ZUnclassifiedEIN: 386447251· Ruling Year: 1984

Plumbers Local No 98 Insurance Fund

Troy, Michigan

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.49×
Peer Median5.86×
💰
$16.3M
Total Revenue
📊
$14.6M
Total Expenses
🏦
$21.9M
Net Assets
📋
$111K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.6%
Year-over-year change (2022 → 2023)
Net Margin
+10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.49
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$16,261,01911%$14,622,6553%$21,963,6104%
2022$14,696,13018%$15,049,7759%$21,054,36810%
2021$17,830,7009%$16,473,85317%$23,353,13112%
2020$16,423,06312%$14,108,77017%$20,825,15112%
2019$14,682,2747%$16,978,7894%$18,614,2467%
2018$15,728,3483%$17,654,78714%$19,982,1097%
2017$16,258,05823%$15,495,9613%$21,376,0687%
2016$13,208,4838%$16,006,41514%$19,953,0616%
2015$14,403,5587%$14,029,24521%$21,334,6567%
2014$13,446,8614%$11,576,77116%$23,042,9649%
2013$12,931,54219%$9,981,5863%$21,150,19716%
2012$15,935,7276%$9,651,85610%$18,201,37253%
2011$16,962,06632%$8,811,63824%$11,903,792216%
2010$12,874,556$11,609,904$3,761,657

Frequently Asked Questions

What does Plumbers Local No 98 Insurance Fund do?

Plumbers Local No 98 Insurance Fund is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers Local No 98 Insurance Fund financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers Local No 98 Insurance Fund has a score of 61/100 (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 Local No 98 Insurance Fund generate?

Plumbers Local No 98 Insurance Fund reports $17.1M in annual revenue and holds $26.0M in total assets, based on IRS filings.

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Plumbers Local No 98 Insurance Fund — Troy, MI | GiveScope