Sheet Metal Workers Welfare Fund-22
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,759,283 | 4,330,777 | −571,494 | 10.2 | 0% |
| 2012 | 3,832,443 | 3,867,598 | −35,155 | 11.3 | 0% |
| 2013 | 3,772,411 | 4,573,053 | −800,642 | 7.8 | 0% |
| 2014 | 3,553,427 | 3,227,458 | 325,969 | 12.4 | 0% |
| 2015 | 4,983,627 | 2,868,074 | 2,115,553 | 22.9 | 0% |
| 2016 | 4,189,740 | 2,655,022 | 1,534,718 | 31.4 | 0% |
| 2017 | 5,540,898 | 2,961,671 | 2,579,227 | 39.4 | 0% |
| 2018 | 5,418,077 | 3,791,774 | 1,626,303 | 36.9 | 0% |
| 2019 | 6,347,603 | 3,890,815 | 2,456,788 | 43.4 | 0% |
| 2020 | 7,205,132 | 5,165,915 | 2,039,217 | 38.7 | 0% |
| 2021 | 6,591,696 | 5,192,087 | 1,399,609 | 45.6 | 0% |
| 2022 | 6,769,322 | 5,596,429 | 1,172,893 | 40.3 | 0% |
| 2023 | 6,842,475 | 6,162,355 | 680,120 | 37.3 | 0% |
In its most recent public year (2023), this organization brought in $680,120 more than it spent. Its reserves stood at about 37.3 months of spending, up from 10.2 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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