International Union Of Hoisting & Portable Engineers Local 701
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,713,037 | 3,616,840 | 1,096,197 | 37.3 | 37% |
| 2012 | 4,085,867 | 3,551,695 | 534,172 | 40.4 | 36% |
| 2013 | 4,104,214 | 3,418,870 | 685,344 | 45.5 | 38% |
| 2014 | 4,080,362 | 3,902,044 | 178,318 | 40.1 | 40% |
| 2015 | 4,300,262 | 4,172,216 | 128,046 | 35.9 | 42% |
| 2016 | 4,054,651 | 4,232,696 | −178,045 | 36.6 | 37% |
| 2017 | 4,949,365 | 4,141,344 | 808,021 | 41.0 | 36% |
| 2018 | 5,294,651 | 4,582,368 | 712,283 | 36.4 | 36% |
| 2019 | 5,428,094 | 4,573,897 | 854,197 | 42.1 | 38% |
| 2020 | 5,665,665 | 4,316,164 | 1,349,501 | 49.9 | 37% |
| 2021 | 6,566,762 | 4,645,403 | 1,921,359 | 53.4 | 37% |
| 2022 | 6,796,353 | 5,023,554 | 1,772,799 | 46.9 | 35% |
| 2023 | 7,162,862 | 5,199,387 | 1,963,475 | 52.6 | 35% |
In its most recent public year (2023), this organization brought in $1,963,475 more than it spent. Its reserves stood at about 52.6 months of spending, up from 37.3 in 2011. Staff pay was 35% 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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