Minneapolis Pipefitters Joint Journeymen And Apprentice Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,596,062 | 1,327,683 | 1,268,379 | 46.1 | 40% |
| 2012 | 1,867,011 | 1,244,052 | 622,959 | 55.2 | 39% |
| 2013 | 2,040,064 | 1,157,811 | 882,253 | 68.4 | 43% |
| 2014 | 2,157,388 | 1,171,285 | 986,103 | 77.6 | 47% |
| 2015 | 2,076,238 | 1,275,420 | 800,818 | 79.0 | 47% |
| 2016 | 2,386,737 | 1,328,714 | 1,058,023 | 85.4 | 45% |
| 2017 | 2,521,846 | 1,532,814 | 989,032 | 81.7 | 46% |
| 2018 | 2,640,165 | 1,759,750 | 880,415 | 77.2 | 49% |
| 2019 | 2,581,353 | 2,130,507 | 450,846 | 66.3 | 44% |
| 2020 | 3,232,579 | 2,712,339 | 520,240 | 54.4 | 35% |
| 2021 | 2,961,429 | 3,391,884 | −430,455 | 42.0 | 36% |
| 2022 | 2,978,967 | 3,430,792 | −451,825 | 39.9 | 36% |
| 2023 | 3,387,096 | 3,435,126 | −48,030 | 39.6 | 35% |
In its most recent public year (2023), this organization spent $48,030 more than it brought in. Its reserves stood at about 39.6 months of spending, down from 46.1 in 2011. Staff pay was 35% 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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