Semco Energy Inc Union Veba Tr
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $521,988 | $1,020,400 | −$498,412 | 161.4 | 0% |
| 2021 | $1,596,810 | $1,008,499 | $588,311 | 168.8 | 0% |
| 2022 | $839,659 | $995,293 | −$155,634 | 131.8 | 0% |
| 2023 | $722,993 | $839,366 | −$116,373 | 165.7 | 0% |
In its most recent public year (2023), this organization spent $116,373 more than it brought in. Its reserves stood at about 165.7 months of spending, up from 161.4 in 2020. 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 ↗
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