Teamsters Local Union 348 Health & Welfare Fund
Akron, Ohio
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 111 peers in Unclassified with $10M-$100M 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 | $9,927,553↑5% | $7,242,239 | $12,695,648↑29% | — |
| 2022 | $9,456,974↑7% | $7,261,488↑2% | $9,877,848↑27% | — |
| 2021 | $8,867,898↑9% | $7,126,135↑7% | $7,766,421↑29% | — |
| 2020 | $8,141,876↑7% | $6,633,828↑3% | $6,036,114↑33% | — |
| 2019 | $7,616,192↑4% | $6,441,482↑1% | $4,529,180↑35% | — |
| 2018 | $7,288,930↓9% | $6,403,596↓12% | $3,354,709↑36% | — |
| 2017 | $8,021,885↑1% | $7,258,747↑3% | $2,470,130↑45% | — |
| 2016 | $7,965,863↑7% | $7,074,817↑5% | $1,706,100↑124% | — |
| 2015 | $7,439,663↓2% | $6,731,627↓16% | $761,296↑114% | — |
| 2014 | $7,574,207↓1% | $8,046,054↑6% | $355,224↓68% | — |
| 2013 | $7,672,990↑7% | $7,621,129↑2% | $1,095,283↑8% | — |
| 2012 | $7,185,132↑3% | $7,479,766↓7% | $1,014,341↓2% | — |
| 2011 | $6,946,652 | $8,064,818 | $1,034,107 | — |
Frequently Asked Questions
What does Teamsters Local Union 348 Health & Welfare Fund do?▼
Teamsters Local Union 348 Health & Welfare Fund 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 Teamsters Local Union 348 Health & Welfare Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Teamsters Local Union 348 Health & Welfare Fund has a score of 81/100 (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 Teamsters Local Union 348 Health & Welfare Fund generate?▼
Teamsters Local Union 348 Health & Welfare Fund reports $10.0M in annual revenue and holds $14.9M in total assets, based on IRS filings.
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