Plumbers & Pipefitters Local 525 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,963,418 | −21,167,761 | 33,131,179 | 41.0 | 0% |
| 2013 | 17,940,483 | 20,730,952 | −2,790,469 | -43.2 | 0% |
| 2014 | 16,117,455 | 70,135,509 | −54,018,054 | -26.2 | 0% |
| 2015 | 16,318,291 | 16,920,084 | −601,793 | -109.6 | 0% |
| 2016 | 39,369,125 | 15,428,517 | 23,940,608 | -100.7 | 0% |
| 2017 | 23,794,653 | 16,754,414 | 7,040,239 | -87.2 | 0% |
| 2018 | 13,884,056 | 19,933,254 | −6,049,198 | -76.9 | 0% |
| 2019 | 27,689,508 | 87,860,920 | −60,171,412 | -25.5 | 0% |
| 2020 | 26,798,826 | 32,772,825 | −5,973,999 | -70.5 | 0% |
| 2021 | 24,246,834 | 102,849,268 | −78,602,434 | -31.7 | 0% |
| 2022 | 107,843,595 | 27,267,468 | 80,576,127 | -85.1 | 0% |
| 2023 | 59,120,235 | 33,130,670 | 25,989,565 | -59.7 | 0% |
In its most recent public year (2023), this organization brought in $25,989,565 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-59.7 months), down from 41 in 2012. 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
Plumbers & Pipefitters Local 525 Health & Welfare Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works