Plumbers-112 Welfare Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,190,514 | 4,955,159 | 1,235,355 | 13.5 | 1% |
| 2012 | 6,343,348 | 5,429,097 | 914,251 | 14.5 | 1% |
| 2013 | 6,678,233 | 6,357,056 | 321,177 | 12.8 | 2% |
| 2014 | 7,002,342 | 7,475,801 | −473,459 | 10.2 | 1% |
| 2015 | 6,310,919 | 6,010,729 | 300,190 | 13.0 | 1% |
| 2016 | 6,405,058 | 8,639,373 | −2,234,315 | 6.0 | 1% |
| 2017 | 7,310,576 | 6,865,174 | 445,402 | 8.4 | 1% |
| 2018 | 7,575,585 | 5,796,762 | 1,778,823 | 13.5 | 2% |
| 2019 | 7,775,405 | 6,442,776 | 1,332,629 | 15.2 | 2% |
| 2020 | 7,570,894 | 6,228,197 | 1,342,697 | 19.1 | 2% |
| 2021 | 8,933,795 | 7,357,651 | 1,576,144 | 18.6 | 2% |
| 2022 | 8,774,738 | 7,310,770 | 1,463,968 | 19.4 | 2% |
| 2023 | 9,212,512 | 8,120,985 | 1,091,527 | 19.9 | 1% |
In its most recent public year (2023), this organization brought in $1,091,527 more than it spent. Its reserves stood at about 19.9 months of spending, up from 13.5 in 2011. Staff pay was 1% 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
Plumbers-112 Welfare Plan'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