Teamsters Local 445 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,477,427 | 3,733,019 | −255,592 | 28.0 | 3% |
| 2012 | 4,032,018 | 4,034,467 | −2,449 | 25.9 | 3% |
| 2013 | 4,405,892 | 3,942,277 | 463,615 | 29.0 | 3% |
| 2014 | 4,895,111 | 3,730,289 | 1,164,822 | 34.7 | 3% |
| 2015 | 5,324,294 | 5,166,445 | 157,849 | 24.0 | 2% |
| 2016 | 5,836,687 | 5,301,067 | 535,620 | 24.3 | 2% |
| 2017 | 5,336,598 | 5,417,527 | −80,929 | 25.3 | 2% |
| 2018 | 7,192,216 | 7,525,081 | −332,865 | 16.0 | 2% |
| 2019 | 7,364,142 | 8,457,728 | −1,093,586 | 14.0 | 2% |
| 2020 | 5,242,926 | 7,881,716 | −2,638,790 | 11.6 | 94% |
| 2021 | 6,943,082 | 7,223,828 | −280,746 | 11.4 | 2% |
| 2022 | 5,054,352 | 5,799,410 | −745,058 | 10.0 | 3% |
| 2023 | 5,384,618 | 7,023,875 | −1,639,257 | 5.8 | 2% |
In its most recent public year (2023), this organization spent $1,639,257 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 28 in 2011. Staff pay was 2% 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
Teamsters Local 445 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