Plumbers & Pipefitters Local 693 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,865,924 | 1,884,676 | −18,752 | 29.7 | 0% |
| 2012 | 2,128,712 | 2,038,609 | 90,103 | 27.8 | 0% |
| 2013 | 1,886,042 | 2,468,598 | −582,556 | 21.1 | 0% |
| 2014 | 2,147,976 | 2,700,191 | −552,215 | 17.7 | 0% |
| 2015 | 2,549,569 | 3,123,587 | −574,018 | 12.7 | 0% |
| 2016 | 2,077,583 | 3,496,053 | −1,418,470 | 6.0 | 0% |
| 2017 | 2,327,052 | 3,030,380 | −703,328 | 4.2 | 0% |
| 2018 | 2,350,895 | 2,748,047 | −397,152 | 2.9 | 0% |
| 2019 | 2,245,240 | 2,816,614 | −571,374 | 0.3 | 0% |
| 2020 | 241,814 | 586,649 | −344,835 | -5.4 | 0% |
| 2021 | 196,421 | 102,345 | 94,076 | -19.8 | 17% |
| 2022 | 485,774 | 71,154 | 414,620 | 41.4 | 0% |
| 2023 | 213,347 | 77,837 | 135,510 | 58.8 | 0% |
In its most recent public year (2023), this organization brought in $135,510 more than it spent. Its reserves stood at about 58.8 months of spending, up from 29.7 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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