Neca - Ibew No 176 Jatc Electrical Joint Apprenticeship Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,211,362 | 1,901,044 | 310,318 | 38.0 | 42% |
| 2020 | 2,448,838 | 1,847,179 | 601,659 | 44.2 | 44% |
| 2021 | 3,159,503 | 1,928,591 | 1,230,912 | 50.7 | 44% |
| 2022 | 2,813,551 | 1,877,730 | 935,821 | 55.2 | 45% |
| 2023 | 2,707,934 | 1,935,449 | 772,485 | 58.1 | 46% |
In its most recent public year (2023), this organization brought in $772,485 more than it spent. Its reserves stood at about 58.1 months of spending, up from 38 in 2019. Staff pay was 46% 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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