Ibew Local 701 Supplemental Unemployment Benefit Fund Of The
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 33,983 | 96,444 | −62,461 | 176.8 | 0% |
| 2020 | 50,182 | 122,826 | −72,644 | 135.0 | 0% |
| 2021 | 199,945 | 172,378 | 27,567 | 101.5 | 0% |
| 2022 | 192,407 | 68,400 | 124,007 | 265.2 | 0% |
| 2023 | 54,379 | 57,899 | −3,520 | 304.6 | 0% |
In its most recent public year (2023), this organization spent $3,520 more than it brought in. Its reserves stood at about 304.6 months of spending, up from 176.8 in 2019. 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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