Hawaii Carpenters Health & Welfare Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,158,973 | 43,254,471 | 13,904,502 | 82.8 | 0% |
| 2021 | 68,342,021 | 46,637,901 | 21,704,120 | 87.3 | 0% |
| 2022 | 58,137,063 | 46,837,334 | 11,299,729 | 79.8 | 0% |
| 2023 | 58,274,819 | 49,134,029 | 9,140,790 | 78.4 | 0% |
In its most recent public year (2023), this organization brought in $9,140,790 more than it spent. Its reserves stood at about 78.4 months of spending, down from 82.8 in 2020. 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
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