Michigan Carpenters Council Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,471,700 | 20,098,984 | 2,372,716 | 8.9 | 0% |
| 2012 | 22,316,494 | 22,200,996 | 115,498 | 8.3 | 0% |
| 2013 | 21,258,720 | 19,075,357 | 2,183,363 | 10.4 | 0% |
| 2014 | 22,185,669 | 22,692,270 | −506,601 | 9.4 | 0% |
| 2015 | 23,349,272 | 31,249,953 | −7,900,681 | 2.4 | 0% |
| 2016 | 25,765,962 | 26,808,669 | −1,042,707 | 1.8 | 0% |
| 2017 | 24,323,397 | 29,185,853 | −4,862,456 | -0.2 | 0% |
| 2018 | 25,491,130 | 24,672,047 | 819,083 | 0.1 | 0% |
| 2019 | 26,538,970 | 25,360,668 | 1,178,302 | 0.8 | 0% |
| 2020 | 25,554,397 | 21,195,888 | 4,358,509 | 3.4 | 0% |
| 2021 | 25,045,179 | 26,458,893 | −1,413,714 | 2.0 | 0% |
| 2022 | 25,381,512 | 22,517,442 | 2,864,070 | 3.2 | 0% |
| 2023 | 25,522,808 | 22,627,608 | 2,895,200 | 5.1 | 0% |
In its most recent public year (2023), this organization brought in $2,895,200 more than it spent. Its reserves stood at about 5.1 months of spending, down from 8.9 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 Carpenters Council Health & 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