Mechanical Contractors Association Of Connecticut Industry Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 698,554 | 629,347 | 69,207 | 7.9 | 0% |
| 2012 | 590,291 | 761,521 | −171,230 | 3.8 | 0% |
| 2013 | 531,401 | 537,213 | −5,812 | 5.3 | 0% |
| 2014 | 571,903 | 523,919 | 47,984 | 6.5 | 0% |
| 2015 | 686,904 | 634,087 | 52,817 | 6.4 | 0% |
| 2016 | 821,923 | 427,506 | 394,417 | 20.5 | 0% |
| 2017 | 1,530,080 | 1,148,540 | 381,540 | 11.7 | 0% |
| 2018 | 1,819,539 | 1,143,865 | 675,674 | 18.8 | 0% |
| 2019 | 1,949,525 | 1,293,425 | 656,100 | 22.8 | 0% |
| 2020 | 1,460,737 | 1,128,205 | 332,532 | 30.4 | 0% |
| 2021 | 1,151,524 | 728,793 | 422,731 | 56.2 | 0% |
| 2022 | 1,328,354 | 1,563,341 | −234,987 | 23.6 | 0% |
| 2023 | 1,419,783 | 1,407,041 | 12,742 | 26.4 | 0% |
In its most recent public year (2023), this organization brought in $12,742 more than it spent. Its reserves stood at about 26.4 months of spending, up from 7.9 in 2011. 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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