Iron Workers Local 549 & 550 Medical & Benefit Fund
Ona, West Virginia
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 22 peers in Mutual & Membership Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,746,923↓3% | $9,892,207↓5% | $13,711,104↑3% | |
| 2022 | $11,059,495↑13% | $10,408,508↑12% | $13,260,484↑4% | — |
| 2021 | $9,826,274↓10% | $9,285,176↓8% | $12,782,578↑9% | — |
| 2020 | $10,960,542↓3% | $10,058,717↓1% | $11,681,392↑7% | — |
| 2019 | $11,323,448↑19% | $10,182,230↑1% | $10,888,491↑13% | — |
| 2018 | $9,502,325↑14% | $10,036,417↑2% | $9,610,557↓6% | — |
| 2017 | $8,369,531↑19% | $9,869,967↑6% | $10,221,070↓12% | — |
| 2016 | $7,023,013↓12% | $9,273,351↓4% | $11,632,700↓17% | — |
| 2015 | $7,998,124↓5% | $9,628,527↑15% | $13,968,010↓12% | — |
| 2014 | $8,447,801↑10% | $8,391,355↑11% | $15,784,011 | — |
| 2013 | $7,661,236 | $7,585,944↑9% | $15,842,722↑1% | — |
| 2012 | $7,655,362↑5% | $6,981,936 | $15,742,191↑3% | — |
| 2011 | $7,310,170↓14% | $6,961,244↓9% | $15,326,476↑16% | — |
| 2009 | $8,466,401 | $7,668,264 | $13,197,992 | — |
Frequently Asked Questions
What does Iron Workers Local 549 & 550 Medical & Benefit Fund do?▼
Iron Workers Local 549 & 550 Medical & Benefit Fund is a mutual & membership benefit nonprofit organization based in West Virginia. It is classified under NTEE code Y40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Iron Workers Local 549 & 550 Medical & Benefit Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Iron Workers Local 549 & 550 Medical & Benefit Fund has a score of 70/100 (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 Iron Workers Local 549 & 550 Medical & Benefit Fund generate?▼
Iron Workers Local 549 & 550 Medical & Benefit Fund reports $12.7M in annual revenue and holds $17.2M in total assets, based on IRS filings.
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