Plumbers Local Union 519 Health & Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,210,222 | 3,691,387 | −481,165 | 7.2 | 0% |
| 2021 | 3,085,356 | 3,452,061 | −366,705 | 6.1 | 0% |
| 2022 | 2,946,106 | 3,434,866 | −488,760 | 4.0 | 0% |
| 2023 | 3,476,495 | 3,499,175 | −22,680 | 3.8 | 0% |
In its most recent public year (2023), this organization spent $22,680 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 7.2 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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