Sheet Metal Workers Health & Welfare
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,018,518 | 9,852,961 | −2,834,443 | 19.4 | 0% |
| 2012 | 7,676,524 | 8,193,352 | −516,828 | 23.2 | 0% |
| 2013 | 8,746,988 | 8,506,344 | 240,644 | 22.9 | 0% |
| 2014 | 7,476,679 | 7,984,373 | −507,694 | 23.7 | 0% |
| 2015 | 7,517,445 | 7,118,572 | 398,873 | 27.6 | 0% |
| 2016 | 8,490,080 | 7,292,274 | 1,197,806 | 28.6 | 0% |
| 2017 | 7,956,292 | 7,299,076 | 657,216 | 30.1 | 0% |
| 2018 | 8,980,629 | 7,070,910 | 1,909,719 | 33.9 | 0% |
| 2019 | 9,532,819 | 8,553,286 | 979,533 | 29.8 | 0% |
| 2020 | 9,533,424 | 8,062,773 | 1,470,651 | 34.4 | 0% |
| 2021 | 9,265,013 | 7,681,038 | 1,583,975 | 40.1 | 0% |
| 2022 | 10,188,847 | 9,690,800 | 498,047 | 30.3 | 0% |
| 2023 | 11,432,399 | 9,443,616 | 1,988,783 | 32.6 | 0% |
In its most recent public year (2023), this organization brought in $1,988,783 more than it spent. Its reserves stood at about 32.6 months of spending, up from 19.4 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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