Special Metals Corporation Iam Retiree Veba Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 584,232 | 613,401 | −29,169 | 0.5 | 0% |
| 2012 | 725,467 | 748,369 | −22,902 | 0.0 | 0% |
| 2013 | 567,878 | 536,797 | 31,081 | 0.7 | 0% |
| 2014 | 599,550 | 602,389 | −2,839 | 0.6 | 0% |
| 2015 | 710,206 | 638,977 | 71,229 | 1.9 | 0% |
| 2016 | 685,550 | 620,588 | 64,962 | 3.2 | 0% |
| 2017 | 646,948 | 620,092 | 26,856 | 3.7 | 0% |
| 2018 | 661,162 | 606,406 | 54,756 | 4.9 | 0% |
| 2019 | 598,412 | 626,829 | −28,417 | 4.2 | 0% |
| 2020 | 664,107 | 604,800 | 59,307 | 5.5 | 0% |
| 2021 | 854,589 | 590,180 | 264,409 | 11.0 | 0% |
| 2022 | 379,745 | 529,584 | −149,839 | 8.9 | 0% |
| 2023 | 566,694 | 529,266 | 37,428 | 9.7 | 0% |
In its most recent public year (2023), this organization brought in $37,428 more than it spent. Its reserves stood at about 9.7 months of spending, up from 0.5 in 2011. 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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