Asbestos Workers Local No 42 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,647,750 | 2,179,771 | 467,979 | 31.7 | 0% |
| 2012 | 2,590,740 | 2,558,816 | 31,924 | 27.5 | 0% |
| 2013 | 2,651,337 | 2,262,859 | 388,478 | 33.0 | 0% |
| 2014 | 2,881,528 | 2,284,481 | 597,047 | 36.6 | 0% |
| 2015 | 3,026,644 | 2,612,849 | 413,795 | 34.1 | 0% |
| 2016 | 2,836,790 | 3,101,577 | −264,787 | 28.4 | 0% |
| 2017 | 1,724,398 | 2,625,333 | −900,935 | 34.3 | 0% |
| 2018 | 2,900,757 | 3,531,663 | −630,906 | 23.8 | 0% |
| 2019 | 3,363,328 | 3,587,511 | −224,183 | 23.1 | 0% |
| 2020 | 2,759,120 | 3,553,629 | −794,509 | 20.4 | 0% |
| 2021 | 2,490,963 | 4,045,258 | −1,554,295 | 14.3 | 0% |
| 2022 | 2,576,578 | 3,256,165 | −679,587 | 14.4 | 0% |
| 2023 | 2,696,822 | 3,660,964 | −964,142 | 9.6 | 0% |
In its most recent public year (2023), this organization spent $964,142 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 31.7 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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