Seiu Michigan Health And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,090,574 | 6,306,929 | −216,355 | 31.6 | 0% |
| 2012 | 5,979,582 | 6,277,648 | −298,066 | 31.2 | 0% |
| 2013 | 5,812,487 | 5,757,009 | 55,478 | 35.2 | 0% |
| 2014 | 7,651,052 | 5,807,049 | 1,844,003 | 35.9 | 0% |
| 2015 | 5,566,178 | 6,196,614 | −630,436 | 32.6 | 0% |
| 2016 | 4,836,989 | 6,046,399 | −1,209,410 | 31.1 | 0% |
| 2017 | 5,082,792 | 5,953,231 | −870,439 | 30.6 | 0% |
| 2018 | 5,150,596 | 5,482,309 | −331,713 | 32.1 | 0% |
| 2019 | 4,543,653 | 5,100,909 | −557,256 | 34.9 | 0% |
| 2020 | 4,309,309 | 6,360,238 | −2,050,929 | 24.7 | 0% |
| 2021 | 5,173,585 | 5,631,701 | −458,116 | 30.2 | 0% |
| 2022 | 4,524,309 | 4,964,818 | −440,509 | 26.2 | 0% |
| 2023 | 3,851,493 | 6,280,787 | −2,429,294 | 17.5 | 0% |
In its most recent public year (2023), this organization spent $2,429,294 more than it brought in. Its reserves stood at about 17.5 months of spending, down from 31.6 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
Seiu Michigan 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