Amalgamated Union Local 450-a Welfare Fund
Only null% goes to programs Thin reserves
Amalgamated Union Local 450-a Welfare Fund is a 501(c)(9) organization based in Bayside, New York, registered in 2014, with $7,693,805 in FY2023 revenue. CharityIndex grades it C.
Po Box 604921, Bayside, NY, 11360 EIN 06-1697982 Since 2014
Revenue (FY2023)
$7.7M
▲ 9.4% vs prior year
Membership median: $185K
Expenses (FY2023)
$7.7M
Net assets
$589K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Amalgamated Union Local 450-a Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Amalgamated Union Local 450-a Welfare Fund: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Amalgamated Union Local 450-a Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Amalgamated Union Local 450-a Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 604921, Bayside, NY, 11360
- City
- Bayside
- State
- New York
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue held steady from $7.6M (FY2013) to $7.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $589K
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$589K
Total liabilities
$0
Net assets
$589K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,693,805▲9.4% | $7,654,621▲8.6% | $588,737▲7.1% | $588,737▲7.1% | 990 |
| 2022 | $7,034,401▲7.5% | $7,050,778▲8.1% | $549,553▼2.9% | $549,553▼2.9% | 990 |
| 2021 | $6,546,063▼13.7% | $6,522,356▼13.8% | $565,930▲4.4% | $565,930▲4.4% | 990 |
| 2020 | $7,583,848▲1.0% | $7,567,381▲1.3% | $542,223▲3.1% | $542,223▲3.1% | 990 |
| 2019 | $7,509,620▲6.3% | $7,472,524▲5.9% | $525,756▲7.6% | $525,756▲7.6% | 990 |
| 2018 | $7,062,808▲16.7% | $7,055,486▲16.1% | $488,660▲1.5% | $488,660▼3.0% | 990 |
| 2017 | $6,050,734▲15.8% | $6,075,332▲16.0% | $481,338▼4.9% | $503,633▼0.5% | 990 |
| 2016 | $5,223,663▼9.6% | $5,239,434▼8.8% | $505,936▼3.0% | $505,936▼3.0% | 990 |
| 2015 | $5,777,116▼23.7% | $5,745,045▼22.3% | $521,707▲6.5% | $521,707▲6.5% | 990 |
| 2014 | $7,574,196▼0.9% | $7,393,141▼1.0% | $489,636▲58.7% | $489,636▲58.7% | 990 |
| 2013 | $7,644,030 | $7,469,794 | $308,581 | $308,581 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Amalgamated Union Local 450-a Welfare Fund
Frequently asked questions
- Is Amalgamated Union Local 450-a Welfare Fund a legitimate nonprofit?
- Yes. Amalgamated Union Local 450-a Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 06-1697982, based in Bayside, New York.
- What is Amalgamated Union Local 450-a Welfare Fund's EIN?
- Amalgamated Union Local 450-a Welfare Fund's Employer Identification Number (EIN) is 06-1697982.
- How much revenue does Amalgamated Union Local 450-a Welfare Fund report?
- Amalgamated Union Local 450-a Welfare Fund reported $7,693,805 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Amalgamated Union Local 450-a Welfare Fund have?
- CharityIndex grades Amalgamated Union Local 450-a Welfare Fund C, based on financial health (reserves and operating margin).
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Data for Amalgamated Union Local 450-a Welfare Fund (EIN 06-1697982) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.