International Union Of Operating Engineers National Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,455,690 | 16,155,591 | 5,300,099 | 15.4 | 25% |
| 2021 | 21,521,073 | 14,208,586 | 7,312,487 | 24.7 | 29% |
| 2022 | 22,184,912 | 16,952,167 | 5,232,745 | 22.5 | 24% |
| 2023 | 27,541,331 | 19,807,422 | 7,733,909 | 24.4 | 21% |
In its most recent public year (2023), this organization brought in $7,733,909 more than it spent. Its reserves stood at about 24.4 months of spending, up from 15.4 in 2020. Staff pay was 21% 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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