Allete & Affiliated Co Non-Union Life Insurance Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,257 | 334,063 | −165,806 | 220.1 | 1% |
| 2012 | 111,922 | 376,116 | −264,194 | 210.0 | 1% |
| 2013 | 745,958 | 403,283 | 342,675 | 235.2 | 1% |
| 2014 | 698,580 | 488,037 | 210,543 | 196.9 | 1% |
| 2015 | 414,597 | 853,826 | −439,229 | 99.3 | 1% |
| 2016 | 444,444 | 722,314 | −277,870 | 115.0 | 1% |
| 2017 | 333,449 | 676,483 | −343,034 | 129.3 | 1% |
| 2018 | 493,720 | 722,796 | −229,076 | 103.1 | 1% |
| 2019 | 451,557 | 764,623 | −313,066 | 104.3 | 1% |
| 2020 | 570,468 | 691,282 | −120,814 | 116.6 | 1% |
| 2021 | 255,200 | 714,186 | −458,986 | 113.1 | 1% |
| 2022 | 171,728 | 662,684 | −490,956 | 93.1 | 0% |
| 2023 | 221,009 | 707,618 | −486,609 | 87.2 | 1% |
In its most recent public year (2023), this organization spent $486,609 more than it brought in. Its reserves stood at about 87.2 months of spending, down from 220.1 in 2011. Staff pay was 1% 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
Allete & Affiliated Co Non-Union Life Insurance Trust'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