New York State Laborers-Employers Cooperation And Education Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,579,405 | 3,272,951 | 1,306,454 | 73.1 | 30% |
| 2021 | 5,669,563 | 3,793,228 | 1,876,335 | 75.4 | 28% |
| 2022 | 5,802,081 | 4,562,896 | 1,239,185 | 56.1 | 26% |
| 2023 | 6,560,858 | 4,963,276 | 1,597,582 | 60.4 | 26% |
In its most recent public year (2023), this organization brought in $1,597,582 more than it spent. Its reserves stood at about 60.4 months of spending, down from 73.1 in 2020. Staff pay was 26% 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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