Sheet Metal Workers Local 214 Supplemental Welfare Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 207,833 | 84,238 | 123,595 | 17.6 | 0% |
| 2014 | 332,623 | 132,716 | 199,907 | 29.3 | 0% |
| 2015 | 289,749 | 140,711 | 149,038 | 40.3 | 7% |
| 2016 | 276,258 | 154,072 | 122,186 | 46.3 | 17% |
| 2017 | 285,839 | 179,364 | 106,475 | 46.9 | 5% |
| 2018 | 313,147 | 183,956 | 129,191 | 54.2 | 12% |
| 2019 | 224,082 | 169,884 | 54,198 | 63.7 | 12% |
| 2020 | 187,103 | 177,528 | 9,575 | 66.0 | 7% |
| 2021 | 171,042 | 224,486 | −53,444 | 49.7 | 11% |
| 2022 | 51,388 | 181,333 | −129,945 | 44.5 | 12% |
| 2023 | 48,422 | 165,933 | −117,511 | 43.4 | 12% |
In its most recent public year (2023), this organization spent $117,511 more than it brought in. Its reserves stood at about 43.4 months of spending, up from 17.6 in 2013. 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
Sheet Metal Workers Local 214 Supplemental Welfare Plan'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