Associated Construction Contractors Of Nj Industry Advancement Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,280,624 | 1,426,098 | −145,474 | 13.7 | 0% |
| 2012 | 1,264,981 | 1,570,472 | −305,491 | 10.4 | 0% |
| 2013 | 1,277,494 | 1,552,298 | −274,804 | 8.3 | 0% |
| 2014 | 2,521,146 | 1,921,242 | 599,904 | 10.6 | 0% |
| 2015 | 2,546,770 | 2,024,325 | 522,445 | 12.6 | 0% |
| 2016 | 2,674,902 | 2,020,911 | 653,991 | 16.1 | 0% |
| 2017 | 3,194,177 | 2,302,407 | 891,770 | 19.7 | 0% |
| 2018 | 2,876,133 | 2,423,639 | 452,494 | 19.5 | 0% |
| 2019 | 2,976,452 | 2,721,621 | 254,831 | 20.4 | 0% |
| 2020 | 4,339,972 | 2,843,173 | 1,496,799 | 27.1 | 0% |
| 2021 | 3,647,260 | 2,775,265 | 871,995 | 32.3 | 0% |
| 2022 | 3,470,510 | 2,851,904 | 618,606 | 29.3 | 0% |
| 2023 | 3,657,141 | 3,318,262 | 338,879 | 27.9 | 0% |
In its most recent public year (2023), this organization brought in $338,879 more than it spent. Its reserves stood at about 27.9 months of spending, up from 13.7 in 2011. Staff pay was 0% of spending. $2,243,180 of its net assets are donor-restricted.
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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