International Association Of Bridge Iron Workers Local No 512
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,959,594 | 5,140,337 | 819,257 | 30.2 | 34% |
| 2021 | 5,827,690 | 5,355,810 | 471,880 | 31.1 | 22% |
| 2022 | 5,854,460 | 5,475,813 | 378,647 | 28.2 | 23% |
| 2023 | 5,974,704 | 5,931,198 | 43,506 | 27.1 | 22% |
In its most recent public year (2023), this organization brought in $43,506 more than it spent. Its reserves stood at about 27.1 months of spending, down from 30.2 in 2020. Staff pay was 22% 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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