Local 522 Welfare Fund Of New York & New Jersey
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,124,137 | 6,702,945 | 421,192 | 37.9 | 0% |
| 2012 | 7,254,155 | 7,752,933 | −498,778 | 32.5 | 0% |
| 2013 | 7,976,493 | 7,462,200 | 514,293 | 36.6 | 0% |
| 2014 | 8,505,941 | 8,626,703 | −120,762 | 33.0 | 0% |
| 2015 | 9,497,637 | 10,211,023 | −713,386 | 28.3 | 0% |
| 2016 | 11,778,681 | 13,082,724 | −1,304,043 | 20.9 | 0% |
| 2017 | 14,615,280 | 16,029,301 | −1,414,021 | 16.6 | 0% |
| 2018 | 17,638,429 | 19,931,564 | −2,293,135 | 12.7 | 0% |
| 2019 | 19,541,277 | 18,899,240 | 642,037 | 14.2 | 0% |
| 2020 | 22,337,983 | 26,921,041 | −4,583,058 | 8.1 | 0% |
| 2021 | 25,503,448 | 28,254,043 | −2,750,595 | 8.0 | 0% |
| 2022 | 26,199,989 | 30,613,148 | −4,413,159 | 5.0 | 0% |
| 2023 | 29,661,994 | 32,981,642 | −3,319,648 | 2.9 | 0% |
In its most recent public year (2023), this organization spent $3,319,648 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 37.9 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
Local 522 Welfare Fund Of New York & New Jersey'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