ZUnclassifiedEIN: 616038481· Ruling Year: 1966

Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund

Lexington, Kentucky

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.47×
Peer Median15.40×
💰
$6.0M
Total Revenue
📊
$5.9M
Total Expenses
🏦
$8.7M
Net Assets
📋
$43K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.9%
Year-over-year change (2022 → 2023)
Net Margin
+1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.47
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,013,4846%$5,933,93311%$8,768,6871%
2022$5,680,01412%$5,350,66919%$8,830,4902%
2021$5,087,9598%$4,501,3356%$8,990,38514%
2020$5,542,7104%$4,791,0781%$7,866,12515%
2019$5,792,18412%$4,745,24411%$6,838,75621%
2018$5,166,45515%$4,270,8244%$5,632,76418%
2017$4,501,49318%$4,444,9115%$4,788,7691%
2016$5,463,9281%$4,684,20912%$4,739,63021%
2015$5,496,61428%$4,163,97729%$3,904,30550%
2014$4,301,8532%$3,229,8248%$2,598,59574%
2013$4,212,31916%$3,516,0238%$1,493,67490%
2012$3,627,96912%$3,827,7202%$784,09422%
2011$3,246,160$3,759,751$1,002,978

Frequently Asked Questions

What does Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund do?

Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund has a score of 78/100 (Grade: A-). 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 Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund generate?

Plumbers & Steamfitters Local Union #248 Health & Welfare Trust Fund reports $7.0M in annual revenue and holds $10.0M in total assets, based on IRS filings.

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