Local No 840 I B E W Health Insurance Plan
Geneva, 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 | $4,207,545↑21% | $3,091,283↑5% | $6,286,974↑23% | — |
| 2022 | $3,485,878↓1% | $2,939,954↑11% | $5,104,195↑13% | — |
| 2021 | $3,518,829↑19% | $2,638,305↑14% | $4,516,954↑23% | — |
| 2020 | $2,956,242↓3% | $2,314,862↑9% | $3,660,366↑22% | — |
| 2019 | $3,041,890↑8% | $2,122,250↑1% | $3,012,204↑44% | — |
| 2018 | $2,817,558↑9% | $2,111,003↓6% | $2,085,261↑53% | — |
| 2017 | $2,595,876↑4% | $2,256,024↑9% | $1,364,923↑22% | — |
| 2016 | $2,491,614↑55% | $2,077,105↓1% | $1,115,993↑82% | — |
| 2015 | $1,602,549↓11% | $2,094,572↑4% | $614,711↓44% | — |
| 2014 | $1,805,276↑14% | $2,022,860↑26% | $1,097,457↓18% | — |
| 2013 | $1,578,950↑11% | $1,605,482↑3% | $1,339,612↓4% | — |
| 2012 | $1,419,776↓8% | $1,554,847↑30% | $1,393,983↓8% | — |
| 2011 | $1,543,600 | $1,192,362 | $1,510,945 | — |
Frequently Asked Questions
What does Local No 840 I B E W Health Insurance Plan do?▼
Local No 840 I B E W Health Insurance Plan 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 No 840 I B E W Health Insurance Plan financially healthy?▼
Based on our 9-metric Financial Health Score model, Local No 840 I B E W Health Insurance Plan has a score of 73/100 (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 No 840 I B E W Health Insurance Plan generate?▼
Local No 840 I B E W Health Insurance Plan reports $4.4M in annual revenue and holds $7.3M in total assets, based on IRS filings.
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