Sheet Metal Workers-270 Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,630,850 | 1,558,394 | 72,456 | 27.1 | 0% |
| 2013 | 1,798,188 | 1,544,623 | 253,565 | 29.9 | 0% |
| 2014 | 1,808,925 | 1,891,864 | −82,939 | 23.9 | 0% |
| 2015 | 2,131,830 | 2,128,697 | 3,133 | 21.0 | 0% |
| 2016 | 2,448,669 | 3,097,486 | −648,817 | 11.6 | 0% |
| 2017 | 2,148,374 | 2,950,283 | −801,909 | 8.7 | 0% |
| 2018 | 2,225,664 | 2,284,565 | −58,901 | 11.4 | 0% |
| 2019 | 3,845,072 | 3,044,415 | 800,657 | 11.5 | 0% |
| 2020 | 3,708,771 | 3,285,680 | 423,091 | 4.9 | 0% |
| 2021 | 3,034,218 | 2,877,482 | 156,736 | 6.3 | 0% |
| 2022 | 3,053,359 | 2,550,151 | 503,208 | 9.7 | 0% |
| 2023 | 3,204,624 | 3,288,255 | −83,631 | 6.7 | 0% |
| 2024 | 4,032,366 | 3,175,488 | 856,878 | 10.4 | 0% |
In its most recent public year (2024), this organization brought in $856,878 more than it spent. Its reserves stood at about 10.4 months of spending, down from 27.1 in 2012. 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 2024. 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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