ZUnclassifiedEIN: 411677804· Ruling Year: 1994

Neca Ibew Local 364 Welfare Trust

Lansing, Michigan

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 Org1.91×
Peer Median5.86×
💰
$28.5M
Total Revenue
📊
$18.1M
Total Expenses
🏦
$34.5M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.1%
Year-over-year change (2022 → 2023)
Net Margin
+36.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.91
Net assets divided by total expenses
Liabilities-to-Assets
10.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$28,517,09416%$18,088,5091%$38,654,95848%
2022$24,556,87433%$18,323,15513%$26,057,38117%
2021$18,428,05345%$16,158,6432%$22,232,26031%
2020$12,742,04110%$15,852,0457%$17,004,67318%
2019$14,166,46214%$14,868,840$20,804,6944%
2018$16,380,79512%$14,821,45212%$21,596,4323%
2017$14,661,33133%$13,244,1477%$20,986,60316%
2016$11,029,4599%$14,203,3753%$18,029,87514%
2015$12,103,5168%$13,782,42015%$20,844,53613%
2014$11,193,0483%$11,961,4919%$23,900,3121%
2013$10,856,53815%$10,957,6885%$24,140,0573%
2012$12,733,0374%$11,482,23615%$23,522,0256%
2011$13,242,415$9,941,861$22,117,368

Frequently Asked Questions

What does Neca Ibew Local 364 Welfare Trust do?

Neca Ibew Local 364 Welfare Trust 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 Neca Ibew Local 364 Welfare Trust financially healthy?

Based on our 9-metric Financial Health Score model, Neca Ibew Local 364 Welfare Trust 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 Neca Ibew Local 364 Welfare Trust generate?

Neca Ibew Local 364 Welfare Trust reports $30.0M in annual revenue and holds $50.6M in total assets, based on IRS filings.

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