Plumbers & Steamfitters Local Union 150 Health & Welfare
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,036,472 | 12,503,528 | −1,467,056 | 5.9 | 0% |
| 2021 | 10,517,997 | 11,113,793 | −595,796 | 6.0 | 0% |
| 2022 | 8,657,343 | 9,982,813 | −1,325,470 | 5.1 | 0% |
| 2023 | 8,819,372 | 9,291,752 | −472,380 | 4.9 | 0% |
In its most recent public year (2023), this organization spent $472,380 more than it brought in. Its reserves stood at about 4.9 months of spending. 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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