Ibew Local Union 607 Joint Apprentice Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 93,459 | 48,977 | 44,482 | 90.4 | — |
| 2009 | 89,323 | 71,409 | 17,914 | 65.0 | — |
| 2010 | 98,888 | 52,739 | 46,149 | 98.5 | — |
| 2011 | 78,072 | 74,409 | 3,663 | 70.4 | — |
| 2012 | 65,689 | 136,476 | −70,787 | 32.2 | — |
| 2013 | 150,600 | 124,936 | 25,664 | 37.6 | — |
| 2014 | 66,774 | 91,107 | −24,333 | 48.3 | — |
| 2015 | 126,609 | 150,667 | −24,058 | 27.3 | — |
| 2016 | 83,971 | 110,874 | −26,903 | 34.2 | — |
| 2017 | 206,903 | 134,700 | 72,203 | 34.6 | 27% |
| 2018 | 204,893 | 141,642 | 63,251 | 38.2 | 26% |
| 2019 | 78,263 | 145,817 | −67,554 | 31.6 | 33% |
| 2020 | 99,044 | 136,430 | −37,386 | 30.5 | 35% |
| 2021 | 118,166 | 133,678 | −15,512 | 29.7 | 28% |
| 2023 | 223,556 | 175,989 | 47,567 | 26.8 | 35% |
In its most recent public year (2023), this organization brought in $47,567 more than it spent. Its reserves stood at about 26.8 months of spending, down from 90.4 in 2008. Staff pay was 35% 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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