Pipefitters Assn Local Union 537 Nenmca Labor Mgmt Coop Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 972,813 | 2,840,912 | −1,868,099 | 35.3 | 0% |
| 2012 | 1,025,330 | 3,229,243 | −2,203,913 | 26.4 | 0% |
| 2013 | 1,703,100 | 4,046,646 | −2,343,546 | 17.5 | 0% |
| 2014 | 1,827,156 | 4,359,536 | −2,532,380 | 11.2 | 0% |
| 2015 | 2,496,172 | 2,383,406 | 112,766 | 3.6 | 0% |
| 2016 | 3,897,413 | 1,735,915 | 2,161,498 | 19.4 | 0% |
| 2017 | 5,691,470 | 1,841,672 | 3,849,798 | 43.4 | 0% |
| 2018 | 6,787,648 | 3,525,871 | 3,261,777 | 33.8 | 0% |
| 2019 | 8,481,238 | 3,633,502 | 4,847,736 | 48.8 | 0% |
| 2020 | 7,363,690 | 3,984,628 | 3,379,062 | 55.5 | 0% |
| 2021 | 8,505,808 | 4,978,336 | 3,527,472 | 55.9 | 94% |
| 2022 | 9,741,848 | 4,940,188 | 4,801,660 | 62.9 | 0% |
| 2023 | 10,558,864 | 6,818,068 | 3,740,796 | 54.6 | 0% |
In its most recent public year (2023), this organization brought in $3,740,796 more than it spent. Its reserves stood at about 54.6 months of spending, up from 35.3 in 2011. 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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