Sheet Metal Industry Labor Management Cooperation Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 270,277 | 230,059 | 40,218 | 30.9 | 0% |
| 2012 | 831,500 | 694,997 | 136,503 | 12.6 | 0% |
| 2013 | 82,350 | 97,087 | −14,737 | 88.3 | 0% |
| 2014 | 100,000 | 171,577 | −71,577 | 45.0 | 0% |
| 2015 | 100,000 | 51,517 | 48,483 | 161.1 | 0% |
| 2016 | 260,000 | 205,053 | 54,947 | 43.7 | 0% |
| 2017 | 320,000 | 254,783 | 65,217 | 38.2 | 0% |
| 2018 | 768,510 | 990,448 | −221,938 | 7.1 | 0% |
| 2019 | 420,000 | 444,263 | −24,263 | 15.3 | 0% |
| 2020 | 1,153,600 | 1,406,113 | −252,513 | 2.7 | 0% |
| 2021 | 800,000 | 572,937 | 227,063 | 11.3 | 0% |
| 2022 | 1,698,400 | 1,963,072 | −264,672 | 1.7 | 0% |
| 2023 | 1,330,000 | 650,725 | 679,275 | 17.6 | 0% |
In its most recent public year (2023), this organization brought in $679,275 more than it spent. Its reserves stood at about 17.6 months of spending, down from 30.9 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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