Ibew Local 1260 Insurance Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 142,055 | 147,956 | −5,901 | 56.6 | 0% |
| 2019 | 150,097 | 135,167 | 14,930 | 63.3 | 0% |
| 2020 | 148,611 | 111,289 | 37,322 | 80.9 | 0% |
| 2021 | 140,870 | 72,105 | 68,765 | 136.4 | 0% |
| 2022 | 139,138 | 45,831 | 93,307 | 239.0 | 0% |
| 2023 | 136,158 | 102,011 | 34,147 | 111.4 | 0% |
In its most recent public year (2023), this organization brought in $34,147 more than it spent. Its reserves stood at about 111.4 months of spending, up from 56.6 in 2018. 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
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