Painters Employers Cooperation & Education Trust Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 273,285 | 297,237 | −23,952 | 1.9 | 26% |
| 2012 | 316,259 | 234,373 | 81,886 | 6.5 | 33% |
| 2013 | 292,884 | 228,329 | 64,555 | 10.1 | 18% |
| 2014 | 339,321 | 217,486 | 121,835 | 17.3 | 0% |
| 2015 | 308,042 | 331,971 | −23,929 | 10.5 | 7% |
| 2016 | 455,735 | 507,942 | −52,207 | 5.6 | 17% |
| 2017 | 582,443 | 571,084 | 11,359 | 5.2 | 21% |
| 2018 | 404,037 | 451,148 | −47,111 | 5.4 | 2% |
| 2019 | 379,722 | 357,444 | 22,278 | 7.5 | 0% |
| 2020 | 377,333 | 403,667 | −26,334 | 5.9 | 0% |
| 2021 | 279,715 | 253,754 | 25,961 | 10.6 | 0% |
| 2022 | 287,457 | 300,111 | −12,654 | 8.5 | 0% |
| 2023 | 324,545 | 223,101 | 101,444 | 16.8 | 0% |
In its most recent public year (2023), this organization brought in $101,444 more than it spent. Its reserves stood at about 16.8 months of spending, up from 1.9 in 2011. Staff pay was 0% of spending. $61,041 of its net assets are donor-restricted.
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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