ZUnclassifiedEIN: 111628171· Ruling Year: 1951

Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund

Hempstead, New York

A-Health Score
77A-

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 Org1.44×
Peer Median5.86×
💰
$36.8M
Total Revenue
📊
$31.5M
Total Expenses
🏦
$45.4M
Net Assets
📋
$756K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.1%
Year-over-year change (2022 → 2023)
Net Margin
+14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.44
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$36,832,70810%$31,459,00710%$46,114,70817%
2022$33,460,8772%$34,985,4983%$39,440,1808%
2021$34,074,8569%$34,031,80614%$42,836,4101%
2020$31,281,7711%$29,732,3161%$42,569,5806%
2019$31,042,81819%$30,039,24319%$40,301,8261%
2018$26,131,56511%$25,308,69612%$40,841,4674%
2017$23,598,3133%$22,539,6126%$39,290,0296%
2016$22,879,9569%$21,263,6132%$37,198,7305%
2015$20,925,28912%$21,807,4226%$35,494,4431%
2014$18,613,8091%$20,551,89119%$35,856,7742%
2013$18,427,5195%$17,255,7066%$36,574,2864%
2012$17,510,4102%$16,232,415$35,213,6096%
2011$17,181,081$16,289,009$33,260,115

Frequently Asked Questions

What does Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund do?

Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund is a unclassified nonprofit organization based in New York. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund has a score of 77/100 (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 Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund generate?

Laborers Union-1298 Of Nassau And Suffolk Counties Welfare Fund reports $41.6M in annual revenue and holds $53.9M in total assets, based on IRS filings.

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