Teamsters Local 72 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,609,243 | 5,326,931 | 282,312 | 9.2 | 0% |
| 2021 | 5,175,762 | 4,300,237 | 875,525 | 13.7 | 0% |
| 2022 | 5,305,859 | 4,442,033 | 863,826 | 15.5 | 0% |
| 2023 | 5,005,745 | 4,917,479 | 88,266 | 14.3 | 0% |
In its most recent public year (2023), this organization brought in $88,266 more than it spent. Its reserves stood at about 14.3 months of spending, up from 9.2 in 2020. 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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