ZUnclassifiedEIN: 340225474· Ruling Year: 1995

Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers

Canton, Ohio

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.55×
Peer Median15.40×
💰
$2.1M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$2.4M
Net Assets
📋
$18K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.9%
Year-over-year change (2023 → 2024)
Net Margin
+26.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.55
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,130,9592%$1,573,4759%$2,453,63619%
2023$2,091,60725%$1,726,38428%$2,057,90417%
2022$1,674,88391%$1,347,39945%$1,759,9355%
2021$877,72812%$930,35715%$1,678,8151%
2020$994,65427%$1,095,12621%$1,665,8199%
2019$1,354,03516%$1,386,6626%$1,831,4962%
2018$1,613,8352%$1,478,7488%$1,863,8598%
2017$1,654,63935%$1,365,47221%$1,729,04120%
2016$1,224,8859%$1,124,5544%$1,438,9556%
2015$1,341,89427%$1,086,36713%$1,363,34123%
2014$1,057,0392%$960,62812%$1,106,01710%
2013$1,083,1702%$1,096,56120%$1,007,8824%
2012$1,065,665$917,481$1,055,213

Frequently Asked Questions

What does Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers do?

Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers 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 Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers financially healthy?

Based on our 9-metric Financial Health Score model, Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers has a score of 76/100 (Grade: A-). 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 No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers generate?

Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers reports $2.1M in annual revenue and holds $2.5M in total assets, based on IRS filings.

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Local Union No 550 Of The Intl Assn Of Bridge Str & Orn Iron Workers — Canton, OH | GiveScope