International Brthood Of Electrical Workers Welfare Fund Local 728
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,705,474 | 10,596,209 | 109,265 | 4.5 | 0% |
| 2021 | 10,579,683 | 9,160,354 | 1,419,329 | 7.0 | 0% |
| 2022 | 10,506,940 | 10,542,549 | −35,609 | 5.9 | 0% |
| 2023 | 11,317,989 | 9,144,111 | 2,173,878 | 9.8 | 0% |
In its most recent public year (2023), this organization brought in $2,173,878 more than it spent. Its reserves stood at about 9.8 months of spending, up from 4.5 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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