Iron Workers Local 40 & 361 Apprenticeship & Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,055,230 | 1,293,446 | 761,784 | 64.0 | 67% |
| 2012 | 2,182,291 | 1,654,286 | 528,005 | 58.2 | 54% |
| 2013 | 1,551,097 | 1,572,756 | −21,659 | 61.0 | 63% |
| 2014 | 1,441,812 | 1,926,263 | −484,451 | 50.2 | 56% |
| 2015 | 2,255,442 | 2,172,481 | 82,961 | 44.9 | 44% |
| 2016 | 2,723,375 | 1,790,662 | 932,713 | 85.4 | 54% |
| 2017 | 2,368,220 | 1,898,797 | 469,423 | 88.2 | 50% |
| 2018 | 2,257,102 | 1,796,213 | 460,889 | 94.2 | 57% |
| 2019 | 2,149,572 | 2,265,412 | −115,840 | 78.3 | 46% |
| 2020 | 1,953,393 | 1,962,270 | −8,877 | 93.4 | 46% |
| 2021 | 1,938,784 | 1,785,061 | 153,723 | 103.6 | 55% |
| 2022 | 1,844,351 | 1,879,348 | −34,997 | 101.7 | 58% |
| 2023 | 2,000,143 | 2,721,532 | −721,389 | 10.6 | 48% |
In its most recent public year (2023), this organization spent $721,389 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 64 in 2011. Staff pay was 48% 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
Iron Workers Local 40 & 361 Apprenticeship & Training 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