Iatse Local Union 479 Building Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 519,398 | 545,854 | −26,456 | 161.5 | 4% |
| 2021 | 326,243 | 728,242 | −401,999 | 115.2 | 3% |
| 2022 | 539,526 | 760,573 | −221,047 | 111.7 | 3% |
| 2023 | 727,528 | 866,372 | −138,844 | 96.2 | 6% |
In its most recent public year (2023), this organization spent $138,844 more than it brought in. Its reserves stood at about 96.2 months of spending, down from 161.5 in 2020. Staff pay was 6% 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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