Michigan Regional Council Of Carpenters Employee Benes Veba Fd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,583,043 | 53,092,059 | −1,509,016 | -6.7 | 0% |
| 2012 | 55,187,518 | 52,826,592 | 2,360,926 | -5.3 | 0% |
| 2013 | 52,104,473 | 52,050,318 | 54,155 | -4.6 | 0% |
| 2014 | 49,531,871 | 43,774,247 | 5,757,624 | -3.9 | 0% |
| 2015 | 54,225,348 | 44,872,238 | 9,353,110 | -1.3 | 0% |
| 2016 | 59,377,408 | 52,689,506 | 6,687,902 | 0.5 | 0% |
| 2017 | 60,294,788 | 57,070,638 | 3,224,150 | 1.2 | 0% |
| 2018 | 74,160,118 | 75,923,441 | −1,763,323 | 3.3 | 0% |
| 2019 | 88,418,810 | 101,504,389 | −13,085,579 | 1.1 | 0% |
| 2020 | 83,671,963 | 84,319,485 | −647,522 | 1.7 | 0% |
| 2021 | 83,954,494 | 78,385,365 | 5,569,129 | 2.6 | 0% |
| 2022 | 86,420,144 | 87,303,696 | −883,552 | 0.5 | 0% |
| 2023 | 83,803,833 | 78,484,565 | 5,319,268 | 3.5 | 0% |
In its most recent public year (2023), this organization brought in $5,319,268 more than it spent. Its reserves stood at about 3.5 months of spending, up from -6.7 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 Regional Council Of Carpenters Employee Benes Veba Fd'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