Ibew Lu 363 Supplement Unemployment Benefit Fund
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $695,261 | $486,908 | $208,353 | 177.4 | 0% |
| 2021 | $1,264,173 | $375,340 | $888,833 | 253.1 | 0% |
| 2022 | $643,146 | $362,196 | $280,950 | 234.6 | 0% |
| 2023 | $695,962 | $429,073 | $266,889 | 213.6 | 0% |
In its most recent public year (2023), this organization brought in $266,889 more than it spent. Its reserves stood at about 213.6 months of spending, up from 177.4 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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