Laborers Metropolitan Detroit Health And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,789,902 | 26,734,349 | −5,944,447 | 16.6 | 0% |
| 2012 | 19,867,266 | 23,477,505 | −3,610,239 | 17.5 | 0% |
| 2013 | 19,448,450 | 22,581,130 | −3,132,680 | 17.0 | 0% |
| 2014 | 22,616,160 | 24,111,276 | −1,495,116 | 15.7 | 0% |
| 2015 | 25,319,526 | 22,574,940 | 2,744,586 | 18.2 | 0% |
| 2016 | 25,538,556 | 25,767,032 | −228,476 | 16.5 | 0% |
| 2017 | 28,403,212 | 23,727,260 | 4,675,952 | 21.5 | 0% |
| 2018 | 31,153,969 | 24,828,760 | 6,325,209 | 23.3 | 0% |
| 2019 | 28,664,189 | 25,659,364 | 3,004,825 | 24.3 | 0% |
| 2020 | 29,150,734 | 25,592,623 | 3,558,111 | 27.1 | 0% |
| 2021 | 32,851,254 | 28,972,358 | 3,878,896 | 28.3 | 0% |
| 2022 | 30,067,137 | 29,303,985 | 763,152 | 21.7 | 0% |
| 2023 | 31,344,316 | 29,458,233 | 1,886,083 | 24.3 | 0% |
In its most recent public year (2023), this organization brought in $1,886,083 more than it spent. Its reserves stood at about 24.3 months of spending, up from 16.6 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
Laborers Metropolitan Detroit Health And 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