Plumbers & Pipefitters Health & Welfare Insurance Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,482,604 | 12,102,805 | 379,799 | 9.0 | 1% |
| 2012 | 3,977,044 | 3,876,103 | 100,941 | 29.2 | 4% |
| 2013 | 3,487,436 | 3,273,185 | 214,251 | 36.0 | 5% |
| 2014 | 3,079,250 | 3,178,699 | −99,449 | 37.2 | 8% |
| 2015 | 2,838,615 | 2,719,010 | 119,605 | 43.2 | 6% |
| 2016 | 2,825,598 | 3,643,413 | −817,815 | 30.1 | 5% |
| 2017 | 3,782,252 | 3,085,412 | 696,840 | 36.7 | 1% |
| 2018 | 3,121,244 | 2,941,695 | 179,549 | 37.3 | 5% |
| 2019 | 3,086,689 | 3,457,445 | −370,756 | 34.2 | 5% |
| 2020 | 2,764,708 | 3,201,942 | −437,234 | 38.3 | 5% |
| 2021 | 4,869,587 | 3,412,709 | 1,456,878 | 36.5 | 5% |
| 2022 | 3,576,318 | 3,838,727 | −262,409 | 26.6 | 5% |
| 2023 | 2,627,045 | 5,494,291 | −2,867,246 | 15.2 | 3% |
In its most recent public year (2023), this organization spent $2,867,246 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 9 in 2011. Staff pay was 3% 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
Plumbers & Pipefitters Health & Welfare Insurance Trust'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