Local 295-851 Ibt Employer Group Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,063,512 | 24,731,426 | −3,667,914 | 10.9 | 0% |
| 2012 | 20,145,342 | 21,469,784 | −1,324,442 | 11.7 | 0% |
| 2013 | 18,976,483 | 21,848,512 | −2,872,029 | 10.8 | 0% |
| 2014 | 19,680,966 | 23,879,321 | −4,198,355 | 8.8 | 0% |
| 2015 | 20,051,348 | 23,047,376 | −2,996,028 | 7.7 | 0% |
| 2016 | 21,910,527 | 20,176,991 | 1,733,536 | 9.8 | 0% |
| 2017 | 23,486,488 | 21,962,513 | 1,523,975 | 10.5 | 0% |
| 2018 | 25,357,062 | 23,081,468 | 2,275,594 | 12.0 | 0% |
| 2019 | 28,685,107 | 28,889,156 | −204,049 | 9.9 | 0% |
| 2020 | 30,187,408 | 28,119,597 | 2,067,811 | 11.9 | 0% |
| 2021 | 39,240,921 | 29,791,526 | 9,449,395 | 16.1 | 0% |
| 2022 | 40,843,192 | 28,294,805 | 12,548,387 | 19.6 | 0% |
| 2023 | 44,211,301 | 32,199,982 | 12,011,319 | 22.4 | 0% |
In its most recent public year (2023), this organization brought in $12,011,319 more than it spent. Its reserves stood at about 22.4 months of spending, up from 10.9 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
Local 295-851 Ibt Employer Group Welfare 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