Sheet Metal Workers Local 104 Health Care Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,075,558 | 74,912,832 | 1,162,726 | 4.0 | 0% |
| 2012 | 79,280,834 | 71,778,549 | 7,502,285 | 5.5 | 0% |
| 2013 | 89,205,901 | 71,283,657 | 17,922,244 | 8.6 | 0% |
| 2014 | 86,362,857 | 76,124,539 | 10,238,318 | 10.3 | 0% |
| 2015 | 94,588,301 | 82,483,541 | 12,104,760 | 11.2 | 0% |
| 2016 | 106,975,891 | 88,170,663 | 18,805,228 | 13.2 | 0% |
| 2017 | 113,387,480 | 97,038,820 | 16,348,660 | 14.4 | 0% |
| 2018 | 119,764,405 | 108,587,023 | 11,177,382 | 14.2 | 0% |
| 2019 | 130,343,750 | 108,185,069 | 22,158,681 | 17.5 | 0% |
| 2020 | 136,448,990 | 100,169,889 | 36,279,101 | 22.1 | 0% |
| 2021 | 122,415,535 | 119,134,825 | 3,280,710 | 20.5 | 0% |
| 2022 | 125,609,570 | 122,815,151 | 2,794,419 | 16.9 | 0% |
| 2023 | 123,055,352 | 131,214,383 | −8,159,031 | 15.4 | 0% |
In its most recent public year (2023), this organization spent $8,159,031 more than it brought in. Its reserves stood at about 15.4 months of spending, up from 4 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
Sheet Metal Workers Local 104 Health Care Plan'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