Beer Industry-local Union No 703 Health and Welfare Fund is a 501(c)(9) organization based in Tinley Park, Illinois, registered in 1958, with $5,580,001 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$5.6M
▲ 2.6% vs prior year
Expenses (FY2024)
$7.7M
Net assets
$14.8M
Employees
—
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 Beer Industry-local Union No 703 Health and 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 →
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 Beer Industry-local Union No 703 Health and Welfare Fund: 23 mo reserves · -39% margin earns a D on this criterion. See the exact thresholds →
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 Beer Industry-local Union No 703 Health and 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 →
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 Beer Industry-local Union No 703 Health and Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5.3M (FY2013) to $5.6M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-38.6%
Spent more than it raised in the latest fiscal year.
Total assets
$15.1M
Total liabilities
$267K
Net assets
$14.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,580,001▲2.6% | $7,731,978▲17.6% | $14,815,983▼9.8% | $15,083,057▼9.9% | 990 |
| 2023 | $5,438,706▲15.5% | $6,574,032▲27.3% | $16,418,213▼2.3% | $16,733,890▼2.7% | 990 |
| 2022 | $4,708,357▼17.6% | $5,162,869▼15.3% | $16,797,845▼5.1% | $17,199,714▼10.2% | 990 |
| 2021 | $5,716,623▲4.2% | $6,093,424▲24.2% | $17,692,790▼1.8% | $19,145,779▼2.0% | 990 |
| 2020 | $5,485,631▼4.1% | $4,907,118▼19.8% | $18,011,196▲5.9% | $19,544,893▲5.4% | 990 |
| 2019 | $5,717,646▲7.1% | $6,122,173▲5.4% | $17,001,515▲3.1% | $18,551,892▲2.7% | 990 |
| 2018 | $5,340,776▼1.9% | $5,806,299▼7.3% | $16,493,704▼6.8% | $18,061,207▼6.5% | 990 |
| 2017 | $5,441,566▲2.3% | $6,261,848▲25.1% | $17,699,286▼1.6% | $19,319,609▼1.3% | 990 |
| 2016 | $5,319,258▲9.1% | $5,006,268▼0.6% | $17,991,345▲3.2% | $19,573,899▲2.6% | 990 |
| 2015 | $4,875,212▼8.1% | $5,034,383▲3.3% | $17,427,713▼1.0% | $19,070,090▼1.6% | 990 |
| 2014 | $5,305,646▼0.7% | $4,874,159▼1.6% | $17,596,618▲4.7% | $19,379,485▲5.9% | 990 |
| 2013 | $5,345,150 | $4,954,846▼4.4% | $16,803,058▲5.6% | $18,298,169▲5.1% | 990 |
| 2012 | — | $5,183,725▼3.3% | $15,906,140▲3.6% | $17,417,104▲3.8% | 990 |
| 2011 | — | $5,360,249 | $15,356,589 | $16,771,974 | 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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Data for Beer Industry-local Union No 703 Health and Welfare Fund (EIN 36-6051305) 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.