Salem Foundation Pioneer Trust Company Trustee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 761,067 | 1,244,762 | −483,695 | 166.5 | 20% |
| 2013 | 2,985,109 | 1,290,418 | 1,694,691 | 185.7 | 19% |
| 2014 | 1,667,362 | 2,170,905 | −503,543 | 114.5 | 15% |
| 2015 | 3,318,238 | 2,684,916 | 633,322 | 98.9 | 11% |
| 2016 | 3,188,252 | 3,599,686 | −411,434 | 72.7 | 9% |
| 2017 | 2,614,919 | 1,818,561 | 796,358 | 154.4 | 18% |
| 2018 | 3,200,819 | 1,860,786 | 1,340,033 | 166.1 | 18% |
| 2019 | 4,649,677 | 2,631,102 | 2,018,575 | 133.9 | 14% |
| 2020 | 2,231,073 | 2,819,958 | −588,885 | 124.5 | 14% |
| 2021 | 4,306,114 | 3,557,683 | 748,431 | 119.2 | 12% |
| 2022 | 4,735,987 | 4,442,641 | 293,346 | 92.7 | 11% |
| 2023 | 3,345,668 | 4,118,990 | −773,322 | 100.0 | 11% |
In its most recent public year (2023), this organization spent $773,322 more than it brought in. Its reserves stood at about 100 months of spending, down from 166.5 in 2012. Staff pay was 11% of spending. $1,443,240 of its net assets are donor-restricted.
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
Salem Foundation Pioneer Trust Company Trustee'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