Sheet Metal Employers Reimbursement Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 250,999 | 353,775 | −102,776 | 45.1 | 0% |
| 2013 | 383,507 | 283,138 | 100,369 | 56.8 | 0% |
| 2014 | 262,151 | 242,028 | 20,123 | 76.8 | 0% |
| 2015 | 468,259 | 343,117 | 125,142 | 54.1 | 0% |
| 2016 | 572,573 | 491,941 | 80,632 | 40.0 | 0% |
| 2017 | 697,756 | 571,580 | 126,176 | 39.6 | 0% |
| 2018 | 929,708 | 824,569 | 105,139 | 28.0 | 0% |
| 2019 | 1,106,236 | 1,054,349 | 51,887 | 23.6 | 0% |
| 2020 | 1,126,785 | 1,050,969 | 75,816 | 25.4 | 0% |
| 2021 | 1,457,311 | 1,228,419 | 228,892 | 27.5 | 0% |
| 2022 | 1,350,814 | 1,224,865 | 125,949 | 23.0 | 0% |
| 2023 | 1,307,298 | 1,094,318 | 212,980 | 30.8 | 0% |
| 2024 | 1,570,556 | 1,322,069 | 248,487 | 29.0 | 0% |
In its most recent public year (2024), this organization brought in $248,487 more than it spent. Its reserves stood at about 29 months of spending, down from 45.1 in 2012. 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 2024. 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
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