YMutual & 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$22,790,04010%$25,626,3289%$24,320,1518%
2022$25,299,4893%$23,567,28328%$26,375,5294%
2021$24,491,70156%$18,465,28010%$27,423,42130%
2020$15,738,6098%$16,851,4683%$21,128,0531%
2019$17,168,1746%$17,369,5389%$21,377,3095%
2018$16,133,6032%$15,871,270$20,271,5022%
2017$16,513,7665%$15,937,9667%$20,735,7388%
2016$15,791,38111%$14,906,800$19,146,6457%
2015$17,724,10812%$14,853,8206%$17,934,01416%
2014$15,756,74443%$13,984,14640%$15,463,29616%
2013$11,016,0973%$9,966,2216%$13,317,99044%
2012$11,352,0023%$9,379,62914%$9,260,98233%
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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Electrical Workers Health & Welfare Fund — Bloomington, MN | GiveScope