Iron Workers Local Union No 12 And Employers Cooperative Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 521,278 | 318,940 | 202,338 | 33.4 | 0% |
| 2013 | 401,575 | 540,759 | −139,184 | 16.6 | 0% |
| 2014 | 588,702 | 557,409 | 31,293 | 16.8 | 0% |
| 2015 | 563,897 | 504,764 | 59,133 | 19.9 | 0% |
| 2016 | 477,632 | 407,500 | 70,132 | 26.8 | 0% |
| 2017 | 443,461 | 749,005 | −305,544 | 9.7 | 0% |
| 2018 | 364,627 | 378,494 | −13,867 | 18.7 | 0% |
| 2019 | 430,018 | 405,290 | 24,728 | 18.2 | 0% |
| 2020 | 494,732 | 505,827 | −11,095 | 14.3 | 0% |
| 2021 | 391,762 | 773,329 | −381,567 | 3.4 | 0% |
| 2022 | 390,560 | 476,288 | −85,728 | 3.4 | 0% |
| 2023 | 434,008 | 289,409 | 144,599 | 11.6 | 0% |
In its most recent public year (2023), this organization brought in $144,599 more than it spent. Its reserves stood at about 11.6 months of spending, down from 33.4 in 2012. 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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