Sheet Metal Industry Labor-Management Cooperation Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,873 | 5,115 | 7,758 | 159.8 | — |
| 2013 | 12,873 | 5,115 | 7,758 | 159.8 | — |
| 2015 | 30 | 11,049 | −11,019 | 87.0 | — |
| 2016 | 43,621 | 11,987 | 31,634 | 141.7 | — |
| 2017 | 44,125 | 12,000 | 32,125 | 173.6 | — |
| 2018 | 44,125 | 12,000 | 32,125 | 205.8 | — |
| 2019 | 44,125 | 12,000 | 32,125 | 237.9 | — |
| 2020 | 44,150 | 12,000 | 32,150 | 270.0 | — |
| 2023 | 44,150 | 12,000 | 32,150 | 366.5 | — |
In its most recent public year (2023), this organization brought in $32,150 more than it spent. Its reserves stood at about 366.5 months of spending, up from 159.8 in 2012.
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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