Plumbing & Steamfitters Jac Local 6 Southeast Minnesota Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 575,291 | 565,765 | 9,526 | 25.1 | 38% |
| 2022 | 712,633 | 621,917 | 90,716 | 24.6 | 39% |
| 2023 | 799,930 | 770,475 | 29,455 | 20.3 | 38% |
| 2024 | 797,007 | 797,244 | −237 | 19.6 | 39% |
In its most recent public year (2024), this organization spent $237 more than it brought in. Its reserves stood at about 19.6 months of spending, down from 25.1 in 2021. Staff pay was 39% 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 2024. 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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