Metropolitan Chicagoland Sheet Metal Industry Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,665,688 | 1,609,405 | 56,283 | 0.2 | 0% |
| 2021 | 1,455,497 | 1,357,788 | 97,709 | 1.1 | 0% |
| 2022 | 1,468,199 | 1,489,061 | −20,862 | 0.9 | 0% |
| 2023 | 1,591,142 | 1,632,275 | −41,133 | 0.5 | 0% |
In its most recent public year (2023), this organization spent $41,133 more than it brought in. Its reserves stood at about 0.5 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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