Hibbing Joint Venture Retiree Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,082,546 | 137,012 | 6,945,534 | 5345.2 | 100% |
| 2012 | 7,898,335 | 201,476 | 7,696,859 | 4093.4 | 100% |
| 2013 | 9,370,541 | 4,406,136 | 4,964,405 | 200.7 | 0% |
| 2014 | 4,773,667 | 4,765,312 | 8,355 | 185.6 | 0% |
| 2015 | 5,391,574 | 5,006,674 | 384,900 | 177.5 | 0% |
| 2016 | 2,406,228 | 4,343,746 | −1,937,518 | 199.3 | 2% |
| 2017 | 5,594,726 | 8,794,075 | −3,199,349 | 94.1 | 0% |
| 2018 | 2,641,626 | 6,694,224 | −4,052,598 | 116.3 | 0% |
| 2019 | 8,150,126 | 6,092,813 | 2,057,313 | 131.9 | 1% |
| 2020 | 7,849,299 | 4,519,744 | 3,329,555 | 186.6 | 0% |
| 2021 | 2,631,365 | 5,443,371 | −2,812,006 | 148.7 | 0% |
| 2022 | −2,963,987 | 4,683,493 | −7,647,480 | 153.3 | 0% |
| 2023 | 1,603,101 | 2,414,666 | −811,565 | 293.2 | 0% |
In its most recent public year (2023), this organization spent $811,565 more than it brought in. Its reserves stood at about 293.2 months of spending, down from 5345.2 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
Hibbing Joint Venture Retiree Benefit Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works