International Union Of Operating Engineers Local 627 Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 536,353 | 572,509 | −36,156 | 49.6 | 40% |
| 2021 | 440,692 | 539,639 | −98,947 | 50.5 | 40% |
| 2022 | 1,277,152 | 603,279 | 673,873 | 58.5 | 35% |
| 2023 | 431,106 | 682,609 | −251,503 | 47.4 | 33% |
| 2024 | 692,232 | 783,593 | −91,361 | 39.9 | 34% |
In its most recent public year (2024), this organization spent $91,361 more than it brought in. Its reserves stood at about 39.9 months of spending, down from 49.6 in 2020. Staff pay was 34% 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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