ZUnclassifiedEIN: 366110305· Ruling Year: 1958

Plumbers & Pipe Fitters 23 Health & Welfare Fund

Rockford, Illinois

B+Health Score
67B+

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 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.38×
Peer Median5.86×
💰
$14.0M
Total Revenue
📊
$13.5M
Total Expenses
🏦
$32.1M
Net Assets
📋
$368K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.5%
Year-over-year change (2022 → 2023)
Net Margin
+3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.38
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,967,14817%$13,473,1703%$32,453,22112%
2022$11,888,7502%$13,021,4018%$29,005,20116%
2021$11,670,58312%$12,024,7897%$34,329,1641%
2020$10,416,8454%$11,265,5032%$34,784,4912%
2019$10,869,4266%$11,060,6039%$34,237,2916%
2018$10,258,5349%$12,119,29028%$32,189,8589%
2017$11,246,89424%$9,479,24417%$35,421,4578%
2016$9,085,3866%$8,103,97417%$32,757,2776%
2015$8,553,180$6,925,6248%$31,043,0764%
2014$8,573,96610%$7,490,4722%$29,750,6706%
2013$7,822,6327%$7,659,85213%$27,936,1197%
2012$8,452,5916%$6,766,43014%$26,183,88012%
2011$9,019,754$5,933,191$23,438,244

Frequently Asked Questions

What does Plumbers & Pipe Fitters 23 Health & Welfare Fund do?

Plumbers & Pipe Fitters 23 Health & 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 Plumbers & Pipe Fitters 23 Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers & Pipe Fitters 23 Health & Welfare Fund has a score of 67/100 (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 & Pipe Fitters 23 Health & Welfare Fund generate?

Plumbers & Pipe Fitters 23 Health & Welfare Fund reports $16.6M in annual revenue and holds $35.8M in total assets, based on IRS filings.

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Plumbers & Pipe Fitters 23 Health & Welfare Fund — Rockford, IL | GiveScope