Iron Workers Midwest Region Health & Welfare Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,635,782 | 1,990,306 | −354,524 | 3.7 | 0% |
| 2012 | 2,574,845 | 3,080,909 | −506,064 | 0.4 | 0% |
| 2013 | 2,928,495 | 2,747,155 | 181,340 | 1.2 | 0% |
| 2014 | 3,124,440 | 2,574,437 | 550,003 | 3.8 | 0% |
| 2015 | 3,101,471 | 2,939,987 | 161,484 | 4.0 | 0% |
| 2016 | 3,256,109 | 3,088,980 | 167,129 | 4.5 | 0% |
| 2017 | 3,315,298 | 2,680,940 | 634,358 | 8.0 | 0% |
| 2018 | 3,508,383 | 3,123,931 | 384,452 | 8.3 | 0% |
| 2019 | 5,544,194 | 5,831,253 | −287,059 | 4.0 | 0% |
| 2020 | 6,632,994 | 6,815,990 | −182,996 | 3.2 | 0% |
| 2021 | 6,783,158 | 6,167,394 | 615,764 | 4.9 | 0% |
| 2022 | 6,914,241 | 5,456,915 | 1,457,326 | 8.2 | 0% |
| 2023 | 7,223,577 | 5,999,069 | 1,224,508 | 12.2 | 0% |
In its most recent public year (2023), this organization brought in $1,224,508 more than it spent. Its reserves stood at about 12.2 months of spending, up from 3.7 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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