Local 298 Health Benefit Fund Ii
Valley Stream, New York
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,803,578↑2% | $3,797,619↓8% | $3,396,034↑10% | — |
| 2022 | $3,718,860↓17% | $4,110,688↓5% | $3,101,056↓15% | — |
| 2021 | $4,460,186↓3% | $4,321,788↑4% | $3,667,434 | — |
| 2020 | $4,593,117↑4% | $4,138,263↓5% | $3,666,623↑13% | — |
| 2019 | $4,431,770↑5% | $4,350,821↑29% | $3,236,081↓9% | — |
| 2018 | $4,235,567↓1% | $3,359,782↓21% | $3,539,424↑33% | — |
| 2017 | $4,260,993↑8% | $4,227,512↑21% | $2,654,060↑14% | — |
| 2016 | $3,937,943↑19% | $3,481,520↑3% | $2,331,039↑34% | — |
| 2015 | $3,314,361↑5% | $3,386,346↑12% | $1,740,663↓4% | — |
| 2014 | $3,149,856↑25% | $3,013,215↑13% | $1,822,628↑10% | — |
| 2013 | $2,517,381↓2% | $2,659,037↓7% | $1,661,407↓8% | — |
| 2012 | $2,561,293↑4% | $2,868,580↑14% | $1,803,063↓15% | — |
| 2011 | $2,471,349 | $2,511,933 | $2,110,350 | — |
Frequently Asked Questions
What does Local 298 Health Benefit Fund Ii do?▼
Local 298 Health Benefit Fund Ii is a mutual & membership benefit nonprofit organization based in New York. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Local 298 Health Benefit Fund Ii financially healthy?▼
Based on our 9-metric Financial Health Score model, Local 298 Health Benefit Fund Ii has a score of 67/100 (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 Local 298 Health Benefit Fund Ii generate?▼
Local 298 Health Benefit Fund Ii reports $5.2M in annual revenue and holds $4.9M in total assets, based on IRS filings.
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