International Union Of Operating Engineers 470
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 515,329 | 549,662 | −34,333 | 15.3 | 33% |
| 2022 | 630,000 | 608,813 | 21,187 | 14.2 | 33% |
| 2023 | 614,153 | 645,440 | −31,287 | 12.8 | 48% |
In its most recent public year (2023), this organization spent $31,287 more than it brought in. Its reserves stood at about 12.8 months of spending, down from 15.3 in 2021. Staff pay was 48% 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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