Operating record

Insulators Local No 53 Welfare Fund

Kenner, LA · EIN 72-0455641 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,706,266$1,187,171$519,09560.62%
2021$2,490,512$1,900,007$590,50540.71%
2022$2,735,176$1,625,159$1,110,01748.61%
2023$1,745,222$1,369,561$375,66162.91%

In its most recent public year (2023), this organization brought in $375,661 more than it spent. Its reserves stood at about 62.9 months of spending, up from 60.6 in 2020. 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 ↗