Boilermakers-154 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Declining revenue
Boilermakers-154 Welfare Fund is a 501(c)(9) organization based in Bloomington, Minnesota, registered in 1965, with $1,846,103 in FY2024 revenue. CharityIndex grades it C+.
3001 Metro Dr Ste 500, Bloomington, MN, 55425 EIN 25-6036558 Since 1965
Revenue (FY2024)
$1.8M
▲ 9.6% vs prior year
Expenses (FY2024)
$1.6M
Net assets
$13.3M
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 Boilermakers-154 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 →
B+Financial health25% of the rating98 mo reserves · +12% 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 Boilermakers-154 Welfare Fund: 98 mo reserves · +12% margin earns a B+ 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 Boilermakers-154 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 Boilermakers-154 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3001 Metro Dr Ste 500, Bloomington, MN, 55425
- City
- Bloomington
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $5.7M (FY2013) to $1.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10KNet assets $13.3M
Operating margin
11.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.3M
Total liabilities
$10K
Net assets
$13.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,846,103▲9.6% | $1,627,871▼14.6% | $13,265,616▲4.9% | $13,275,737▲4.8% | 990 |
| 2023 | $1,684,702▼8.9% | $1,905,985▲5.9% | $12,649,470▲2.0% | $12,672,427▲2.1% | 990 |
| 2022 | $1,849,313▼16.2% | $1,799,482▲23.2% | $12,405,638▼5.0% | $12,415,315▼5.1% | 990 |
| 2021 | $2,207,964▲14.8% | $1,460,076▼5.9% | $13,060,846▲11.3% | $13,082,182▲11.1% | 990 |
| 2020 | $1,923,027▼36.0% | $1,551,633▼24.4% | $11,738,711▲7.3% | $11,770,206▲7.1% | 990 |
| 2019 | $3,005,337▲9.4% | $2,052,469▲1.7% | $10,941,547▲14.7% | $10,988,089▲14.8% | 990 |
| 2018 | $2,745,961▲51.8% | $2,017,948▼26.2% | $9,538,370▲6.1% | $9,567,405▲5.8% | 990 |
| 2017 | $1,809,200▼55.9% | $2,733,698▼41.8% | $8,992,899▼8.9% | $9,046,815▼9.3% | 990 |
| 2016 | $4,099,401▼11.9% | $4,694,750▼4.1% | $9,869,696▼6.1% | $9,977,310▼5.5% | 990 |
| 2015 | $4,651,903▼20.8% | $4,897,095▼28.7% | $10,506,324▼2.2% | $10,560,401▼1.8% | 990 |
| 2014 | $5,870,626▲2.3% | $6,866,980▲2.7% | $10,744,640▼8.7% | $10,756,095▼8.7% | 990 |
| 2013 | $5,738,078 | $6,684,670▲20.5% | $11,765,810▼7.9% | $11,780,278▼7.9% | 990 |
| 2012 | — | $5,547,403▼27.0% | $12,780,841▼5.8% | $12,797,390▼7.9% | 990 |
| 2011 | — | $7,600,673▼13.8% | $13,568,001▲6.5% | $13,896,841▲8.8% | 990 |
| 2010 | — | $8,820,412 | $12,739,818 | $12,777,618 | 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.
Frequently asked questions
- Is Boilermakers-154 Welfare Fund a legitimate nonprofit?
- Yes. Boilermakers-154 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 25-6036558, based in Bloomington, Minnesota.
- What is Boilermakers-154 Welfare Fund's EIN?
- Boilermakers-154 Welfare Fund's Employer Identification Number (EIN) is 25-6036558.
- How much revenue does Boilermakers-154 Welfare Fund report?
- Boilermakers-154 Welfare Fund reported $1,846,103 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Boilermakers-154 Welfare Fund have?
- CharityIndex grades Boilermakers-154 Welfare Fund C+, based on financial health (reserves and operating margin).
More nonprofits in Bloomington
Explore more
Data for Boilermakers-154 Welfare Fund (EIN 25-6036558) 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.