Steamfitting Industry Labor Management Cooperation Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 185,535 | 105,470 | 80,065 | 59.4 | 11% |
| 2020 | 145,206 | 55,302 | 89,904 | 132.8 | 22% |
| 2021 | 152,774 | 92,210 | 60,564 | 87.5 | 26% |
| 2022 | 151,050 | 132,785 | 18,265 | 62.4 | 26% |
| 2023 | 161,422 | 218,107 | −56,685 | 34.9 | 19% |
In its most recent public year (2023), this organization spent $56,685 more than it brought in. Its reserves stood at about 34.9 months of spending, down from 59.4 in 2019. Staff pay was 19% 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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