Local Union 488 Ibew Building Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 443,956 | 107 | 443,849 | 202678.8 | 0% |
| 2012 | 1,182,232 | 401,952 | 780,280 | 77.2 | 0% |
| 2013 | 457,294 | 364,641 | 92,653 | 88.2 | 0% |
| 2014 | 422,748 | 380,543 | 42,205 | 85.8 | 0% |
| 2015 | 411,650 | 337,336 | 74,314 | 99.5 | 0% |
| 2016 | 435,844 | 360,038 | 75,806 | 95.7 | 0% |
| 2017 | 547,536 | 350,080 | 197,456 | 105.2 | 0% |
| 2018 | 754,647 | 386,425 | 368,222 | 107.5 | 0% |
| 2019 | 515,153 | 378,988 | 136,165 | 115.4 | 0% |
| 2020 | 219,373 | 293,684 | −74,311 | 132.8 | 0% |
| 2021 | 417,476 | 333,217 | 84,259 | 120.9 | 0% |
| 2022 | 487,695 | 325,280 | 162,415 | 122.6 | 0% |
| 2023 | 410,560 | 335,793 | 74,767 | 115.3 | 0% |
In its most recent public year (2023), this organization brought in $74,767 more than it spent. Its reserves stood at about 115.3 months of spending, down from 202678.8 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
Local Union 488 Ibew Building Corporation'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