Smart Local 265 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,822,392 | 23,060,747 | 3,761,645 | 18.8 | 2% |
| 2012 | 25,036,517 | 23,240,920 | 1,795,597 | 20.0 | 2% |
| 2013 | 24,242,546 | 22,518,497 | 1,724,049 | 21.4 | 2% |
| 2014 | 24,435,974 | 21,310,542 | 3,125,432 | 25.0 | 2% |
| 2015 | 25,297,617 | 24,881,785 | 415,832 | 21.3 | 2% |
| 2016 | 25,302,797 | 26,313,921 | −1,011,124 | 20.0 | 2% |
| 2017 | 26,666,981 | 28,114,833 | −1,447,852 | 18.1 | 2% |
| 2018 | 27,000,132 | 27,188,455 | −188,323 | 18.7 | 2% |
| 2019 | 28,627,550 | 30,201,374 | −1,573,824 | 16.5 | 2% |
| 2020 | 29,208,770 | 29,156,888 | 51,882 | 17.0 | 2% |
| 2021 | 35,875,093 | 30,745,562 | 5,129,531 | 16.7 | 2% |
| 2022 | 27,083,938 | 37,341,688 | −10,257,750 | 9.1 | 2% |
| 2023 | 30,212,937 | 34,391,758 | −4,178,821 | 9.0 | 2% |
In its most recent public year (2023), this organization spent $4,178,821 more than it brought in. Its reserves stood at about 9 months of spending, down from 18.8 in 2011. Staff pay was 2% 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
Smart Local 265 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