Ormet Corporation Hannibal Ohio Hourly Retiree Benefit Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,954,550 | 8,168,940 | 8,785,610 | 59.6 | 0% |
| 2012 | 10,872,708 | 5,872,892 | 4,999,816 | 96.1 | 0% |
| 2013 | 3,901,088 | 6,381,016 | −2,479,928 | 89.1 | 0% |
| 2014 | 3,667,517 | 6,366,718 | −2,699,201 | 88.2 | 0% |
| 2015 | 3,604,502 | 6,757,130 | −3,152,628 | 77.0 | 0% |
| 2016 | 3,495,732 | 5,900,115 | −2,404,383 | 86.3 | 0% |
| 2017 | 4,705,859 | 6,055,913 | −1,350,054 | 88.1 | 0% |
| 2018 | 3,810,041 | 5,795,990 | −1,985,949 | 83.4 | 0% |
| 2019 | 5,605,348 | 5,502,047 | 103,301 | 96.0 | 3% |
| 2020 | 4,256,380 | 4,988,456 | −732,076 | 113.0 | 3% |
| 2021 | 4,222,534 | 3,337,038 | 885,496 | 181.3 | 3% |
| 2022 | 1,784,439 | 4,541,591 | −2,757,152 | 109.2 | 2% |
| 2023 | 3,140,939 | 4,757,243 | −1,616,304 | 109.4 | 2% |
In its most recent public year (2023), this organization spent $1,616,304 more than it brought in. Its reserves stood at about 109.4 months of spending, up from 59.6 in 2011. Staff pay was 2% 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
Ormet Corporation Hannibal Ohio Hourly Retiree Benefit Tr's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works