Plumbers And Steamfitters Local 177 Health And Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,365,821 | 1,258,439 | 1,107,382 | 18.3 | 0% |
| 2021 | 2,100,177 | 1,586,655 | 513,522 | 18.4 | 0% |
| 2022 | 2,304,846 | 1,753,457 | 551,389 | 20.4 | 0% |
| 2023 | 2,263,309 | 1,513,858 | 749,451 | 29.6 | 0% |
In its most recent public year (2023), this organization brought in $749,451 more than it spent. Its reserves stood at about 29.6 months of spending, up from 18.3 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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