Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf
Only null% goes to programs Strong reserves
Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf is a 501(c)(9) organization based in Boston, Massachusetts, registered in 1972, with $4,861,217 in FY2024 revenue. CharityIndex grades it C.
7 Frederika St, Boston, MA, 02124 EIN 04-6049991 Since 1972
Revenue (FY2024)
$4.9M
▼ 2.5% vs prior year
Membership median: $185K
Expenses (FY2024)
$5.6M
Net assets
$8.3M
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 Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf— 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 rating18 mo reserves · -16% 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 Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf: 18 mo reserves · -16% 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 Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf— 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 Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7 Frederika St, Boston, MA, 02124
- City
- Boston
- State
- Massachusetts
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue grew from $3.0M (FY2013) to $4.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $815KNet assets $8.3M
Operating margin
-15.5%
Spent more than it raised in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$815K
Net assets
$8.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,861,217▼2.5% | $5,615,009▲8.7% | $8,255,005▼8.1% | $9,070,268▼7.7% | 990 |
| 2023 | $4,983,808▼11.1% | $5,164,671▲9.6% | $8,980,821▲0.5% | $9,826,873▼0.1% | 990 |
| 2022 | $5,608,256▲2.8% | $4,710,350▲13.1% | $8,932,443▲7.1% | $9,832,383▲7.7% | 990 |
| 2021 | $5,456,824▲14.5% | $4,163,047▼5.0% | $8,337,575▲14.4% | $9,131,152▲12.7% | 990 |
| 2020 | $4,765,355▼4.3% | $4,383,227▲10.7% | $7,287,072▲11.2% | $8,100,477▲10.8% | 990 |
| 2019 | $4,979,821▼3.8% | $3,957,841▲29.0% | $6,553,344▲20.3% | $7,314,196▲21.1% | 990 |
| 2018 | $5,175,057▲21.2% | $3,069,222▼1.1% | $5,448,633▲68.2% | $6,040,097▲58.1% | 990 |
| 2017 | $4,269,934▲40.7% | $3,102,127▲9.0% | $3,239,496▲52.4% | $3,819,854▲44.9% | 990 |
| 2016 | $3,034,887▲5.6% | $2,845,884▼0.2% | $2,125,655▲10.2% | $2,637,042▲8.4% | 990 |
| 2015 | $2,874,367▼2.6% | $2,852,512▲2.3% | $1,928,862▲0.5% | $2,432,406▲3.0% | 990 |
| 2014 | $2,952,432▼1.6% | $2,789,564▲12.4% | $1,919,750▲11.9% | $2,361,970▲9.5% | 990 |
| 2013 | $3,001,422 | $2,481,733▲9.4% | $1,715,776▲47.6% | $2,157,842▲35.1% | 990 |
| 2012 | — | $2,269,362▼8.8% | $1,162,227▲10.7% | $1,596,634▲8.3% | 990 |
| 2011 | — | $2,488,284▼6.9% | $1,050,025▼5.0% | $1,474,350▼11.6% | 990 |
| 2010 | — | $2,673,113 | $1,105,170 | $1,667,171 | 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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Frequently asked questions
- Is Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf a legitimate nonprofit?
- Yes. Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 04-6049991, based in Boston, Massachusetts.
- What is Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf's EIN?
- Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf's Employer Identification Number (EIN) is 04-6049991.
- How much revenue does Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf report?
- Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf reported $4,861,217 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf have?
- CharityIndex grades Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf C, based on financial health (reserves and operating margin).
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Data for Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf (EIN 04-6049991) 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.