Michigan Laborers Health And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,518,738 | 43,222,414 | 5,296,324 | 13.1 | 0% |
| 2012 | 50,881,702 | 44,429,722 | 6,451,980 | 15.1 | 0% |
| 2013 | 52,396,880 | 47,682,926 | 4,713,954 | 14.9 | 0% |
| 2014 | 59,965,859 | 56,979,458 | 2,986,401 | 13.6 | 0% |
| 2015 | 61,220,782 | 55,829,992 | 5,390,790 | 14.2 | 0% |
| 2016 | 62,688,311 | 64,442,200 | −1,753,889 | 12.6 | 0% |
| 2017 | 70,412,164 | 62,719,775 | 7,692,389 | 14.6 | 0% |
| 2018 | 77,511,911 | 69,466,637 | 8,045,274 | 14.2 | 0% |
| 2019 | 78,867,758 | 69,200,366 | 9,667,392 | 16.3 | 0% |
| 2020 | 68,501,787 | 69,219,508 | −717,721 | 17.2 | 0% |
| 2021 | 70,381,182 | 73,919,992 | −3,538,810 | 16.4 | 0% |
| 2022 | 71,508,678 | 67,925,253 | 3,583,425 | 15.7 | 0% |
| 2023 | 72,302,608 | 75,698,964 | −3,396,356 | 13.8 | 0% |
In its most recent public year (2023), this organization spent $3,396,356 more than it brought in. Its reserves stood at about 13.8 months of spending. 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 Laborers 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