,487 | 824,527 | 589,960 | 193.4 | 28% |
| 2019 | 1,238,475 | 775,718 | 462,757 | 211.7 | 16% |
| 2020 | 1,264,165 | 667,680 | 596,485 | 269.9 | 24% |
| 2021 | 1,692,922 | 779,441 | 913,481 | 264.6 | 20% |
| 2022 | 1,607,261 | 957,021 | 650,240 | 197.5 | 16% |
| 2023 | 1,406,071 | 689,500 | 716,571 | 284.7 | 28% |
In its most recent public year (2023), this organization brought in $716,571 more than it spent. Its reserves stood at about 284.7 months of spending, up from 61.7 in 2011. Staff pay was 28% 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
Local 6559 Health Benefits 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