Local 237 Islip Health & Welfare Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 294,709 | 163,305 | 131,404 | 19.1 | 0% |
| 2021 | 137,022 | 197,599 | −60,577 | 12.1 | 0% |
| 2022 | 135,741 | 209,196 | −73,455 | 7.3 | 0% |
| 2023 | 363,155 | 235,168 | 127,987 | 13.2 | 0% |
In its most recent public year (2023), this organization brought in $127,987 more than it spent. Its reserves stood at about 13.2 months of spending, down from 19.1 in 2020. 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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