Pipefitters Education Fund Local Union 274
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 505,504 | 675,767 | −170,263 | 19.0 | 33% |
| 2012 | 563,225 | 667,093 | −103,868 | 17.4 | 34% |
| 2013 | 548,470 | 679,481 | −131,011 | 14.7 | 34% |
| 2014 | 7,313,472 | 781,997 | 6,531,475 | 113.0 | 30% |
| 2015 | 992,488 | 903,874 | 88,614 | 98.8 | 28% |
| 2016 | 864,271 | 908,747 | −44,476 | 97.6 | 27% |
| 2017 | 1,165,519 | 910,993 | 254,526 | 100.8 | 28% |
| 2018 | 1,080,924 | 938,364 | 142,560 | 99.6 | 28% |
| 2019 | 1,355,321 | 985,663 | 369,658 | 99.4 | 26% |
| 2020 | 1,076,327 | 1,022,442 | 53,885 | 96.4 | 26% |
| 2021 | 1,090,949 | 976,251 | 114,698 | 102.3 | 27% |
| 2022 | 977,321 | 1,041,962 | −64,641 | 95.2 | 26% |
| 2023 | 1,177,149 | 1,074,271 | 102,878 | 94.0 | 26% |
In its most recent public year (2023), this organization brought in $102,878 more than it spent. Its reserves stood at about 94 months of spending, up from 19 in 2011. 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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