Ironworkers Workers Compensation Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,023,505 | 558,864 | 464,641 | 64.7 | 38% |
| 2021 | 1,099,997 | 580,256 | 519,741 | 73.0 | 39% |
| 2022 | 1,033,459 | 578,878 | 454,581 | 82.6 | 38% |
| 2023 | 1,222,677 | 622,111 | 600,566 | 88.5 | 35% |
In its most recent public year (2023), this organization brought in $600,566 more than it spent. Its reserves stood at about 88.5 months of spending, up from 64.7 in 2020. Staff pay was 35% 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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