Trustees Of Plumbers & Pipefitters Local 104 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,760,488 | 6,049,147 | −1,288,659 | 16.0 | 1% |
| 2021 | 4,653,774 | 4,405,253 | 248,521 | 23.7 | 1% |
| 2022 | 5,137,224 | 4,766,207 | 371,017 | 21.8 | 1% |
| 2023 | 6,056,972 | 5,688,910 | 368,062 | 19.2 | 1% |
In its most recent public year (2023), this organization brought in $368,062 more than it spent. Its reserves stood at about 19.2 months of spending, up from 16 in 2020. 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
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