Michigan Electrical Employees Insurance Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,626,006 | 25,973,855 | 1,652,151 | 16.0 | 0% |
| 2012 | 27,366,583 | 26,744,779 | 621,804 | 16.6 | 0% |
| 2013 | 27,919,669 | 26,610,558 | 1,309,111 | 17.2 | 0% |
| 2014 | 30,688,121 | 28,636,554 | 2,051,567 | 18.2 | 0% |
| 2015 | 34,105,483 | 29,158,142 | 4,947,341 | 17.5 | 0% |
| 2016 | 31,942,573 | 33,114,073 | −1,171,500 | 15.5 | 0% |
| 2017 | 33,219,606 | 35,848,114 | −2,628,508 | 13.7 | 0% |
| 2018 | 37,253,227 | 37,358,967 | −105,740 | 13.2 | 0% |
| 2019 | 38,222,490 | 39,242,173 | −1,019,683 | 12.5 | 0% |
| 2020 | 37,852,895 | 37,383,409 | 469,486 | 13.8 | 0% |
| 2021 | 46,423,003 | 46,698,461 | −275,458 | 11.8 | 0% |
| 2022 | 44,503,451 | 40,456,172 | 4,047,279 | 11.9 | 0% |
| 2023 | 47,187,873 | 45,892,148 | 1,295,725 | 11.5 | 0% |
In its most recent public year (2023), this organization brought in $1,295,725 more than it spent. Its reserves stood at about 11.5 months of spending, down from 16 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
Michigan Electrical Employees Insurance 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