ZUnclassifiedEIN: 135626340· Ruling Year: 1961

Local 342 Health Care Fund

Bohemia, New York

B+Health Score
69B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.39×
Peer Median5.86×
💰
$25.5M
Total Revenue
📊
$20.5M
Total Expenses
🏦
$8.1M
Net Assets
📋
$230K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.0%
Year-over-year change (2022 → 2023)
Net Margin
+19.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.39
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$25,496,0376%$20,460,03511%$8,305,802151%
2022$24,051,0872%$23,068,6252%$3,307,87339%
2021$23,562,7035%$22,528,6731%$2,384,29170%
2020$22,507,9371%$22,378,5243%$1,405,73623%
2019$22,693,32710%$23,064,45513%$1,139,30126%
2018$20,573,9991%$20,477,7995%$1,530,23115%
2017$20,794,3329%$21,461,75513%$1,809,69123%
2016$19,034,3181%$18,994,7142%$2,359,4232%
2015$18,792,349$18,650,5518%$2,397,1525%
2014$18,737,84712%$20,335,7551%$2,288,43237%
2013$21,189,852$20,628,6303%$3,658,29835%
2012$21,237,3066%$21,359,3654%$2,701,1832%
2011$22,600,018$22,150,190$2,757,611

Frequently Asked Questions

What does Local 342 Health Care Fund do?

Local 342 Health Care 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 Local 342 Health Care Fund financially healthy?

Based on our 9-metric Financial Health Score model, Local 342 Health Care Fund has a score of 69/100 (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 342 Health Care Fund generate?

Local 342 Health Care Fund reports $26.6M in annual revenue and holds $10.9M in total assets, based on IRS filings.

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