South Central Minnesota Electrical Workers Industry Welfare Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,303,281 | 6,995,317 | 4,307,964 | 50.8 | 0% |
| 2012 | 7,850,554 | 7,034,937 | 815,617 | 53.4 | 0% |
| 2013 | 8,062,318 | 6,810,572 | 1,251,746 | 61.8 | 0% |
| 2014 | 8,694,250 | 7,438,665 | 1,255,585 | 66.0 | 0% |
| 2015 | 9,061,589 | 9,484,072 | −422,483 | 52.2 | 0% |
| 2016 | 9,936,750 | 11,747,917 | −1,811,167 | 40.8 | 0% |
| 2017 | 11,923,341 | 11,510,572 | 412,769 | 45.2 | 0% |
| 2018 | 12,559,821 | 13,256,594 | −696,773 | 40.8 | 0% |
| 2019 | 14,938,770 | 12,105,623 | 2,833,147 | 49.9 | 0% |
| 2020 | 15,446,693 | 14,130,879 | 1,315,814 | 45.9 | 0% |
| 2021 | 16,507,851 | 17,926,941 | −1,419,090 | 42.3 | 0% |
| 2022 | 17,053,059 | 16,922,112 | 130,947 | 39.2 | 0% |
| 2023 | 18,130,367 | 13,563,131 | 4,567,236 | 57.2 | 0% |
In its most recent public year (2023), this organization brought in $4,567,236 more than it spent. Its reserves stood at about 57.2 months of spending, up from 50.8 in 2011. 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
South Central Minnesota Electrical Workers Industry Welfare Plan'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