Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,544,307 | 5,527,371 | 3,016,936 | 2.8 | 0% |
| 2012 | 8,374,464 | 7,257,593 | 1,116,871 | 4.0 | 0% |
| 2013 | 7,160,531 | 6,556,238 | 604,293 | 5.5 | 0% |
| 2014 | 8,357,039 | 7,273,488 | 1,083,551 | 6.8 | 0% |
| 2015 | 7,242,500 | 7,487,814 | −245,314 | 6.2 | 0% |
| 2016 | 8,164,015 | 8,194,480 | −30,465 | 5.6 | 0% |
| 2017 | 10,919,260 | 8,124,497 | 2,794,763 | 9.8 | 0% |
| 2018 | 11,281,187 | 9,600,523 | 1,680,664 | 10.4 | 0% |
| 2019 | 13,394,563 | 12,265,768 | 1,128,795 | 9.2 | 0% |
| 2020 | 10,305,405 | 9,651,554 | 653,851 | 12.5 | 0% |
| 2021 | 11,043,996 | 8,352,890 | 2,691,106 | 18.3 | 0% |
| 2022 | 8,378,031 | 9,601,932 | −1,223,901 | 14.4 | 0% |
| 2023 | 10,706,939 | 8,272,882 | 2,434,057 | 20.3 | 0% |
In its most recent public year (2023), this organization brought in $2,434,057 more than it spent. Its reserves stood at about 20.3 months of spending, up from 2.8 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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