Southern California Ibew-Neca Supplemental Unemployment Benefit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,433,653 | 958,302 | 6,475,351 | 324.5 | 0% |
| 2021 | 6,579,522 | 1,394,424 | 5,185,098 | 264.5 | 0% |
| 2022 | 7,555,576 | 599,104 | 6,956,472 | 674.3 | 0% |
| 2023 | 7,879,131 | 973,925 | 6,905,206 | 492.2 | 0% |
In its most recent public year (2023), this organization brought in $6,905,206 more than it spent. Its reserves stood at about 492.2 months of spending, up from 324.5 in 2020. 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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