Local 1010 Apprenticeship Skill Improvement And Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 184,777 | 67,467 | 117,310 | 20.9 | — |
| 2012 | 192,427 | 153,281 | 39,146 | 12.2 | — |
| 2013 | 370,904 | 197,006 | 173,898 | 20.1 | 0% |
| 2014 | 300,719 | 185,765 | 114,954 | 28.8 | 0% |
| 2015 | 441,255 | 347,698 | 93,557 | 18.6 | 0% |
| 2016 | 842,974 | 450,797 | 392,177 | 24.8 | 28% |
| 2017 | 1,595,113 | 509,900 | 1,085,213 | 47.5 | 30% |
| 2018 | 2,391,171 | 935,409 | 1,455,762 | 44.5 | 28% |
| 2019 | 3,116,421 | 1,464,788 | 1,651,633 | 41.9 | 28% |
| 2020 | 3,335,380 | 1,549,959 | 1,785,421 | 53.3 | 32% |
| 2021 | 2,539,292 | 1,686,661 | 852,631 | 59.1 | 32% |
| 2022 | 3,195,138 | 1,976,347 | 1,218,791 | 51.4 | 31% |
| 2023 | 2,738,286 | 2,181,104 | 557,182 | 52.0 | 31% |
| 2024 | 3,374,193 | 2,366,032 | 1,008,161 | 56.1 | 32% |
In its most recent public year (2024), this organization brought in $1,008,161 more than it spent. Its reserves stood at about 56.1 months of spending, up from 20.9 in 2011. Staff pay was 32% 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 2024. 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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