Sheet Metal Workers 100 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 31,464,460 | 23,964,844 | 7,499,616 | 18.8 | 0% |
| 2021 | 32,426,550 | 26,542,591 | 5,883,959 | 20.9 | 0% |
| 2022 | 34,276,972 | 27,774,317 | 6,502,655 | 22.2 | 0% |
| 2023 | 36,954,469 | 33,377,319 | 3,577,150 | 21.8 | 0% |
In its most recent public year (2023), this organization brought in $3,577,150 more than it spent. Its reserves stood at about 21.8 months of spending, up from 18.8 in 2020. 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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