Plumbers & Pipefitters Local 562
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,264,619 | 9,985,852 | −2,721,233 | 43.1 | 30% |
| 2012 | 7,050,215 | 9,038,745 | −1,988,530 | 45.0 | 29% |
| 2013 | 7,859,260 | 8,214,399 | −355,139 | 49.0 | 30% |
| 2014 | 9,000,357 | 8,033,039 | 967,318 | 51.4 | 29% |
| 2015 | 8,620,382 | 7,971,852 | 648,530 | 52.8 | 31% |
| 2016 | 9,141,800 | 8,655,440 | 486,360 | 49.3 | 27% |
| 2017 | 9,565,822 | 8,095,299 | 1,470,523 | 54.9 | 28% |
| 2018 | 9,732,914 | 8,595,076 | 1,137,838 | 57.1 | 41% |
| 2019 | 11,203,651 | 8,444,535 | 2,759,116 | 67.4 | 43% |
| 2020 | 11,493,337 | 12,790,921 | −1,297,584 | 46.5 | 30% |
| 2021 | 16,649,601 | 11,813,977 | 4,835,624 | 55.3 | 34% |
| 2022 | 7,422,429 | 12,847,563 | −5,425,134 | 45.8 | 31% |
| 2023 | 19,899,894 | 12,724,159 | 7,175,735 | 53.0 | 32% |
In its most recent public year (2023), this organization brought in $7,175,735 more than it spent. Its reserves stood at about 53 months of spending, up from 43.1 in 2011. Staff pay was 32% 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
Plumbers & Pipefitters Local 562'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