ZUnclassifiedEIN: 237181744· Ruling Year: 1972

Local Union 704 I B E W Health And Welfare Fund

Moline, Illinois

BHealth Score
64B

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.19×
Peer Median15.40×
💰
$2.5M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$2.6M
Net Assets
📋
$3.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.1%
Year-over-year change (2022 → 2023)
Net Margin
+11.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.19
Net assets divided by total expenses
Liabilities-to-Assets
57.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,517,53810%$2,217,2044%$6,223,38011%
2022$2,286,6381%$2,137,9759%$5,603,7249%
2021$2,272,0584%$1,967,3394%$5,158,69214%
2020$2,185,70410%$1,888,8217%$4,542,60112%
2019$2,420,22021%$1,757,20728%$4,072,94524%
2018$3,070,08932%$2,436,44918%$3,289,43225%
2017$2,333,2005%$2,057,5607%$2,621,47712%
2016$2,232,69430%$2,218,04742%$2,350,1036%
2015$1,711,8083%$1,567,0321%$2,217,0109%
2014$1,772,6648%$1,553,7004%$2,039,36714%
2013$1,647,86912%$1,614,95213%$1,796,3291%
2012$1,476,458$1,426,973$1,784,588
2011$0$0$0

Frequently Asked Questions

What does Local Union 704 I B E W Health And Welfare Fund do?

Local Union 704 I B E W Health And Welfare Fund is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local Union 704 I B E W Health And Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Local Union 704 I B E W Health And Welfare Fund has a score of 64/100 (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 Union 704 I B E W Health And Welfare Fund generate?

Local Union 704 I B E W Health And Welfare Fund reports $2.8M in annual revenue and holds $7.1M in total assets, based on IRS filings.

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