Michigan Conference Of Teamsters Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 198,044,613 | 188,260,962 | 9,783,651 | 17.9 | 3% |
| 2012 | 202,147,018 | 192,778,725 | 9,368,293 | 18.3 | 3% |
| 2013 | 202,428,383 | 197,410,621 | 5,017,762 | 19.2 | 3% |
| 2014 | 216,175,981 | 212,403,102 | 3,772,879 | 19.2 | 3% |
| 2015 | 243,408,419 | 206,961,064 | 36,447,355 | 22.3 | 3% |
| 2016 | 248,093,508 | 213,295,322 | 34,798,186 | 22.7 | 3% |
| 2017 | 269,164,066 | 240,848,359 | 28,315,707 | 22.5 | 2% |
| 2018 | 302,583,460 | 258,281,649 | 44,301,811 | 23.7 | 2% |
| 2019 | 293,490,762 | 273,950,237 | 19,540,525 | 23.0 | 2% |
| 2020 | 300,801,824 | 304,029,748 | −3,227,924 | 18.9 | 2% |
| 2021 | 339,488,401 | 294,990,009 | 44,498,392 | 25.8 | 2% |
| 2022 | 385,297,101 | 317,695,434 | 67,601,667 | 23.7 | 2% |
| 2023 | 330,977,748 | 332,761,733 | −1,783,985 | 21.0 | 2% |
In its most recent public year (2023), this organization spent $1,783,985 more than it brought in. Its reserves stood at about 21 months of spending, up from 17.9 in 2011. Staff pay was 2% 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
Michigan Conference Of Teamsters Welfare Fund'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