Plumbers & Pipefitters Local 162 Health & Insurance Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,495,874 | 4,914,574 | 581,300 | 21.9 | 2% |
| 2012 | 5,025,145 | 5,005,873 | 19,272 | 21.7 | 1% |
| 2013 | 4,697,040 | 5,093,894 | −396,854 | 20.7 | 1% |
| 2014 | 4,209,855 | 4,676,480 | −466,625 | 21.6 | 0% |
| 2015 | 4,637,368 | 5,435,455 | −798,087 | 16.9 | 0% |
| 2016 | 4,942,336 | 5,272,993 | −330,657 | 16.9 | 0% |
| 2017 | 5,174,421 | 5,368,570 | −194,149 | 16.5 | 0% |
| 2018 | 5,512,018 | 6,386,436 | −874,418 | 12.5 | 0% |
| 2019 | 6,817,265 | 7,748,437 | −931,172 | 9.3 | 0% |
| 2020 | 7,566,136 | 7,865,639 | −299,503 | 8.9 | 0% |
| 2021 | 7,981,723 | 6,773,520 | 1,208,203 | 13.6 | 0% |
| 2022 | 8,894,165 | 8,176,649 | 717,516 | 11.1 | 0% |
| 2023 | 9,960,904 | 8,904,749 | 1,056,155 | 11.8 | 0% |
In its most recent public year (2023), this organization brought in $1,056,155 more than it spent. Its reserves stood at about 11.8 months of spending, down from 21.9 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
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