Automobile Mechanics-701 Union And Industry Welfare Fund-Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 93,739,920 | 79,219,370 | 14,520,550 | 33.4 | 2% |
| 2021 | 107,015,909 | 93,513,601 | 13,502,308 | 30.2 | 1% |
| 2022 | 101,290,564 | 88,070,487 | 13,220,077 | 30.0 | 1% |
| 2023 | 120,736,960 | 96,707,869 | 24,029,091 | 32.8 | 1% |
In its most recent public year (2023), this organization brought in $24,029,091 more than it spent. Its reserves stood at about 32.8 months of spending. 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
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