Sheet Metal Workers Local 58 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,501,624 | 1,386,117 | 115,507 | 17.4 | 9% |
| 2012 | 1,645,649 | 1,586,760 | 58,889 | 16.1 | 8% |
| 2013 | 1,357,161 | 1,879,489 | −522,328 | 10.2 | 8% |
| 2014 | 1,762,529 | 1,842,482 | −79,953 | 9.4 | 8% |
| 2015 | 1,414,429 | 1,476,007 | −61,578 | 11.0 | 10% |
| 2016 | 1,627,125 | 1,592,632 | 34,493 | 10.5 | 9% |
| 2017 | 1,650,671 | 1,640,983 | 9,688 | 10.1 | 9% |
| 2018 | 1,897,554 | 1,464,265 | 433,289 | 13.5 | 10% |
| 2019 | 1,897,829 | 1,487,045 | 410,784 | 17.2 | 10% |
| 2020 | 1,974,650 | 1,111,127 | 863,523 | 34.0 | 15% |
| 2021 | 2,825,449 | 1,475,804 | 1,349,645 | 35.8 | 10% |
| 2022 | 2,564,486 | 1,805,555 | 758,931 | 29.3 | 10% |
| 2023 | 2,357,267 | 1,998,878 | 358,389 | 30.6 | 9% |
In its most recent public year (2023), this organization brought in $358,389 more than it spent. Its reserves stood at about 30.6 months of spending, up from 17.4 in 2011. Staff pay was 9% 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
Sheet Metal Workers Local 58 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