Local 7 Tile Industry Welfare Fund Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 19,577,609 | 22,103,783 | −2,526,174 | 8.7 | 0% |
| 2011 | 21,706,745 | 18,268,356 | 3,438,389 | 12.8 | 0% |
| 2012 | 18,814,464 | 18,835,411 | −20,947 | 12.4 | 0% |
| 2013 | 21,468,225 | 21,164,232 | 303,993 | 11.2 | 0% |
| 2014 | 20,960,404 | 22,277,942 | −1,317,538 | 10.0 | 0% |
| 2015 | 27,808,491 | 23,594,419 | 4,214,072 | 11.6 | 0% |
| 2016 | 29,848,024 | 27,226,726 | 2,621,298 | 11.4 | 0% |
| 2017 | 30,122,514 | 28,066,940 | 2,055,574 | 12.6 | 0% |
| 2018 | 34,366,774 | 32,782,302 | 1,584,472 | 11.3 | 0% |
| 2019 | 40,669,180 | 35,386,483 | 5,282,697 | 13.3 | 0% |
| 2020 | 25,814,756 | 39,381,753 | −13,566,997 | 8.4 | 0% |
| 2021 | 28,639,633 | 35,253,740 | −6,614,107 | 8.0 | 0% |
| 2022 | 33,957,189 | 33,526,914 | 430,275 | 7.9 | 0% |
| 2023 | 26,713,465 | 32,389,095 | −5,675,630 | 6.6 | 0% |
In its most recent public year (2023), this organization spent $5,675,630 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 8.7 in 2010. 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
Local 7 Tile Industry Welfare Fund Tr'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