Michigan Trowel Trades Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,006,270 | 4,665,768 | 340,502 | 5.6 | 0% |
| 2012 | 4,945,490 | 5,963,168 | −1,017,678 | 2.4 | 0% |
| 2013 | 4,719,652 | 4,346,249 | 373,403 | 4.3 | 0% |
| 2014 | 4,992,026 | 4,471,333 | 520,693 | 5.5 | 0% |
| 2015 | 5,621,803 | 5,370,787 | 251,016 | 5.2 | 0% |
| 2016 | 6,251,753 | 5,113,404 | 1,138,349 | 8.0 | 0% |
| 2017 | 6,636,291 | 7,060,610 | −424,319 | 5.3 | 0% |
| 2018 | 6,610,712 | 5,934,638 | 676,074 | 7.3 | 0% |
| 2019 | 6,942,744 | 7,012,623 | −69,879 | 6.6 | 0% |
| 2020 | 6,799,409 | 5,852,388 | 947,021 | 10.6 | 0% |
| 2021 | 6,787,750 | 7,570,170 | −782,420 | 6.8 | 0% |
| 2022 | 6,946,613 | 7,024,639 | −78,026 | 5.8 | 0% |
In its most recent public year (2022), this organization spent $78,026 more than it brought in. Its reserves stood at about 5.8 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 2022. 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 Trowel Trades Health & Welfare Fund's IRS filings as a feed — one entry per filing year, through 2022. 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