ZUnclassifiedEIN: 237404076· Ruling Year: 1976

Plumbers And Steamfitters Local Number 42 Health And Welfare Plan

Norwalk, Ohio

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.19×
Peer Median15.40×
💰
$5.2M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$4.2M
Net Assets
📋
$3.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.6%
Year-over-year change (2022 → 2023)
Net Margin
+32.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.19
Net assets divided by total expenses
Liabilities-to-Assets
48.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,206,5598%$3,494,17210%$8,078,34130%
2022$5,632,19914%$3,164,39952%$6,208,16740%
2021$4,929,6086%$2,080,59939%$4,419,90524%
2020$5,220,2913%$3,429,893375%$3,563,00754%
2019$5,062,22818%$721,39875%$2,319,14636%
2018$4,287,1375%$2,874,1459%$1,702,32441%
2017$4,089,7296%$3,153,47040%$2,892,54327%
2016$4,344,2823%$5,254,2313%$3,937,2111%
2015$4,229,30410%$5,083,33412%$3,879,96012%
2014$3,836,35918%$4,522,2815%$3,471,2504%
2013$3,239,2284%$4,303,6258%$3,347,2639%
2012$3,371,424$4,695,136$3,672,166

Frequently Asked Questions

What does Plumbers And Steamfitters Local Number 42 Health And Welfare Plan do?

Plumbers And Steamfitters Local Number 42 Health And Welfare Plan is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers And Steamfitters Local Number 42 Health And Welfare Plan financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers And Steamfitters Local Number 42 Health And Welfare Plan 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 Plumbers And Steamfitters Local Number 42 Health And Welfare Plan generate?

Plumbers And Steamfitters Local Number 42 Health And Welfare Plan reports $6.9M in annual revenue and holds $13.3M in total assets, based on IRS filings.

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