Plumbers Union Local No 12 Labor Management Cooperation Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,163,102 | 6,651,243 | −488,141 | 4.1 | 4% |
| 2021 | 6,952,624 | 6,939,346 | 13,278 | 4.3 | 4% |
| 2022 | 6,871,494 | 6,422,763 | 448,731 | 4.2 | 0% |
| 2023 | 7,435,556 | 7,382,017 | 53,539 | 5.2 | 0% |
In its most recent public year (2023), this organization brought in $53,539 more than it spent. Its reserves stood at about 5.2 months of spending, up from 4.1 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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