Local 8-86 Merck Employees Veba Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,367,014 | 26,081,898 | 2,285,116 | 9.7 | 0% |
| 2012 | 29,649,326 | 29,839,406 | −190,080 | 8.5 | 0% |
| 2013 | 32,785,067 | 28,847,845 | 3,937,222 | 10.5 | 0% |
| 2014 | 34,112,626 | 30,388,012 | 3,724,614 | 11.6 | 0% |
| 2015 | 35,252,743 | 31,329,053 | 3,923,690 | 12.6 | 0% |
| 2017 | 34,431,699 | 31,518,199 | 2,913,500 | 14.5 | 0% |
| 2018 | 34,575,758 | 33,320,693 | 1,255,065 | 14.2 | 0% |
| 2019 | 37,738,297 | 33,495,857 | 4,242,440 | 15.8 | 0% |
| 2020 | 39,258,394 | 34,476,744 | 4,781,650 | 17.3 | 0% |
| 2021 | 42,985,362 | 34,374,782 | 8,610,580 | 21.2 | 0% |
| 2022 | 46,837,370 | 35,793,144 | 11,044,226 | 21.7 | 0% |
| 2023 | 47,049,129 | 39,001,813 | 8,047,316 | 22.5 | 0% |
In its most recent public year (2023), this organization brought in $8,047,316 more than it spent. Its reserves stood at about 22.5 months of spending, up from 9.7 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
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