Bridge Structural And Ornamental Iron Workers Local-8
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,653,213 | 3,016,755 | 636,458 | 32.5 | 46% |
| 2021 | 3,176,031 | 2,650,191 | 525,840 | 42.1 | 46% |
| 2022 | 3,459,035 | 2,641,997 | 817,038 | 40.6 | 41% |
| 2023 | 3,749,550 | 3,447,030 | 302,520 | 33.0 | 37% |
In its most recent public year (2023), this organization brought in $302,520 more than it spent. Its reserves stood at about 33 months of spending. Staff pay was 37% 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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