YMutual & Membership BenefitEIN: 383690592· Ruling Year: 2005

Neca Ibew Local 364 Supplemental Unemployment Benefit Plan

Lansing, Michigan

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.03×
Peer Median29.60×
💰
$3.7M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$10.1M
Net Assets
📋
$194K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.3%
Year-over-year change (2022 → 2023)
Net Margin
+32.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.03
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,706,9349%$2,506,246169%$10,295,20413%
2022$4,087,485203%$930,24318%$9,077,95240%
2021$1,347,18020%$789,53634%$6,481,87133%
2020$1,121,1574%$1,195,2826%$4,881,03911%
2019$1,163,3969%$1,124,0174%$5,463,6622%
2018$1,067,56331%$1,167,939116%$5,596,405
2017$1,549,139141%$539,97730%$5,596,20429%
2016$643,37433%$776,16322%$4,328,4914%
2015$966,4051%$634,42721%$4,525,4426%
2014$979,00644%$806,2555%$4,256,7931%
2013$681,52431%$844,5377%$4,198,3992%
2012$982,084$908,651$4,299,544

Frequently Asked Questions

What does Neca Ibew Local 364 Supplemental Unemployment Benefit Plan do?

Neca Ibew Local 364 Supplemental Unemployment Benefit Plan is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Neca Ibew Local 364 Supplemental Unemployment Benefit Plan financially healthy?

Based on our 9-metric Financial Health Score model, Neca Ibew Local 364 Supplemental Unemployment Benefit Plan 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 Neca Ibew Local 364 Supplemental Unemployment Benefit Plan generate?

Neca Ibew Local 364 Supplemental Unemployment Benefit Plan reports $4.1M in annual revenue and holds $12.3M in total assets, based on IRS filings.

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