Alpena Power Company Retiree Health And Welfare Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 346,724 | 195,488 | 151,236 | 76.7 | 0% |
| 2012 | 412,430 | 238,532 | 173,898 | 76.4 | 0% |
| 2013 | 491,934 | 230,880 | 261,054 | 96.7 | 0% |
| 2014 | 557,681 | 239,992 | 317,689 | 112.3 | 0% |
| 2015 | 581,080 | 189,378 | 391,702 | 162.0 | 0% |
| 2016 | 212,573 | 194,247 | 18,326 | 168.7 | 0% |
| 2017 | 314,396 | 226,228 | 88,168 | 166.8 | 0% |
| 2018 | 235,491 | 237,981 | −2,490 | 143.6 | 0% |
| 2019 | 78,805 | 249,693 | −170,888 | 153.3 | 0% |
| 2020 | 300,643 | 277,524 | 23,119 | 153.4 | 0% |
| 2021 | 101,490 | 255,694 | −154,204 | 176.4 | 0% |
| 2022 | 251,647 | 244,895 | 6,752 | 160.2 | 0% |
| 2023 | 137,853 | 284,421 | −146,568 | 146.1 | 0% |
In its most recent public year (2023), this organization spent $146,568 more than it brought in. Its reserves stood at about 146.1 months of spending, up from 76.7 in 2011. 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
Alpena Power Company Retiree Health And Welfare Benefit 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