Teamsters Local Union 348 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,946,652 | 8,064,818 | −1,118,166 | 1.5 | 1% |
| 2012 | 7,185,132 | 7,479,766 | −294,634 | 0.8 | 1% |
| 2013 | 7,672,990 | 7,621,129 | 51,861 | 0.8 | 1% |
| 2014 | 7,574,207 | 8,046,054 | −471,847 | 0.1 | 1% |
| 2015 | 7,439,663 | 6,731,627 | 708,036 | 1.4 | 1% |
| 2016 | 7,965,863 | 7,074,817 | 891,046 | 2.9 | 1% |
| 2017 | 8,021,885 | 7,258,747 | 763,138 | 4.1 | 1% |
| 2018 | 7,288,930 | 6,403,596 | 885,334 | 6.3 | 1% |
| 2019 | 7,616,192 | 6,441,482 | 1,174,710 | 8.4 | 1% |
| 2020 | 8,141,876 | 6,633,828 | 1,508,048 | 10.9 | 1% |
| 2021 | 8,867,898 | 7,126,135 | 1,741,763 | 13.1 | 1% |
| 2022 | 9,456,974 | 7,261,488 | 2,195,486 | 16.3 | 1% |
| 2023 | 9,927,553 | 7,242,239 | 2,685,314 | 21.0 | 1% |
In its most recent public year (2023), this organization brought in $2,685,314 more than it spent. Its reserves stood at about 21 months of spending, up from 1.5 in 2011. Staff pay was 1% 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
Teamsters Local Union 348 Health & Welfare Fund'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