Sheet Metal Workers Local Union 33 Cleveland District Joint
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,233,311 | 908,014 | 325,297 | 20.1 | 35% |
| 2021 | 1,206,038 | 918,919 | 287,119 | 23.6 | 30% |
| 2022 | 1,231,197 | 993,886 | 237,311 | 24.7 | 29% |
| 2023 | 1,352,001 | 1,006,251 | 345,750 | 28.5 | 32% |
In its most recent public year (2023), this organization brought in $345,750 more than it spent. Its reserves stood at about 28.5 months of spending, up from 20.1 in 2020. Staff pay was 32% 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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