Board Of Trustees Of National Iam B Enefit Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,456,886 | 53,546,047 | 5,910,839 | 11.8 | 2% |
| 2012 | 65,747,190 | 59,755,169 | 5,992,021 | 12.2 | 2% |
| 2013 | 63,988,057 | 59,106,834 | 4,881,223 | 13.5 | 2% |
| 2014 | 70,173,716 | 64,600,398 | 5,573,318 | 13.7 | 2% |
| 2015 | 70,348,841 | 65,237,396 | 5,111,445 | 14.2 | 2% |
| 2016 | 69,280,803 | 67,770,648 | 1,510,155 | 14.4 | 2% |
| 2017 | 22,800,762 | 19,443,842 | 3,356,920 | 56.9 | 2% |
| 2018 | 94,306,463 | 88,883,649 | 5,422,814 | 12.6 | 1% |
| 2019 | 109,829,523 | 106,526,910 | 3,302,613 | 11.6 | 1% |
| 2020 | 105,163,582 | 105,452,034 | −288,452 | 11.9 | 1% |
| 2021 | 109,808,800 | 114,391,463 | −4,582,663 | 11.1 | 2% |
| 2022 | 114,488,739 | 112,190,646 | 2,298,093 | 10.2 | 2% |
| 2023 | 125,418,328 | 136,216,516 | −10,798,188 | 8.2 | 1% |
In its most recent public year (2023), this organization spent $10,798,188 more than it brought in. Its reserves stood at about 8.2 months of spending, down from 11.8 in 2011. 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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