Chicago Area I B of T Health & Welfare Trust Fund is a 501(c)(9) organization based in Downers Grove, Illinois, registered in 1952, with $23,758,393 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$23.8M
▲ 14.3% vs prior year
Expenses (FY2024)
$21.3M
Net assets
$106.0M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Chicago Area I B of T Health & Welfare Trust 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 Chicago Area I B of T Health & Welfare Trust Fund: 60 mo reserves · +10% margin earns a A 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 Chicago Area I B of T Health & Welfare Trust 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 Chicago Area I B of T Health & Welfare Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $10.9M (FY2013) to $23.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$106.1M
Total liabilities
$142K
Net assets
$106.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,758,393▲14.3% | $21,308,381▲1.7% | $105,953,507▲10.4% | $106,095,971▲10.4% | 990 |
| 2023 | $20,787,076▼0.7% | $20,960,142▲4.2% | $96,005,319▲4.9% | $96,138,327▲4.4% | 990 |
| 2022 | $20,930,428▼46.5% | $20,111,470▲4.6% | $91,480,004▼6.0% | $92,111,044▼5.6% | 990 |
| 2021 | $39,107,186▲97.2% | $19,222,860▲15.6% | $97,305,367▲5.0% | $97,597,594▲4.9% | 990 |
| 2020 | $19,833,464▲1.2% | $16,629,719▼4.6% | $92,628,508▲9.9% | $93,015,096▲9.6% | 990 |
| 2019 | $19,600,525▲118% | $17,427,720▲99.6% | $84,292,412▲9.6% | $84,854,647▲7.1% | 990 |
| 2018 | $8,991,817▼5.1% | $8,731,383▼12.3% | $76,940,999▲120% | $79,218,258▲124% | 990 |
| 2017 | $9,472,843▲6.9% | $9,952,483▲28.6% | $35,002,306▲2.8% | $35,395,119▲2.2% | 990 |
| 2016 | $8,863,793▲6.0% | $7,740,926▼12.0% | $34,038,162▲7.8% | $34,636,577▲7.7% | 990 |
| 2015 | $8,358,837▼15.8% | $8,800,487▼22.0% | $31,571,521▼3.3% | $32,159,799▼2.5% | 990 |
| 2014 | $9,930,260▼8.8% | $11,283,199▼1.9% | $32,661,522▼2.9% | $32,969,746▼2.8% | 990 |
| 2013 | $10,892,824 | $11,498,226▼6.6% | $33,623,451▲2.8% | $33,933,303▲2.4% | 990 |
| 2012 | — | $12,308,149▼8.3% | $32,696,336 | $33,136,704▼2.3% | 990 |
| 2011 | — | $13,419,387▼4.2% | $32,691,613▼4.3% | $33,924,011▼2.4% | 990 |
| 2010 | — | $14,006,966 | $34,151,586 | $34,758,782 | 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 Chicago Area I B of T Health & Welfare Trust Fund (EIN 36-2187389) 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.