Sheet Metal Workers Local 7 Zone 3 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,402,221 | 3,275,736 | 126,485 | 11.5 | 0% |
| 2012 | 3,072,416 | 3,409,451 | −337,035 | 9.9 | 0% |
| 2013 | 2,796,775 | 2,735,294 | 61,481 | 12.6 | 0% |
| 2014 | 2,929,505 | 2,929,023 | 482 | 11.7 | 0% |
| 2015 | 3,032,087 | 3,213,089 | −181,002 | 10.0 | 0% |
| 2016 | 3,048,973 | 3,324,995 | −276,022 | 8.7 | 0% |
| 2017 | 3,057,330 | 3,388,575 | −331,245 | 7.4 | 0% |
| 2018 | 3,343,866 | 3,383,963 | −40,097 | 7.2 | 0% |
| 2019 | 3,497,547 | 3,777,749 | −280,202 | 5.6 | 0% |
| 2020 | 3,484,746 | 3,142,094 | 342,652 | 8.0 | 0% |
| 2021 | 3,686,944 | 3,934,367 | −247,423 | 5.6 | 0% |
| 2022 | 3,092,759 | 4,048,254 | −955,495 | 3.5 | 0% |
| 2023 | 3,311,059 | 4,190,147 | −879,088 | 4.1 | 0% |
In its most recent public year (2023), this organization spent $879,088 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 11.5 in 2011. Staff pay was 0% 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
Sheet Metal Workers Local 7 Zone 3 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