Plumbers & Steamfitters Local Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 241,499 | 250,137 | −8,638 | 14.9 | 33% |
| 2012 | 287,239 | 243,239 | 44,000 | 17.5 | 34% |
| 2013 | 252,145 | 253,115 | −970 | 17.2 | 35% |
| 2014 | 361,581 | 254,629 | 106,952 | 22.2 | 35% |
| 2015 | 345,538 | 260,234 | 85,304 | 25.6 | 33% |
| 2016 | 431,400 | 299,407 | 131,993 | 27.9 | 31% |
| 2017 | 393,616 | 307,762 | 85,854 | 31.3 | 30% |
| 2018 | 357,509 | 287,340 | 70,169 | 35.7 | 31% |
| 2019 | 307,591 | 297,186 | 10,405 | 35.4 | 31% |
| 2020 | 253,047 | 274,044 | −20,997 | 38.6 | 34% |
| 2021 | 221,412 | 255,632 | −34,220 | 42.8 | 65% |
| 2022 | 267,712 | 316,286 | −48,574 | 28.3 | 49% |
| 2023 | 305,416 | 307,091 | −1,675 | 30.2 | 46% |
In its most recent public year (2023), this organization spent $1,675 more than it brought in. Its reserves stood at about 30.2 months of spending, up from 14.9 in 2011. Staff pay was 46% 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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