Plumbers And Fitters Local Union 295 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,478,279 | 3,737,045 | 741,234 | 21.9 | 0% |
| 2021 | 4,864,982 | 4,658,462 | 206,520 | 17.5 | 0% |
| 2022 | 4,024,447 | 4,471,788 | −447,341 | 16.1 | 0% |
| 2023 | 4,506,832 | 4,118,756 | 388,076 | 18.8 | 0% |
In its most recent public year (2023), this organization brought in $388,076 more than it spent. Its reserves stood at about 18.8 months of spending, down from 21.9 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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