Local 734 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 16,123,641 | 15,501,691 | 621,950 | 14.7 | 2% |
| 2013 | 15,370,624 | 13,568,045 | 1,802,579 | 18.3 | 2% |
| 2014 | 12,622,075 | 10,833,538 | 1,788,537 | 25.0 | 2% |
| 2015 | 12,839,299 | 12,320,530 | 518,769 | 22.4 | 2% |
| 2016 | 13,099,662 | 12,721,590 | 378,072 | 21.7 | 2% |
| 2017 | 13,349,331 | 13,526,759 | −177,428 | 20.4 | 2% |
| 2018 | 13,150,868 | 12,982,683 | 168,185 | 21.1 | 2% |
| 2019 | 12,011,834 | 15,448,210 | −3,436,376 | 15.0 | 2% |
| 2020 | 12,099,411 | 14,896,708 | −2,797,297 | 13.2 | 0% |
| 2021 | 11,857,868 | 13,016,686 | −1,158,818 | 14.6 | 0% |
| 2022 | 8,774,765 | 7,815,930 | 958,835 | 22.6 | 2% |
| 2023 | 15,239,560 | 16,905,996 | −1,666,436 | 9.9 | 1% |
In its most recent public year (2023), this organization spent $1,666,436 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 14.7 in 2012. 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
Local 734 Welfare Fund'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