Maryland Electrical Industry Labor Management Cooperation Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,511 | 68,681 | 111,830 | 93.7 | 0% |
| 2021 | 163,059 | 81,958 | 81,101 | 90.4 | 0% |
| 2022 | 176,987 | 180,821 | −3,834 | 40.7 | 0% |
| 2023 | 278,453 | 312,320 | −33,867 | 22.9 | 0% |
In its most recent public year (2023), this organization spent $33,867 more than it brought in. Its reserves stood at about 22.9 months of spending, down from 93.7 in 2020. Staff pay was 0% of spending. $7,098 of its net assets are donor-restricted.
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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