Iron Workers Trust Fund-5
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,798,748 | 8,105,826 | −1,307,078 | 8.3 | 0% |
| 2012 | 8,568,269 | 9,279,856 | −711,587 | 6.4 | 0% |
| 2013 | 10,831,029 | 10,044,651 | 786,378 | 6.8 | 0% |
| 2014 | 9,889,860 | 9,586,270 | 303,590 | 7.5 | 0% |
| 2015 | 9,751,295 | 10,401,748 | −650,453 | 6.1 | 0% |
| 2016 | 12,226,336 | 10,811,384 | 1,414,952 | 7.5 | 0% |
| 2017 | 15,404,552 | 7,611,034 | 7,793,518 | 23.0 | 0% |
| 2018 | 15,855,685 | 9,031,114 | 6,824,571 | 28.2 | 0% |
| 2019 | 14,378,839 | 8,554,877 | 5,823,962 | 38.7 | 0% |
| 2020 | 24,917,491 | 9,803,690 | 15,113,801 | 52.8 | 0% |
| 2021 | 14,719,245 | 11,691,948 | 3,027,297 | 49.3 | 0% |
| 2022 | 14,839,235 | 12,589,769 | 2,249,466 | 45.0 | 0% |
| 2023 | 14,432,146 | 19,629,067 | −5,196,921 | 26.2 | 0% |
In its most recent public year (2023), this organization spent $5,196,921 more than it brought in. Its reserves stood at about 26.2 months of spending, up from 8.3 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
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