ZUnclassifiedEIN: 041473615· Ruling Year: 1944

Ironworkers Union Local 7

South Boston, Massachusetts

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.08×
Peer Median5.86×
💰
$17.3M
Total Revenue
📊
$12.6M
Total Expenses
🏦
$26.1M
Net Assets
📋
$604K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.4%
Year-over-year change (2022 → 2023)
Net Margin
+27.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.08
Net assets divided by total expenses
Liabilities-to-Assets
2.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$17,288,09910%$12,556,9116%$26,673,08120%
2022$15,665,0641%$13,395,9906%$22,159,1088%
2021$15,536,29027%$12,638,6326%$20,580,99023%
2020$12,235,43910%$11,964,9744%$16,753,7083%
2019$13,537,3023%$12,511,50110%$16,296,4556%
2018$13,949,45218%$11,358,39624%$15,433,58723%
2017$11,824,8698%$9,163,1176%$12,552,20428%
2016$10,948,6796%$9,739,14123%$9,798,44713%
2015$10,356,62422%$7,916,5455%$8,661,63641%
2014$8,490,34515%$7,519,85011%$6,149,97222%
2013$10,014,40472%$6,744,41717%$5,030,51397%
2012$5,833,002$8,154,806$2,551,677

Frequently Asked Questions

What does Ironworkers Union Local 7 do?

Ironworkers Union Local 7 is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ironworkers Union Local 7 financially healthy?

Based on our 9-metric Financial Health Score model, Ironworkers Union Local 7 has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ironworkers Union Local 7 generate?

Ironworkers Union Local 7 reports $15.0M in annual revenue and holds $30.3M in total assets, based on IRS filings.

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Ironworkers Union Local 7 — South Boston, MA | GiveScope