Mid-Jersey Trucking Industry Local 701 Welfare Fund Plan A & B
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,232,717 | 10,853,766 | −1,621,049 | 14.9 | 2% |
| 2012 | 10,539,471 | 12,556,212 | −2,016,741 | 10.7 | 2% |
| 2013 | 8,175,470 | 10,523,099 | −2,347,629 | 10.2 | 2% |
| 2014 | 7,474,068 | 8,498,883 | −1,024,815 | 11.0 | 2% |
| 2015 | 6,274,854 | 6,344,707 | −69,853 | 14.7 | 4% |
| 2016 | 5,599,564 | 5,099,077 | 500,487 | 19.2 | 4% |
| 2017 | 5,842,311 | 5,768,331 | 73,980 | 18.2 | 3% |
| 2018 | 6,446,592 | 6,167,173 | 279,419 | 18.1 | 3% |
| 2019 | 7,342,311 | 7,204,883 | 137,428 | 15.2 | 2% |
| 2020 | 7,814,226 | 7,612,680 | 201,546 | 14.8 | 2% |
| 2021 | 8,575,935 | 8,036,766 | 539,169 | 16.8 | 3% |
| 2022 | 7,768,982 | 8,171,526 | −402,544 | 14.9 | 3% |
| 2023 | 8,163,611 | 8,378,232 | −214,621 | 13.2 | 3% |
In its most recent public year (2023), this organization spent $214,621 more than it brought in. Its reserves stood at about 13.2 months of spending, down from 14.9 in 2011. Staff pay was 3% 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
Mid-Jersey Trucking Industry Local 701 Welfare Fund Plan A & B's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works