ZUnclassifiedEIN: 391856935· Ruling Year: 1998

Local 434 Health & Welfare Fund

Bloomington, Minnesota

B+Health Score
73B+

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 Org2.10×
Peer Median5.86×
💰
$19.7M
Total Revenue
📊
$17.9M
Total Expenses
🏦
$37.7M
Net Assets
📋
$121K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.5%
Year-over-year change (2023 → 2024)
Net Margin
+8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.10
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$19,691,4774%$17,929,7902%$37,861,35614%
2023$18,843,6107%$17,509,5149%$33,346,7933%
2022$17,650,71614%$16,114,85215%$32,404,0413%
2021$20,608,32123%$13,968,8129%$33,532,77326%
2020$16,784,14516%$15,345,25814%$26,518,4759%
2019$14,523,0581%$13,486,1807%$24,406,8305%
2018$14,371,10012%$14,571,45114%$23,259,5191%
2017$12,885,21015%$12,769,85720%$23,110,5575%
2016$15,156,61533%$10,648,4456%$21,978,93810%
2015$11,411,8101%$10,054,7964%$20,003,8099%
2014$11,320,5802%$9,685,0264%$18,281,66214%
2013$11,520,22016%$10,099,25620%$16,056,84614%
2012$9,896,6778%$8,382,819$14,037,69711%
2011$9,202,847$8,418,122$12,610,510

Frequently Asked Questions

What does Local 434 Health & Welfare Fund do?

Local 434 Health & Welfare Fund is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local 434 Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Local 434 Health & Welfare Fund has a score of 73/100 (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 Local 434 Health & Welfare Fund generate?

Local 434 Health & Welfare Fund reports $19.7M in annual revenue and holds $37.9M in total assets, based on IRS filings.

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