Plumbers & Pipefitters Local 502 Joint Education & Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,464,098 | 1,455,510 | 8,588 | 29.3 | 33% |
| 2012 | 1,396,075 | 1,228,403 | 167,672 | 36.1 | 29% |
| 2013 | 1,574,517 | 1,335,649 | 238,868 | 35.6 | 27% |
| 2014 | 1,667,826 | 1,400,390 | 267,436 | 36.5 | 29% |
| 2015 | 2,014,565 | 1,552,890 | 461,675 | 35.9 | 27% |
| 2016 | 2,072,999 | 1,765,164 | 307,835 | 33.8 | 25% |
| 2017 | 2,331,617 | 1,962,174 | 369,443 | 32.6 | 25% |
| 2018 | 2,397,028 | 2,559,175 | −162,147 | 24.3 | 26% |
| 2019 | 2,774,397 | 2,764,616 | 9,781 | 22.6 | 29% |
| 2020 | 2,861,066 | 2,644,193 | 216,873 | 24.8 | 27% |
| 2021 | 2,438,096 | 2,280,833 | 157,263 | 30.2 | 31% |
| 2022 | 3,316,454 | 3,263,316 | 53,138 | 21.0 | 27% |
| 2023 | 4,941,902 | 4,467,052 | 474,850 | 16.7 | 26% |
In its most recent public year (2023), this organization brought in $474,850 more than it spent. Its reserves stood at about 16.7 months of spending, down from 29.3 in 2011. Staff pay was 26% of spending. $88,563 of its net assets are donor-restricted.
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
Plumbers & Pipefitters Local 502 Joint Education & Training Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works