Ak Steel Corporation Voluntary Employees Beneficiary Associaiton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18 | 203,628 | −203,610 | 116.6 | 0% |
| 2012 | 69,743 | 186,390 | −116,647 | 119.9 | 3% |
| 2013 | 181 | 72,931 | −72,750 | 295.7 | 0% |
| 2018 | 715,603 | 419,346 | 296,257 | 8.5 | 0% |
| 2019 | 2,404,796 | 610,589 | 1,794,207 | 41.1 | 0% |
| 2020 | 2,120,614 | 186,477 | 1,934,137 | 259.0 | 0% |
| 2021 | 2,134,370 | 80,205 | 2,054,165 | 909.5 | 0% |
| 2022 | 2,240,255 | 63,128 | 2,177,127 | 1569.4 | 18% |
| 2023 | 2,552,547 | 224,791 | 2,327,756 | 565.0 | 3% |
In its most recent public year (2023), this organization brought in $2,327,756 more than it spent. Its reserves stood at about 565 months of spending, up from 116.6 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
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