Local 8a-28a Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,240,710 | 6,370,798 | −130,088 | 6.5 | 2% |
| 2012 | 4,948,017 | 4,148,292 | 799,725 | 12.3 | 1% |
| 2013 | 4,560,314 | 3,829,283 | 731,031 | 15.6 | 2% |
| 2014 | 4,626,964 | 4,246,235 | 380,729 | 15.1 | 2% |
| 2015 | 4,702,538 | 4,122,150 | 580,388 | 17.3 | 2% |
| 2016 | 5,218,355 | 5,693,116 | −474,761 | 11.5 | 3% |
| 2017 | 4,794,606 | 5,000,013 | −205,407 | 12.6 | 0% |
| 2018 | 4,824,427 | 6,282,663 | −1,458,236 | 7.2 | 3% |
| 2019 | 5,574,536 | 5,778,707 | −204,171 | 7.4 | 3% |
| 2020 | 5,676,208 | 5,740,561 | −64,353 | 7.4 | 3% |
| 2021 | 11,654,172 | 5,311,533 | 6,342,639 | 22.3 | 3% |
| 2022 | 7,119,889 | 5,771,371 | 1,348,518 | 19.0 | 3% |
| 2023 | 7,473,651 | 6,939,666 | 533,985 | 14.6 | 3% |
In its most recent public year (2023), this organization brought in $533,985 more than it spent. Its reserves stood at about 14.6 months of spending, up from 6.5 in 2011. Staff pay was 3% 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 8a-28a 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