Standard Steel Voluntary Employee Benefits Association Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 342,343 | 1,174,120 | −831,777 | 94.1 | 0% |
| 2020 | 473,193 | 1,057,020 | −583,827 | 102.9 | 0% |
| 2021 | 480,491 | 920,839 | −440,348 | 115.8 | 0% |
| 2022 | 152,857 | 996,587 | −843,730 | 80.1 | 0% |
| 2023 | 281,977 | 993,312 | −711,335 | 78.1 | 0% |
In its most recent public year (2023), this organization spent $711,335 more than it brought in. Its reserves stood at about 78.1 months of spending, down from 94.1 in 2019. 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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