Pipe Fitters Welfare Fund Local 597
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 113,906,597 | 100,321,889 | 13,584,708 | 26.4 | 1% |
| 2012 | 122,814,741 | 109,777,996 | 13,036,745 | 26.7 | 1% |
| 2013 | 132,520,660 | 116,193,839 | 16,326,821 | 32.3 | 1% |
| 2014 | 131,689,682 | 138,339,325 | −6,649,643 | 27.2 | 1% |
| 2015 | 135,914,692 | 137,696,537 | −1,781,845 | 26.8 | 1% |
| 2016 | 131,220,195 | 142,616,472 | −11,396,277 | 26.4 | 1% |
| 2017 | 146,920,212 | 148,099,348 | −1,179,136 | 26.6 | 1% |
| 2018 | 153,047,788 | 153,016,262 | 31,526 | 24.7 | 1% |
| 2019 | 158,144,771 | 166,305,945 | −8,161,174 | 24.0 | 1% |
| 2020 | 154,412,545 | 163,798,749 | −9,386,204 | 24.8 | 1% |
| 2021 | 170,883,108 | 174,759,319 | −3,876,211 | 23.5 | 1% |
| 2022 | 167,682,021 | 180,488,844 | −12,806,823 | 19.4 | 1% |
| 2023 | 169,209,536 | 168,379,051 | 830,485 | 22.7 | 1% |
In its most recent public year (2023), this organization brought in $830,485 more than it spent. Its reserves stood at about 22.7 months of spending, down from 26.4 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
Pipe Fitters Welfare Fund Local 597'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