Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund is a 501(c)(9) organization based in Laurel, Maryland, registered in 1992, with $6,533,852 in FY2024 revenue. CharityIndex grades it C+.
305 Compton Ave, Laurel, MD, 20707 EIN 54-1008445 Since 1992
Revenue (FY2024)
$6.5M
▲ 2.7% vs prior year
Expenses (FY2024)
$7.8M
Net assets
$11.4M
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 Bricklayers Local 1 of Md Va and Dc 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 →
C+Financial health25% of the rating18 mo reserves · -19% 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 Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund: 18 mo reserves · -19% 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 Bricklayers Local 1 of Md Va and Dc 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 →
CTransparency10% of the rating2 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 Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $7.0M (FY2013) to $6.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $697KNet assets $11.4M
Operating margin
-18.8%
Spent more than it raised in the latest fiscal year.
Total assets
$12.1M
Total liabilities
$697K
Net assets
$11.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,533,852▲2.7% | $7,763,344▼6.2% | $11,385,088▼10.4% | $12,082,495▼8.5% | 990 |
| 2023 | $6,359,517▲0.4% | $8,280,531▲22.6% | $12,704,065▼13.0% | $13,211,293▼17.1% | 990 |
| 2022 | $6,332,898▼6.2% | $6,754,860▼4.0% | $14,609,019▼16.5% | $15,926,936▼11.5% | 990 |
| 2021 | $6,750,174▼9.3% | $7,036,360▲10.9% | $17,497,700▲2.3% | $18,004,570▲5.0% | 990 |
| 2020 | $7,440,012▲4.5% | $6,342,517▲10.5% | $17,098,833▲11.0% | $17,141,277▲10.1% | 990 |
| 2019 | $7,118,971▲1.3% | $5,741,455▲1.8% | $15,402,997▲16.3% | $15,570,622▲16.0% | 990 |
| 2018 | $7,027,137▲2.5% | $5,637,414▼1.7% | $13,246,733▲9.9% | $13,419,443▲9.6% | 990 |
| 2017 | $6,854,036▼1.3% | $5,737,636▼6.4% | $12,053,513▲13.2% | $12,244,972▲13.9% | 990 |
| 2016 | $6,945,840▲6.7% | $6,127,277▼1.3% | $10,644,799▲10.2% | $10,753,450▲10.6% | 990 |
| 2015 | $6,508,743▼4.6% | $6,206,836▼12.1% | $9,661,625▼0.3% | $9,726,192▼1.2% | 990 |
| 2014 | $6,823,226▼2.3% | $7,059,482▲2.4% | $9,686,677▼4.7% | $9,846,576▼4.9% | 990 |
| 2013 | $6,982,261 | $6,892,417▲7.4% | $10,164,827▲1.4% | $10,353,908▲2.1% | 990 |
| 2012 | — | $6,420,013▼11.4% | $10,022,361▲0.5% | $10,143,660▲0.1% | 990 |
| 2011 | — | $7,243,858▲2.0% | $9,974,521▼7.7% | $10,136,439▼9.0% | 990 |
| 2010 | — | $7,100,073 | $10,807,475 | $11,137,094 | 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 Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund a legitimate nonprofit?
- Yes. Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 54-1008445, based in Laurel, Maryland.
- What is Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund's EIN?
- Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund's Employer Identification Number (EIN) is 54-1008445.
- How much revenue does Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund report?
- Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund reported $6,533,852 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund have?
- CharityIndex grades Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Bricklayers Local 1 of Md Va and Dc Health and Welfare Fund (EIN 54-1008445) 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.