YMutual & Membership BenefitEIN: 541957458· Ruling Year: 2001

First Community Bankshares Inc Welfare Benefits Trust

Bluefield, Virginia

CHealth Score
40C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

💰
$5.8M
Total Revenue
📊
$5.9M
Total Expenses
🏦
$482K
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.1%
Year-over-year change (2021 → 2022)
Net Margin
-2.5%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$5,786,3512%$5,928,5205%$482,18157%
2021$5,913,18312%$5,628,04518%$306,5721330%
2020$6,691,88617%$6,829,50721%$21,43487%
2019$5,698,1922%$5,624,67010%$159,05586%
2018$5,793,11219%$6,277,95031%$85,53385%
2017$4,886,4695%$4,779,4734%$570,37123%
2016$5,127,6563%$4,995,3198%$463,37540%
2015$4,982,16511%$5,455,60622%$331,03859%
2014$4,491,18829%$4,474,53330%$804,4796%
2013$6,359,29350%$6,372,57870%$857,6447%
2012$4,246,98917%$3,747,45631%$801,109166%
2011$5,112,123$5,421,528$301,576

Frequently Asked Questions

What does First Community Bankshares Inc Welfare Benefits Trust do?

First Community Bankshares Inc Welfare Benefits Trust is a mutual & membership benefit nonprofit organization based in Virginia. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Community Bankshares Inc Welfare Benefits Trust financially healthy?

Based on our 9-metric Financial Health Score model, First Community Bankshares Inc Welfare Benefits Trust has a score of 40/100 (Grade: C). 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 First Community Bankshares Inc Welfare Benefits Trust generate?

First Community Bankshares Inc Welfare Benefits Trust reports $5.8M in annual revenue and holds $365K in total assets, based on IRS filings.

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