Electrical Workers Insurance Benefit Fund Local 481
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,554,892 | 25,263,746 | 291,146 | -13.1 | 1% |
| 2012 | 25,631,730 | 27,117,016 | −1,485,286 | -13.7 | 0% |
| 2013 | 27,916,361 | 26,762,540 | 1,153,821 | -0.3 | 0% |
| 2014 | 24,834,784 | 27,790,853 | −2,956,069 | -5.4 | 0% |
| 2015 | 27,297,855 | 29,392,516 | −2,094,661 | 45.5 | 1% |
| 2016 | 30,959,098 | 32,439,878 | −1,480,780 | 41.4 | 1% |
| 2017 | 32,641,702 | 33,278,706 | −637,004 | 42.8 | 1% |
| 2018 | 31,663,503 | 40,652,180 | −8,988,677 | 31.0 | 1% |
| 2019 | 41,696,842 | 36,329,730 | 5,367,112 | 41.4 | 1% |
| 2020 | 49,482,566 | 33,873,746 | 15,608,820 | 53.2 | 1% |
| 2021 | 49,044,150 | 36,164,140 | 12,880,010 | 57.6 | 1% |
| 2022 | 43,680,458 | 38,970,881 | 4,709,577 | 48.7 | 1% |
| 2023 | 53,581,724 | 38,321,008 | 15,260,716 | 58.5 | 1% |
In its most recent public year (2023), this organization brought in $15,260,716 more than it spent. Its reserves stood at about 58.5 months of spending, up from -13.1 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
Electrical Workers Insurance Benefit Fund Local 481'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