Local 198 Emergency Relief Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 305,151 | 151,230 | 153,921 | 12.2 | 0% |
| 2018 | 1,170 | 37,123 | −35,953 | 38.1 | 0% |
| 2019 | 0 | 7,334 | −7,334 | 181.0 | — |
| 2020 | 0 | 4,215 | −4,215 | 303.0 | — |
| 2021 | 13,225 | 15,455 | −2,230 | 80.9 | — |
| 2022 | 1,000 | 4,228 | −3,228 | 286.5 | — |
| 2023 | 0 | 1,385 | −1,385 | 862.8 | — |
In its most recent public year (2023), this organization spent $1,385 more than it brought in. Its reserves stood at about 862.8 months of spending, up from 12.2 in 2017.
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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