Monroe Plumbers Local 671 Health & Welfare Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,020,038 | 4,324,213 | −304,175 | 10.6 | 0% |
| 2022 | 5,175,277 | 5,833,163 | −657,886 | 5.8 | 0% |
| 2023 | 5,587,877 | 5,582,129 | 5,748 | 5.8 | 0% |
In its most recent public year (2023), this organization brought in $5,748 more than it spent. Its reserves stood at about 5.8 months of spending, down from 10.6 in 2021. 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
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