Plumbers Union-55 Health & Welfare Fund Plum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,341,802 | 8,477,993 | −1,136,191 | 9.3 | 0% |
| 2021 | 6,765,314 | 6,988,906 | −223,592 | 12.0 | 0% |
| 2022 | 6,956,726 | 7,932,919 | −976,193 | 8.4 | 0% |
| 2023 | 8,177,372 | 7,378,947 | 798,425 | 10.1 | 0% |
In its most recent public year (2023), this organization brought in $798,425 more than it spent. Its reserves stood at about 10.1 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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