International Union Of Operating Engineers Local 406 Hoisting & Por
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,150,223 | 2,656,123 | −505,900 | 27.7 | 52% |
| 2021 | 2,117,570 | 2,606,309 | −488,739 | 26.0 | 55% |
| 2022 | 3,118,409 | 2,785,533 | 332,876 | 25.8 | 43% |
| 2023 | 2,502,738 | 2,501,434 | 1,304 | 28.7 | 42% |
In its most recent public year (2023), this organization brought in $1,304 more than it spent. Its reserves stood at about 28.7 months of spending. Staff pay was 42% of spending. $96,900 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
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