Pipefitters Union Local 537 Health And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 42,636,783 | 35,481,777 | 7,155,006 | 17.7 | 0% |
| 2022 | 53,599,629 | 44,353,637 | 9,245,992 | 16.4 | 0% |
| 2023 | 54,429,463 | 50,412,304 | 4,017,159 | 15.2 | 0% |
In its most recent public year (2023), this organization brought in $4,017,159 more than it spent. Its reserves stood at about 15.2 months of spending, down from 17.7 in 2021. 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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