Gerdau Ameristeel Us Unions Retiree Health Benefits Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,317,769 | 753,583 | 1,564,186 | 344.9 | 0% |
| 2012 | 4,560,476 | 659,414 | 3,901,062 | 496.2 | 0% |
| 2013 | 2,747,775 | 828,748 | 1,919,027 | 473.1 | 0% |
| 2014 | 1,489,324 | 867,264 | 622,060 | 483.9 | 0% |
| 2015 | 1,523,207 | 1,213,249 | 309,958 | 349.6 | 0% |
| 2016 | 1,475,516 | 1,569,095 | −93,579 | 282.2 | 0% |
| 2017 | 1,557,808 | 1,727,617 | −169,809 | 290.5 | 0% |
| 2018 | 1,481,752 | 1,517,453 | −35,701 | 208.6 | 0% |
| 2019 | 1,004,518 | 1,035,311 | −30,793 | 361.4 | 1% |
| 2020 | 944,746 | 937,297 | 7,449 | 451.8 | 1% |
| 2021 | 993,802 | 1,180,052 | −186,250 | 395.6 | 1% |
| 2022 | 3,200,315 | 1,376,825 | 1,823,490 | 292.0 | 1% |
| 2023 | 2,390,931 | 1,495,748 | 895,183 | 298.4 | 1% |
In its most recent public year (2023), this organization brought in $895,183 more than it spent. Its reserves stood at about 298.4 months of spending, down from 344.9 in 2011. Staff pay was 1% 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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