New England Electrical Workers Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 76,959,864 | 59,509,549 | 17,450,315 | 14.9 | 0% |
| 2021 | 85,451,366 | 76,909,544 | 8,541,822 | 13.3 | 0% |
| 2022 | 89,544,834 | 79,836,353 | 9,708,481 | 13.7 | 0% |
| 2023 | 100,967,517 | 80,194,167 | 20,773,350 | 17.3 | 0% |
In its most recent public year (2023), this organization brought in $20,773,350 more than it spent. Its reserves stood at about 17.3 months of spending, up from 14.9 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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