Investment Trust Fund Of Pipefitters Local No 392
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 233,572 | 148,291 | 85,281 | 339.6 | 1% |
| 2012 | 236,294 | 131,684 | 104,610 | 392.0 | 1% |
| 2013 | 248,767 | 59,439 | 189,328 | 906.6 | 0% |
| 2014 | 265,609 | 60,691 | 204,918 | 928.4 | 0% |
| 2015 | 66,903 | 11,178 | 55,725 | 5100.5 | 0% |
| 2016 | 273,744 | 11,128 | 262,616 | 5406.6 | 0% |
| 2017 | −141,127 | 14,679 | −155,806 | 3971.3 | 0% |
| 2018 | 25,242 | 21,440 | 3,802 | 2704.2 | 0% |
| 2019 | 19,502 | 13,681 | 5,821 | 4335.4 | 0% |
| 2020 | −66,961 | 15,429 | −82,390 | 3876.2 | 7% |
| 2021 | 60,086 | 22,600 | 37,486 | 2662.5 | 7% |
| 2022 | −32,477 | 15,372 | −47,849 | 3758.7 | 9% |
| 2023 | −64,009 | 17,089 | −81,098 | 3402.4 | 11% |
In its most recent public year (2023), this organization spent $81,098 more than it brought in. Its reserves stood at about 3402.4 months of spending, up from 339.6 in 2011. Staff pay was 11% 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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