Local 649 Sub And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,461,802 | 371,360 | 1,090,442 | 148.7 | 4% |
| 2012 | 706,252 | 821,123 | −114,871 | 69.0 | 2% |
| 2013 | 621,910 | 395,124 | 226,786 | 154.5 | 5% |
| 2014 | 550,968 | 413,765 | 137,203 | 163.2 | 5% |
| 2015 | 449,936 | 359,736 | 90,200 | 188.7 | 5% |
| 2016 | 482,487 | 279,031 | 203,456 | 262.7 | 7% |
| 2017 | 394,915 | 255,927 | 138,988 | 302.8 | 10% |
| 2018 | 378,677 | 326,307 | 52,370 | 247.8 | 8% |
| 2019 | 423,247 | 226,376 | 196,871 | 380.0 | 10% |
| 2020 | 255,006 | 485,389 | −230,383 | 185.4 | 5% |
| 2021 | 375,153 | 359,863 | 15,290 | 274.2 | 7% |
| 2022 | 402,748 | 214,742 | 188,006 | 415.2 | 9% |
| 2023 | 437,745 | 244,536 | 193,209 | 382.1 | 12% |
In its most recent public year (2023), this organization brought in $193,209 more than it spent. Its reserves stood at about 382.1 months of spending, up from 148.7 in 2011. Staff pay was 12% 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
Local 649 Sub And Welfare Fund'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