Neca - No 145 Ibew Welfare Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,356,810 | 34,628,733 | −25,271,923 | -38.3 | 0% |
| 2012 | 13,895,318 | 15,486,941 | −1,591,623 | -87.0 | 0% |
| 2013 | 52,618,238 | 9,819,275 | 42,798,963 | -84.9 | 0% |
| 2015 | 11,936,892 | 2,616,645 | 9,320,247 | -331.8 | 0% |
| 2016 | 14,266,601 | 14,957,494 | −690,893 | 16.0 | 0% |
| 2017 | 15,647,444 | 17,014,556 | −1,367,112 | 15.3 | 0% |
| 2018 | 17,409,306 | 21,969,574 | −4,560,268 | 9.5 | 0% |
| 2019 | 18,084,042 | 19,447,289 | −1,363,247 | 9.3 | 0% |
| 2020 | 15,669,369 | 16,568,780 | −899,411 | 10.9 | 0% |
| 2021 | 20,117,182 | 20,893,599 | −776,417 | 12.5 | 0% |
| 2022 | 21,742,151 | 24,153,643 | −2,411,492 | 5.6 | 0% |
| 2023 | 22,169,168 | 23,747,128 | −1,577,960 | 5.6 | 93% |
In its most recent public year (2023), this organization spent $1,577,960 more than it brought in. Its reserves stood at about 5.6 months of spending, up from -38.3 in 2011. Staff pay was 93% 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
Neca - No 145 Ibew Welfare Plan'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