Operating Engineers Apprenticeship Trust Fund Local 649
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,198,474 | 1,667,391 | 531,083 | 16.9 | 39% |
| 2013 | 2,405,164 | 1,845,746 | 559,418 | 18.9 | 35% |
| 2014 | 3,394,121 | 2,065,902 | 1,328,219 | 24.6 | 35% |
| 2015 | 3,084,924 | 2,262,472 | 822,452 | 26.8 | 35% |
| 2016 | 3,113,197 | 2,613,545 | 499,652 | 25.5 | 32% |
| 2017 | 2,916,520 | 2,716,886 | 199,634 | 25.4 | 31% |
| 2018 | 2,213,566 | 2,579,135 | −365,569 | 25.1 | 33% |
| 2019 | 2,792,700 | 2,386,390 | 406,310 | 29.1 | 32% |
| 2020 | 3,603,707 | 2,125,170 | 1,478,537 | 41.1 | 29% |
| 2021 | 4,355,753 | 2,343,470 | 2,012,283 | 47.6 | 26% |
| 2022 | 4,315,433 | 2,668,687 | 1,646,746 | 49.2 | 25% |
| 2023 | 4,601,454 | 3,069,175 | 1,532,279 | 48.7 | 24% |
In its most recent public year (2023), this organization brought in $1,532,279 more than it spent. Its reserves stood at about 48.7 months of spending, up from 16.9 in 2012. Staff pay was 24% 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
Operating Engineers Apprenticeship Trust Fund Local 649'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