Local 580 Labor Management Promotion Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 190,644 | 25,640 | 165,004 | 216.5 | — |
| 2012 | 279,295 | 27,689 | 251,606 | 309.5 | 0% |
| 2013 | 314,107 | 48,153 | 265,954 | 244.3 | 33% |
| 2014 | 368,363 | 129,589 | 238,774 | 113.0 | 43% |
| 2015 | 557,361 | 106,885 | 450,476 | 187.5 | 50% |
| 2016 | 622,250 | 132,083 | 490,167 | 196.3 | 52% |
| 2017 | 680,591 | 169,278 | 511,313 | 189.3 | 54% |
| 2018 | 709,288 | 193,759 | 515,529 | 197.2 | 49% |
| 2019 | 603,653 | 168,496 | 435,157 | 257.6 | 49% |
| 2020 | 402,318 | 191,263 | 211,055 | 240.3 | 45% |
| 2021 | 419,330 | 212,550 | 206,780 | 227.6 | 41% |
| 2022 | 350,698 | 201,300 | 149,398 | 241.3 | 46% |
| 2023 | 378,443 | 172,180 | 206,263 | 306.4 | 50% |
In its most recent public year (2023), this organization brought in $206,263 more than it spent. Its reserves stood at about 306.4 months of spending, up from 216.5 in 2011. Staff pay was 50% 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 580 Labor Management Promotion 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