Local Union No 328 Of The United Brotherhood Of Carpenters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 923,490 | 760,508 | 162,982 | 8.8 | 36% |
| 2021 | 659,442 | 635,231 | 24,211 | 10.9 | 31% |
| 2022 | 696,937 | 750,471 | −53,534 | 8.4 | 34% |
| 2023 | 685,481 | 766,767 | −81,286 | 7.0 | 32% |
| 2024 | 773,217 | 847,015 | −73,798 | 5.3 | 40% |
In its most recent public year (2024), this organization spent $73,798 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 8.8 in 2020. Staff pay was 40% of spending. $125,750 of its net assets are donor-restricted.
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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