Local 338 Health And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,991,965 | 34,303,511 | −311,546 | 16.4 | 4% |
| 2012 | 33,239,387 | 35,427,020 | −2,187,633 | 15.3 | 5% |
| 2013 | 42,514,567 | 34,515,593 | 7,998,974 | 18.7 | 5% |
| 2014 | 33,561,983 | 38,149,928 | −4,587,945 | 15.9 | 5% |
| 2015 | 37,412,704 | 39,550,566 | −2,137,862 | 14.7 | 5% |
| 2016 | 29,652,382 | 36,247,746 | −6,595,364 | 14.9 | 6% |
| 2017 | 34,697,875 | 38,241,696 | −3,543,821 | 13.3 | 5% |
| 2018 | 39,624,533 | 40,554,936 | −930,403 | 11.8 | 5% |
| 2019 | 50,454,007 | 44,314,457 | 6,139,550 | 11.5 | 5% |
| 2020 | 40,867,054 | 40,607,904 | 259,150 | 13.1 | 6% |
| 2021 | 44,654,904 | 44,817,477 | −162,573 | 12.1 | 6% |
| 2022 | 45,624,423 | 39,438,342 | 6,186,081 | 13.5 | 6% |
| 2023 | 41,514,409 | 45,983,716 | −4,469,307 | 11.4 | 6% |
In its most recent public year (2023), this organization spent $4,469,307 more than it brought in. Its reserves stood at about 11.4 months of spending, down from 16.4 in 2011. Staff pay was 6% 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 338 Health And Welfare 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