Ibew Local Union No 212 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,901,332 | 18,497,643 | 403,689 | 15.5 | 0% |
| 2021 | 20,250,861 | 17,317,789 | 2,933,072 | 19.3 | 0% |
| 2022 | 19,242,820 | 19,053,838 | 188,982 | 15.5 | 0% |
| 2023 | 20,215,031 | 19,429,828 | 785,203 | 15.5 | 0% |
In its most recent public year (2023), this organization brought in $785,203 more than it spent. Its reserves stood at about 15.5 months of spending. 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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