Allete And Affiliated Companies Union Employees Life Insurance Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 532,958 | 164,316 | 368,642 | 388.0 | 2% |
| 2012 | 194,873 | 180,138 | 14,735 | 390.6 | 2% |
| 2013 | 520,134 | 195,448 | 324,686 | 432.0 | 2% |
| 2014 | 672,895 | 235,463 | 437,432 | 373.0 | 2% |
| 2015 | 212,403 | 288,925 | −76,522 | 286.4 | 2% |
| 2016 | 244,695 | 357,209 | −112,514 | 240.3 | 1% |
| 2017 | 210,656 | 375,219 | −164,563 | 251.7 | 1% |
| 2018 | 321,159 | 392,339 | −71,180 | 214.3 | 1% |
| 2019 | 458,471 | 418,691 | 39,780 | 230.8 | 1% |
| 2020 | 327,884 | 426,222 | −98,338 | 244.5 | 1% |
| 2021 | 460,658 | 426,150 | 34,508 | 261.7 | 1% |
| 2022 | 854,160 | 429,636 | 424,524 | 210.5 | 1% |
| 2023 | 280,513 | 428,063 | −147,550 | 229.8 | 1% |
In its most recent public year (2023), this organization spent $147,550 more than it brought in. Its reserves stood at about 229.8 months of spending, down from 388 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 And Affiliated Companies Union Employees Life Insurance Tr'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