Semco Energy Inc Non-Union Veba Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,385 | 1,687 | 1,698 | 812.8 | 0% |
| 2021 | 11,562 | 1,683 | 9,879 | 893.4 | 0% |
| 2022 | 6,813 | 1,717 | 5,096 | 726.2 | 0% |
| 2023 | 7,033 | 2,702 | 4,331 | 517.7 | 0% |
In its most recent public year (2023), this organization brought in $4,331 more than it spent. Its reserves stood at about 517.7 months of spending, down from 812.8 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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