Granite State Elec Co Post Ret Ben Tr For Emp Sub To Collect Bargain
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,440,487 | 21,239,901 | −7,799,414 | 126.8 | 0% |
| 2021 | 24,415,909 | 24,379,755 | 36,154 | 113.5 | 0% |
| 2022 | 20,417,772 | 56,625,578 | −36,207,806 | 31.0 | 0% |
In its most recent public year (2022), this organization spent $36,207,806 more than it brought in. Its reserves stood at about 31 months of spending, down from 126.8 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 2022. 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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