Y — Mutual & Membership BenefitEIN: 416024782· Ruling Year: 2016

Electrical Workers Health & Welfare Fund

Bloomington, Minnesota

B-Health Score
52B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.94×
Peer Median10.70×
💰
$22.8M
Total Revenue
📊
$25.6M
Total Expenses
🏦
$24.1M
Net Assets
📋
$176K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.9%
Year-over-year change (2022 → 2023)
Net Margin
-12.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.94
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$22,790,040↓10%$25,626,328↑9%$24,320,151↓8%
2022$25,299,489↑3%$23,567,283↑28%$26,375,529↓4%
2021$24,491,701↑56%$18,465,280↑10%$27,423,421↑30%
2020$15,738,609↓8%$16,851,468↓3%$21,128,053↓1%
2019$17,168,174↑6%$17,369,538↑9%$21,377,309↑5%
2018$16,133,603↓2%$15,871,270$20,271,502↓2%
2017$16,513,766↑5%$15,937,966↑7%$20,735,738↑8%
2016$15,791,381↓11%$14,906,800$19,146,645↑7%
2015$17,724,108↑12%$14,853,820↑6%$17,934,014↑16%
2014$15,756,744↑43%$13,984,146↑40%$15,463,296↑16%
2013$11,016,097↓3%$9,966,221↑6%$13,317,990↑44%
2012$11,352,002↑3%$9,379,629↑14%$9,260,982↑33%
2011$11,058,015$8,259,839$6,943,329

Frequently Asked Questions

What does Electrical Workers Health & Welfare Fund do?▼

Electrical Workers Health & Welfare Fund is a mutual & membership benefit nonprofit organization based in Minnesota. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Electrical Workers Health & Welfare Fund financially healthy?▼

Based on our 9-metric Financial Health Score model, Electrical Workers Health & Welfare Fund has a score of 52/100 (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 Electrical Workers Health & Welfare Fund generate?▼

Electrical Workers Health & Welfare Fund reports $22.8M in annual revenue and holds $22.7M in total assets, based on IRS filings.

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