Special Metals Corporation Salaried Retirees Veba Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,443,382 | 3,285,129 | 158,253 | 22.1 | 0% |
| 2021 | 3,384,370 | 3,617,046 | −232,676 | 20.6 | 0% |
| 2022 | 3,479,010 | 3,195,905 | 283,105 | 22.7 | 0% |
| 2023 | 3,673,711 | 3,083,128 | 590,583 | 26.7 | 0% |
In its most recent public year (2023), this organization brought in $590,583 more than it spent. Its reserves stood at about 26.7 months of spending, up from 22.1 in 2020. 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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