Sheet Metal Workers Local 105 Health Reimbursement Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,427,556 | 1,459,014 | −31,458 | 19.3 | 0% |
| 2012 | 1,481,903 | 1,443,292 | 38,611 | 19.9 | 0% |
| 2013 | 1,461,198 | 1,484,721 | −23,523 | 19.1 | 0% |
| 2014 | 1,433,221 | 1,596,539 | −163,318 | 16.6 | 0% |
| 2015 | 1,076,238 | 1,386,221 | −309,983 | 16.4 | 0% |
| 2016 | 1,307,084 | 1,305,638 | 1,446 | 17.4 | 0% |
| 2017 | 1,500,279 | 1,307,724 | 192,555 | 19.2 | 0% |
| 2018 | 4,621,786 | 2,018,337 | 2,603,449 | 28.0 | 0% |
| 2019 | 5,396,785 | 3,667,737 | 1,729,048 | 21.4 | 0% |
| 2020 | 5,682,416 | 4,005,472 | 1,676,944 | 24.7 | 0% |
| 2021 | 5,602,412 | 4,360,468 | 1,241,944 | 27.3 | 0% |
| 2022 | 5,598,227 | 4,954,803 | 643,424 | 22.9 | 0% |
| 2023 | 5,806,522 | 5,350,426 | 456,096 | 22.4 | 0% |
In its most recent public year (2023), this organization brought in $456,096 more than it spent. Its reserves stood at about 22.4 months of spending, up from 19.3 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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