Sheet Metal Workers Local 88 Retiree Health Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 347,955 | 460,235 | −112,280 | 35.8 | 0% |
| 2012 | 387,004 | 350,023 | 36,981 | 48.3 | 0% |
| 2013 | 442,056 | 395,951 | 46,105 | 44.1 | 0% |
| 2014 | 461,380 | 410,414 | 50,966 | 44.1 | 0% |
| 2015 | 467,726 | 410,792 | 56,934 | 45.7 | 0% |
| 2016 | 470,722 | 408,192 | 62,530 | 47.8 | 0% |
| 2017 | 499,136 | 401,107 | 98,029 | 51.6 | 0% |
| 2018 | 766,701 | 643,103 | 123,598 | 34.5 | 0% |
| 2019 | 1,305,150 | 11,317,236 | −10,012,086 | -24.0 | 0% |
| 2020 | 1,385,468 | 4,558,356 | −3,172,888 | -67.9 | 0% |
| 2021 | 1,246,178 | 11,447,613 | −10,201,435 | -37.6 | 0% |
| 2022 | 9,113,844 | 1,084,061 | 8,029,783 | -311.3 | 0% |
In its most recent public year (2022), this organization brought in $8,029,783 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-311.3 months), down from 35.8 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 2022. 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
Sheet Metal Workers Local 88 Retiree Health Plan's IRS filings as a feed — one entry per filing year, through 2022. 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