ZUnclassifiedEIN: 416024791

Carpenters & Joiners 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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.40×
Peer Median0.87×
💰
$256.9M
Total Revenue
📊
$234.0M
Total Expenses
🏦
$326.8M
Net Assets
📋
$14.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.9%
Year-over-year change (2022 → 2023)
Net Margin
+8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.40
Net assets divided by total expenses
Liabilities-to-Assets
4.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$256,942,0322%$234,047,3394%$341,734,79512%
2022$261,890,08415%$225,512,3405%$304,862,0003%
2021$228,602,5256%$214,327,2354%$314,491,4279%
2020$215,050,74024%$222,605,2141%$288,314,8781%
2019$281,339,39647%$224,714,86447%$285,248,29741%
2018$191,579,05731%$153,309,2388%$202,160,1771%
2017$146,161,3139%$141,958,2905%$200,285,4917%
2016$134,373,1442%$135,843,08411%$186,708,7161%
2015$132,053,09216%$122,674,13016%$184,151,5271%
2014$113,981,8239%$105,373,62311%$185,347,76511%
2013$104,600,68021%$95,222,42914%$167,127,98812%
2012$86,486,68410%$83,880,82420%$149,196,1237%
2011$95,897,951$69,656,728$140,068,672

Frequently Asked Questions

What does Carpenters & Joiners Welfare Fund do?

Carpenters & Joiners 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 Carpenters & Joiners Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Carpenters & Joiners 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 Carpenters & Joiners Welfare Fund generate?

Carpenters & Joiners Welfare Fund reports $261.9M in annual revenue and holds $349.6M in total assets, based on IRS filings.

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