Roofers Union Local No 70 Insurance Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,280,234 | 2,546,418 | 733,816 | 19.6 | 2% |
| 2013 | 2,949,349 | 2,377,697 | 571,652 | 24.1 | 2% |
| 2014 | 3,550,159 | 3,082,119 | 468,040 | 19.5 | 1% |
| 2015 | 3,845,462 | 3,349,117 | 496,345 | 19.5 | 1% |
| 2016 | 4,093,376 | 3,912,789 | 180,587 | 16.8 | 1% |
| 2017 | 4,284,587 | 4,485,997 | −201,410 | 14.1 | 1% |
| 2018 | 4,684,344 | 4,866,832 | −182,488 | 12.6 | 1% |
| 2019 | 5,104,562 | 4,687,604 | 416,958 | 13.8 | 1% |
| 2020 | 4,874,225 | 4,918,294 | −44,069 | 13.2 | 1% |
| 2021 | 5,313,300 | 4,705,756 | 607,544 | 15.3 | 1% |
| 2022 | 5,409,425 | 4,336,555 | 1,072,870 | 18.5 | 1% |
| 2023 | 5,731,405 | 4,974,562 | 756,843 | 18.2 | 1% |
In its most recent public year (2023), this organization brought in $756,843 more than it spent. Its reserves stood at about 18.2 months of spending, down from 19.6 in 2012. Staff pay was 1% 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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