Plumbers & Pipefitters Lu 421 Labor Management Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 158,086 | 173,906 | −15,820 | 33.4 | 0% |
| 2011 | 83,992 | 253,686 | −169,694 | 14.9 | 1% |
| 2012 | 172,457 | 146,915 | 25,542 | 27.7 | 2% |
| 2013 | 189,403 | 142,123 | 47,280 | 32.6 | 0% |
| 2014 | 219,086 | 163,145 | 55,941 | 32.5 | 2% |
| 2015 | 186,801 | 150,411 | 36,390 | 38.2 | 2% |
| 2016 | 261,202 | 158,096 | 103,106 | 44.2 | 0% |
| 2017 | 223,263 | 186,334 | 36,929 | 39.9 | 0% |
| 2018 | 344,302 | 316,151 | 28,151 | 23.9 | 0% |
| 2019 | 507,491 | 359,921 | 147,570 | 27.8 | 0% |
| 2020 | 521,189 | 285,241 | 235,948 | 46.2 | 0% |
| 2021 | 629,265 | 344,316 | 284,949 | 48.6 | 0% |
| 2022 | 576,542 | 422,672 | 153,870 | 39.0 | 0% |
| 2023 | 727,187 | 541,017 | 186,170 | 35.8 | 0% |
In its most recent public year (2023), this organization brought in $186,170 more than it spent. Its reserves stood at about 35.8 months of spending, up from 33.4 in 2010. 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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