Teamster Local 641-Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,901,836 | 8,181,296 | 720,540 | 29.2 | 3% |
| 2012 | 8,914,838 | 8,259,456 | 655,382 | 30.0 | 3% |
| 2013 | 8,752,181 | 8,198,139 | 554,042 | 31.8 | 3% |
| 2014 | 8,998,348 | 7,707,744 | 1,290,604 | 37.8 | 3% |
| 2015 | 9,267,368 | 8,698,705 | 568,663 | 35.2 | 3% |
| 2016 | 9,292,437 | 8,704,732 | 587,705 | 34.3 | 3% |
| 2017 | 9,837,944 | 9,297,806 | 540,138 | 34.9 | 3% |
| 2018 | 10,378,481 | 7,110,276 | 3,268,205 | 52.4 | 4% |
| 2019 | 9,684,306 | 7,822,898 | 1,861,408 | 51.2 | 3% |
| 2020 | 11,292,630 | 10,272,663 | 1,019,967 | 41.1 | 2% |
| 2021 | 10,801,692 | 10,976,952 | −175,260 | 41.4 | 2% |
| 2022 | 13,921,254 | 13,764,071 | 157,183 | 31.6 | 1% |
| 2023 | 11,718,503 | 11,285,196 | 433,307 | 33.6 | 2% |
In its most recent public year (2023), this organization brought in $433,307 more than it spent. Its reserves stood at about 33.6 months of spending, up from 29.2 in 2011. Staff pay was 2% 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
Teamster Local 641-Welfare Fund'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