Twin City Ironworkers Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,949,853 | 26,400,952 | −1,451,099 | 16.4 | 0% |
| 2021 | 27,647,843 | 26,578,655 | 1,069,188 | 16.7 | 0% |
| 2022 | 27,926,160 | 29,518,814 | −1,592,654 | 12.6 | 0% |
| 2023 | 28,555,151 | 26,529,094 | 2,026,057 | 16.1 | 0% |
In its most recent public year (2023), this organization brought in $2,026,057 more than it spent. Its reserves stood at about 16.1 months of spending. 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
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