Northwest Airlines Section 1114 Veba Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,237,698 | 8,392,671 | −7,154,973 | 69.4 | 0% |
| 2012 | 1,096,355 | 7,411,355 | −6,315,000 | 68.7 | 0% |
| 2013 | 469,522 | 5,922,310 | −5,452,788 | 77.9 | 0% |
| 2014 | 834,223 | 5,063,073 | −4,228,850 | 81.2 | 0% |
| 2015 | 733,076 | 4,245,111 | −3,512,035 | 87.9 | 0% |
| 2016 | 389,911 | 3,802,206 | −3,412,295 | 86.4 | 0% |
| 2017 | 1,021,116 | 3,876,982 | −2,855,866 | 75.5 | 0% |
| 2018 | 792,201 | 3,375,350 | −2,583,149 | 76.9 | 0% |
| 2019 | 757,684 | 2,814,983 | −2,057,299 | 84.0 | 0% |
| 2020 | 2,419,518 | 2,551,852 | −132,334 | 84.6 | 0% |
| 2021 | 472,631 | 2,382,342 | −1,909,711 | 86.1 | 1% |
| 2022 | 465,152 | 2,098,609 | −1,633,457 | 81.6 | 1% |
| 2023 | 267,868 | 1,810,312 | −1,542,444 | 83.9 | 1% |
In its most recent public year (2023), this organization spent $1,542,444 more than it brought in. Its reserves stood at about 83.9 months of spending, up from 69.4 in 2011. Staff pay was 1% 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
Northwest Airlines Section 1114 Veba Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works