Pipefitters Local 120 Supplemental Unemploymental Benefits Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,263,220 | 948,078 | 315,142 | 113.7 | 0% |
| 2021 | 2,335,618 | 790,960 | 1,544,658 | 142.4 | 0% |
| 2022 | 599,729 | 602,262 | −2,533 | 164.6 | 0% |
| 2023 | 584,820 | 464,724 | 120,096 | 237.1 | 0% |
In its most recent public year (2023), this organization brought in $120,096 more than it spent. Its reserves stood at about 237.1 months of spending, up from 113.7 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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