Z — UnclassifiedEIN: 050498023

Plumbers & Pipefitters Local Union 51-health & Welfare Fund

Riverside, Rhode Island

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

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

💰
$12.2M
Total Revenue
📊
$13.3M
Total Expenses
🏦
$16.1M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.7%
Year-over-year change (2022 → 2023)
Net Margin
-9.4%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$12,185,958↓6%$13,332,679↑3%$16,115,500↓8%
2022$12,924,506↑3%$12,892,633↑4%$17,597,321↓10%
2021$12,548,834↓3%$12,430,662↓2%$19,556,883↑7%
2020$12,936,760↓3%$12,664,976↑3%$18,264,006↑2%
2019$13,405,960↑15%$12,299,607↑10%$17,992,222↑7%
2018$11,667,744↓7%$11,155,581↑5%$16,885,869↑3%
2017$12,579,216↑11%$10,613,612↑8%$16,373,706↑14%
2016$11,318,520$9,799,995↑4%$14,408,102↑10%
2015$11,355,173↓1%$9,409,707↓3%$13,046,937↑17%
2014$11,506,550↑4%$9,689,031↓11%$11,192,397↑32%
2013$11,110,441↓10%$10,918,987↑4%$8,482,441↑3%
2012$12,281,373$10,523,495$8,206,251

Frequently Asked Questions

What does Plumbers & Pipefitters Local Union 51-health & Welfare Fund do?▼

Plumbers & Pipefitters Local Union 51-health & Welfare Fund is a unclassified nonprofit organization based in Rhode Island. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers & Pipefitters Local Union 51-health & Welfare Fund financially healthy?▼

Based on our 9-metric Financial Health Score model, Plumbers & Pipefitters Local Union 51-health & Welfare Fund has a score of 62/100 (Grade: B). 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 Plumbers & Pipefitters Local Union 51-health & Welfare Fund generate?▼

Plumbers & Pipefitters Local Union 51-health & Welfare Fund reports $12.2M in annual revenue and holds $16.1M in total assets, based on IRS filings.

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