Ibew Local 481 Supplemental Unemployment Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 738,961 | 22,389 | 716,572 | 384.1 | 0% |
| 2016 | 2,578,700 | 90,435 | 2,488,265 | 415.8 | 20% |
| 2017 | 2,978,833 | 315,310 | 2,663,523 | 218.1 | 10% |
| 2018 | 2,668,687 | 699,961 | 1,968,726 | 124.6 | 11% |
| 2019 | 1,289,789 | 935,072 | 354,717 | 99.8 | 9% |
| 2020 | 1,095,060 | 1,544,174 | −449,114 | 58.7 | 5% |
| 2021 | 1,151,490 | 883,517 | 267,973 | 104.3 | 9% |
| 2022 | 1,246,191 | 1,112,513 | 133,678 | 78.9 | 8% |
| 2023 | 1,817,232 | 1,055,465 | 761,767 | 93.4 | 9% |
In its most recent public year (2023), this organization brought in $761,767 more than it spent. Its reserves stood at about 93.4 months of spending, down from 384.1 in 2015. Staff pay was 9% 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
Ibew Local 481 Supplemental Unemployment Benefit Fund'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