Boilermakers Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,629 | 173,628 | −68,999 | 43.3 | 0% |
| 2012 | 106,372 | 187,985 | −81,613 | 34.8 | 0% |
| 2013 | 148,352 | 189,866 | −41,514 | 35.4 | 0% |
| 2014 | 140,891 | 69,763 | 71,128 | 108.6 | 0% |
| 2015 | 205,141 | 77,678 | 127,463 | 117.3 | 0% |
| 2016 | 226,849 | 46,332 | 180,517 | 243.3 | 0% |
| 2017 | 305,494 | 71,143 | 234,351 | 196.7 | 0% |
| 2018 | 210,816 | 150,773 | 60,043 | 92.0 | 0% |
| 2019 | 378,309 | 131,345 | 246,964 | 128.2 | 0% |
| 2020 | 523,407 | 137,510 | 385,897 | 167.8 | 0% |
| 2021 | 107,731 | 152,069 | −44,338 | 154.1 | 0% |
| 2022 | 160,470 | 166,452 | −5,982 | 131.4 | 0% |
| 2023 | 244,029 | 189,528 | 54,501 | 126.8 | 0% |
In its most recent public year (2023), this organization brought in $54,501 more than it spent. Its reserves stood at about 126.8 months of spending, up from 43.3 in 2011. 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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