Plumbers And Steamfitters Local Number 42 Health And Welfare Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,371,424 | 4,695,136 | −1,323,712 | -20.0 | 1% |
| 2013 | 3,239,228 | 4,303,625 | −1,064,397 | -25.0 | 1% |
| 2014 | 3,836,359 | 4,522,281 | −685,922 | -25.4 | 1% |
| 2015 | 4,229,304 | 5,083,334 | −854,030 | -24.4 | 1% |
| 2016 | 4,344,282 | 5,254,231 | −909,949 | -25.6 | 1% |
| 2017 | 4,089,729 | 3,153,470 | 936,259 | -39.3 | 2% |
| 2018 | 4,287,137 | 2,874,145 | 1,412,992 | -37.5 | 2% |
| 2019 | 5,062,228 | 721,398 | 4,340,830 | -76.4 | 7% |
| 2020 | 5,220,291 | 3,429,893 | 1,790,398 | -9.5 | 2% |
| 2021 | 4,929,608 | 2,080,599 | 2,849,009 | 1.5 | 3% |
| 2022 | 5,632,199 | 3,164,399 | 2,467,800 | 9.3 | 2% |
| 2023 | 5,206,559 | 3,494,172 | 1,712,387 | 14.3 | 2% |
In its most recent public year (2023), this organization brought in $1,712,387 more than it spent. Its reserves stood at about 14.3 months of spending, up from -20 in 2012. Staff pay was 2% 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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