Welfare Fund Of Engineers Local 513
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,895,981 | 38,926,322 | −8,030,341 | 9.3 | 0% |
| 2012 | 33,923,123 | 32,839,223 | 1,083,900 | 11.9 | 0% |
| 2013 | 36,591,582 | 32,901,870 | 3,689,712 | 13.3 | 0% |
| 2014 | 41,212,346 | 30,606,202 | 10,606,144 | 18.1 | 0% |
| 2015 | 44,425,700 | 35,630,458 | 8,795,242 | 18.4 | 0% |
| 2016 | 46,504,690 | 37,430,699 | 9,073,991 | 20.3 | 0% |
| 2017 | 50,244,820 | 40,953,296 | 9,291,524 | 21.9 | 0% |
| 2018 | 51,101,637 | 43,120,999 | 7,980,638 | 23.3 | 0% |
| 2019 | 52,764,010 | 45,562,366 | 7,201,644 | 23.9 | 0% |
| 2021 | 54,386,850 | 44,559,226 | 9,827,624 | 30.6 | 0% |
| 2022 | 59,012,393 | 51,180,379 | 7,832,014 | 26.8 | 0% |
| 2023 | 64,209,446 | 55,813,298 | 8,396,148 | 25.9 | 0% |
In its most recent public year (2023), this organization brought in $8,396,148 more than it spent. Its reserves stood at about 25.9 months of spending, up from 9.3 in 2011. 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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