Teamsters Industry Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 4,834,039 | 2,904,787 | 1,929,252 | 43.1 | 0% |
| 2011 | 4,853,228 | 3,440,544 | 1,412,684 | 39.3 | 0% |
| 2012 | 6,341,600 | 4,012,406 | 2,329,194 | 37.6 | 0% |
| 2013 | 5,393,981 | 4,488,669 | 905,312 | 36.1 | 0% |
| 2014 | 6,247,084 | 4,926,662 | 1,320,422 | 34.8 | 0% |
| 2015 | 6,599,137 | 5,480,198 | 1,118,939 | 33.5 | 0% |
| 2016 | 7,150,977 | 5,381,371 | 1,769,606 | 37.6 | 0% |
| 2017 | 11,850,005 | 5,910,882 | 5,939,123 | 40.1 | 0% |
| 2018 | 15,252,369 | 7,833,279 | 7,419,090 | 34.9 | 0% |
| 2019 | 20,435,103 | 9,403,743 | 11,031,360 | 41.0 | 0% |
| 2020 | 13,984,378 | 10,705,008 | 3,279,370 | 42.3 | 0% |
| 2021 | 15,012,205 | 10,412,505 | 4,599,700 | 51.1 | 0% |
| 2022 | 12,411,433 | 10,448,008 | 1,963,425 | 51.3 | 0% |
| 2023 | 11,066,747 | 10,511,453 | 555,294 | 54.5 | 0% |
In its most recent public year (2023), this organization brought in $555,294 more than it spent. Its reserves stood at about 54.5 months of spending, up from 43.1 in 2010. 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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