Iron Workers Local Union No 401
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,750,407 | 3,873,183 | −122,776 | 12.7 | 25% |
| 2012 | 4,031,927 | 4,268,661 | −236,734 | 10.8 | 23% |
| 2013 | 4,179,147 | 4,600,581 | −421,434 | 8.9 | 24% |
| 2014 | 4,119,799 | 3,647,255 | 472,544 | 12.8 | 24% |
| 2015 | 4,725,992 | 2,962,149 | 1,763,843 | 22.9 | 22% |
| 2016 | 5,650,440 | 3,264,148 | 2,386,292 | 29.6 | 22% |
| 2017 | 4,627,901 | 3,813,056 | 814,845 | 27.9 | 19% |
| 2018 | 4,685,493 | 3,508,036 | 1,177,457 | 34.4 | 22% |
| 2019 | 4,662,257 | 4,339,724 | 322,533 | 28.7 | 21% |
| 2020 | 4,008,817 | 3,756,236 | 252,581 | 33.9 | 22% |
| 2021 | 3,673,094 | 3,524,304 | 148,790 | 36.7 | 25% |
| 2022 | 3,112,285 | 3,822,962 | −710,677 | 31.6 | 25% |
| 2023 | 2,989,814 | 4,295,400 | −1,305,586 | 24.4 | 25% |
In its most recent public year (2023), this organization spent $1,305,586 more than it brought in. Its reserves stood at about 24.4 months of spending, up from 12.7 in 2011. Staff pay was 25% 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
Iron Workers Local Union No 401'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