Sheet Metal Workers Local 15 Medical Fund
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $2,322,327 | $3,538,184 | −$1,215,857 | 8.5 | 0% |
| 2021 | $2,147,127 | $2,798,997 | −$651,870 | 7.9 | 0% |
| 2022 | $2,254,321 | $2,639,793 | −$385,472 | 6.6 | 0% |
| 2023 | $2,209,165 | $2,296,697 | −$87,532 | 7.2 | 0% |
In its most recent public year (2023), this organization spent $87,532 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 8.5 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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