Joint Electrical Industry Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,693,348 | 1,222,568 | 470,780 | 51.9 | 9% |
| 2021 | 2,015,967 | 1,984,182 | 31,785 | 32.2 | 6% |
| 2022 | 1,823,506 | 2,170,018 | −346,512 | 27.5 | 6% |
| 2023 | 1,649,225 | 1,426,557 | 222,668 | 43.7 | 9% |
In its most recent public year (2023), this organization brought in $222,668 more than it spent. Its reserves stood at about 43.7 months of spending, down from 51.9 in 2020. Staff pay was 9% 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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