YMutual & Membership BenefitEIN: 562489386· Ruling Year: 2005

Health Reimbursement Account Fund Of The Electrical Industry

Flushing, New York

BHealth Score
59B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.27×
Peer Median10.70×
💰
$52.3M
Total Revenue
📊
$55.8M
Total Expenses
🏦
$126.4M
Net Assets
📋
$49K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.9%
Year-over-year change (2022 → 2023)
Net Margin
-6.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.27
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$52,253,67011%$55,799,22312%$126,454,4733%
2022$47,126,96810%$49,741,8276%$129,953,0402%
2021$42,957,7694%$47,139,3748%$132,750,7263%
2020$41,160,61327%$43,687,34132%$136,963,3172%
2019$32,298,5018%$33,067,06824%$139,603,0111%
2018$29,784,7117%$26,564,3421%$140,909,1842%
2017$27,942,06210%$26,937,7401%$137,549,82324%
2016$31,205,18212%$26,660,8544%$181,018,93518%
2015$27,798,352$25,731,0482%$153,015,0244%
2014$27,723,81914%$26,157,04411%$147,052,72817%
2013$24,283,7275%$23,665,9961%$178,238,44613%
2012$25,507,2093%$23,347,1284%$158,230,17212%
2011$24,743,442$22,520,879$179,995,852

Frequently Asked Questions

What does Health Reimbursement Account Fund Of The Electrical Industry do?

Health Reimbursement Account Fund Of The Electrical Industry is a mutual & membership benefit nonprofit organization based in New York. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Health Reimbursement Account Fund Of The Electrical Industry financially healthy?

Based on our 9-metric Financial Health Score model, Health Reimbursement Account Fund Of The Electrical Industry has a score of 59/100 (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 Health Reimbursement Account Fund Of The Electrical Industry generate?

Health Reimbursement Account Fund Of The Electrical Industry reports $62.6M in annual revenue and holds $122.9M in total assets, based on IRS filings.

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