Pinnacle West Capital Corporation Union Health Benefits Master Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,320,967 | 37,113,833 | 12,207,134 | 136.7 | 0% |
| 2012 | 49,839,151 | 32,050,340 | 17,788,811 | 172.6 | 1% |
| 2013 | 33,626,098 | 28,836,917 | 4,789,181 | 205.7 | 1% |
| 2014 | 41,939,029 | 21,489,923 | 20,449,106 | 307.7 | 1% |
| 2015 | 53,583,856 | 2,387,495 | 51,196,361 | 2760.4 | 11% |
| 2016 | 40,392,048 | 16,198,742 | 24,193,306 | 427.6 | 1% |
| 2017 | 87,894,751 | 2,677,133 | 85,217,618 | 2972.5 | 6% |
| 2018 | 8,490,545 | 18,551,489 | −10,060,944 | 294.6 | 0% |
| 2019 | −27,803,477 | 22,118,243 | −49,921,720 | 241.4 | 0% |
| 2020 | 39,110,670 | 21,080,078 | 18,030,592 | 280.1 | 0% |
| 2021 | 13,509,022 | 19,683,302 | −6,174,280 | 296.7 | 0% |
| 2022 | −403,891,634 | 2,304,050 | −406,195,684 | 369.3 | 0% |
| 2023 | 30,371,495 | 19,673,270 | 10,698,225 | 264.4 | 0% |
In its most recent public year (2023), this organization brought in $10,698,225 more than it spent. Its reserves stood at about 264.4 months of spending, up from 136.7 in 2011. Staff pay was 0% 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
Pinnacle West Capital Corporation Union Health Benefits Master Trust'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