Prudential Welfare Benefits Tr For Union Employees
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 4,210,841 | 32,207,721 | −27,996,880 | 48.6 | 0% |
| 2011 | 4,058,667 | 316,861 | 3,741,806 | 4980.8 | 0% |
| 2012 | 3,662,194 | 332,242 | 3,329,952 | 5482.7 | 0% |
| 2013 | 3,941,966 | 382,537 | 3,559,429 | 5985.9 | 0% |
| 2014 | 4,513,105 | 452,967 | 4,060,138 | 5587.1 | 0% |
| 2015 | 31,889,786 | 609,622 | 31,280,164 | 4166.4 | 0% |
| 2016 | 13,760,392 | 28,986,928 | −15,226,536 | 82.8 | 0% |
| 2017 | 17,410,589 | 33,855,967 | −16,445,378 | 72.4 | 0% |
| 2018 | 29,427,421 | 33,464,059 | −4,036,638 | 56.9 | 0% |
| 2019 | 14,116,669 | 29,738,884 | −15,622,215 | 63.1 | 0% |
| 2020 | 55,380,140 | 25,654,865 | 29,725,275 | 66.9 | 0% |
| 2021 | 19,427,024 | 25,792,124 | −6,365,100 | 63.3 | 0% |
| 2022 | 279,226 | 29,240,967 | −28,961,741 | 34.1 | 0% |
| 2023 | 215,853 | 29,196,214 | −28,980,361 | 27.3 | 0% |
In its most recent public year (2023), this organization spent $28,980,361 more than it brought in. Its reserves stood at about 27.3 months of spending, down from 48.6 in 2010. 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
Prudential Welfare Benefits Tr For Union Employees'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