I B E W Local Union 40-Los Angeles Neca Training Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 221,512 | 148,965 | 72,547 | 29.1 | 33% |
| 2012 | 198,950 | 184,965 | 13,985 | 24.3 | — |
| 2013 | 302,293 | 164,079 | 138,214 | 37.2 | 31% |
| 2014 | 215,359 | 205,235 | 10,124 | 30.5 | 36% |
| 2015 | 453,934 | 196,303 | 257,631 | 46.9 | 32% |
| 2016 | 526,073 | 283,411 | 242,662 | 42.9 | 47% |
| 2017 | 381,404 | 277,938 | 103,466 | 48.2 | 38% |
| 2018 | 329,486 | 281,364 | 48,122 | 49.4 | 33% |
| 2019 | 505,217 | 297,732 | 207,485 | 55.1 | 37% |
| 2020 | 651,655 | 285,702 | 365,953 | 72.6 | 37% |
| 2021 | 598,215 | 327,166 | 271,049 | 77.0 | 41% |
| 2022 | 1,146,576 | 430,290 | 716,286 | 67.1 | 41% |
| 2023 | 1,195,498 | 510,989 | 684,509 | 76.2 | 44% |
In its most recent public year (2023), this organization brought in $684,509 more than it spent. Its reserves stood at about 76.2 months of spending, up from 29.1 in 2011. Staff pay was 44% 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
I B E W Local Union 40-Los Angeles Neca Training Trust Fund'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