Jernberg Steelworkers Retiree Health Care Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,544 | 93,620 | 924 | 228.5 | 1% |
| 2021 | 478 | 97,853 | −97,375 | 206.7 | 1% |
| 2022 | 25,435 | 93,876 | −68,441 | 206.7 | 1% |
| 2023 | 77,766 | 97,527 | −19,761 | 196.5 | 1% |
In its most recent public year (2023), this organization spent $19,761 more than it brought in. Its reserves stood at about 196.5 months of spending, down from 228.5 in 2020. Staff pay was 1% 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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