Local 1180 Retiree Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,139,311 | 9,550,245 | −4,410,934 | 0.0 | 2% |
| 2012 | 10,568,686 | 10,858,178 | −289,492 | 0.0 | 2% |
| 2013 | 9,792,305 | 9,821,312 | −29,007 | 0.0 | 2% |
| 2014 | 8,997,738 | 9,926,745 | −929,007 | 0.0 | 2% |
| 2015 | 9,785,192 | 9,613,719 | 171,473 | 0.0 | 0% |
| 2016 | 9,789,401 | 9,517,768 | 271,633 | 0.0 | 0% |
| 2017 | 8,569,979 | 9,458,346 | −888,367 | 0.0 | 0% |
| 2018 | 9,639,511 | 9,667,878 | −28,367 | 0.0 | 0% |
| 2019 | 9,633,713 | 9,662,080 | −28,367 | 0.0 | 0% |
| 2020 | 9,088,060 | 9,116,427 | −28,367 | 0.0 | 0% |
| 2021 | 7,982,483 | 7,982,483 | 0 | 0.0 | 0% |
| 2022 | 9,708,489 | 9,708,489 | 0 | 0.0 | 0% |
| 2023 | 7,848,299 | 7,848,299 | 0 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending. 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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