Local 338 Benefits Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,645,828 | 9,585,467 | 60,361 | 23.3 | 0% |
| 2012 | 6,986,723 | 9,404,745 | −2,418,022 | 21.3 | 0% |
| 2013 | 3,960,344 | 9,470,795 | −5,510,451 | 14.3 | 0% |
| 2014 | 5,869,871 | 4,767,791 | 1,102,080 | 31.8 | 0% |
| 2015 | 4,653,118 | 4,236,940 | 416,178 | 35.7 | 0% |
| 2016 | 3,014,608 | 3,399,061 | −384,453 | 47.0 | 0% |
| 2017 | 3,875,650 | 3,144,278 | 731,372 | 56.0 | 0% |
| 2018 | 2,522,865 | 3,361,749 | −838,884 | 47.8 | 0% |
| 2019 | 2,555,608 | 3,742,117 | −1,186,509 | 44.5 | 0% |
| 2020 | 3,815,068 | 3,281,868 | 533,200 | 46.8 | 0% |
| 2021 | 3,200,592 | 3,415,773 | −215,181 | 41.6 | 0% |
| 2022 | 2,553,409 | 3,502,111 | −948,702 | 31.1 | 0% |
| 2023 | 1,833,937 | 3,653,270 | −1,819,333 | 26.8 | 0% |
In its most recent public year (2023), this organization spent $1,819,333 more than it brought in. Its reserves stood at about 26.8 months of spending, up from 23.3 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
Local 338 Benefits Trust 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