Plumbing & Pipefitting Industry Health & Welfare Fund Local Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,059,419 | 23,289,425 | −230,006 | 6.6 | 0% |
| 2012 | 17,751,499 | 18,218,844 | −467,345 | 8.2 | 0% |
| 2013 | 18,294,314 | 17,721,759 | 572,555 | 8.7 | 0% |
| 2014 | 17,795,201 | 18,422,274 | −627,073 | 7.9 | 0% |
| 2015 | 19,819,373 | 20,902,808 | −1,083,435 | 6.3 | 0% |
| 2016 | 21,592,375 | 19,913,008 | 1,679,367 | 7.8 | 0% |
| 2017 | 19,363,068 | 17,455,520 | 1,907,548 | 10.1 | 0% |
| 2018 | 20,137,991 | 17,444,762 | 2,693,229 | 11.9 | 0% |
| 2019 | 31,173,830 | 27,039,691 | 4,134,139 | 9.7 | 0% |
| 2020 | 22,694,574 | 21,720,819 | 973,755 | 13.1 | 0% |
| 2021 | 20,904,376 | 19,315,004 | 1,589,372 | 16.1 | 0% |
| 2022 | 20,672,904 | 18,276,703 | 2,396,201 | 16.9 | 0% |
| 2023 | 23,089,687 | 19,780,700 | 3,308,987 | 17.7 | 0% |
In its most recent public year (2023), this organization brought in $3,308,987 more than it spent. Its reserves stood at about 17.7 months of spending, up from 6.6 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
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