Composition Roofers No 4 Welfare Fund
Only null% goes to programs Strong reserves
Composition Roofers No 4 Welfare Fund is a 501(c)(9) organization based in Parsippany, New Jersey, registered in 1999, with $4,158,910 in FY2023 revenue. CharityIndex grades it C+.
385 Parsippany Rd, Parsippany, NJ, 07054 EIN 22-6257695 Since 1999
Revenue (FY2023)
$4.2M
▼ 8.2% vs prior year
Membership median: $185K
Expenses (FY2023)
$3.7M
Net assets
$9.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 Composition Roofers No 4 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 →
AFinancial health25% of the rating30 mo reserves · +10% 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 Composition Roofers No 4 Welfare Fund: 30 mo reserves · +10% margin earns a A 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 Composition Roofers No 4 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 Composition Roofers No 4 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 385 Parsippany Rd, Parsippany, NJ, 07054
- City
- Parsippany
- State
- New Jersey
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue grew from $3.9M (FY2013) to $4.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.5MNet assets $9.5M
Operating margin
10.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.0M
Total liabilities
$1.5M
Net assets
$9.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,158,910▼8.2% | $3,741,441▼3.5% | $9,487,863▲14.5% | $11,028,987▲10.7% | 990 |
| 2022 | $4,529,445▲10.2% | $3,877,893▲13.1% | $8,288,048▲8.0% | $9,966,451▲8.4% | 990 |
| 2021 | $4,110,853▲5.1% | $3,428,777▲0.2% | $7,677,019▼4.9% | $9,193,426▼3.7% | 990 |
| 2020 | $3,911,353▲0.8% | $3,422,076▼1.3% | $8,068,533▲13.6% | $9,542,854▲9.0% | 990 |
| 2019 | $3,880,756▼11.7% | $3,467,188▲6.6% | $7,105,159▲9.5% | $8,754,782▲6.3% | 990 |
| 2018 | $4,393,714▲14.0% | $3,251,344▼7.6% | $6,485,973▲30.0% | $8,237,997▲19.1% | 990 |
| 2017 | $3,852,686▼8.0% | $3,520,655▲3.5% | $4,990,732▲4.6% | $6,914,956▲4.2% | 990 |
| 2016 | $4,189,517▲9.2% | $3,401,656▼2.4% | $4,771,711▲21.2% | $6,634,197▲13.2% | 990 |
| 2015 | $3,835,086▼0.7% | $3,486,468▼7.0% | $3,937,744▲11.9% | $5,860,347▲6.9% | 990 |
| 2014 | $3,863,733▼1.2% | $3,750,267▼5.1% | $3,520,386▲2.3% | $5,483,067▲3.1% | 990 |
| 2013 | $3,910,126 | $3,952,759▲4.5% | $3,441,053▼0.3% | $5,317,458▼1.2% | 990 |
| 2012 | — | $3,783,316▼6.2% | $3,452,259▼2.3% | $5,382,415▼1.9% | 990 |
| 2011 | — | $4,034,667 | $3,532,649 | $5,488,938 | 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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Compare Composition Roofers No 4 Welfare Fund
Frequently asked questions
- Is Composition Roofers No 4 Welfare Fund a legitimate nonprofit?
- Yes. Composition Roofers No 4 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 22-6257695, based in Parsippany, New Jersey.
- What is Composition Roofers No 4 Welfare Fund's EIN?
- Composition Roofers No 4 Welfare Fund's Employer Identification Number (EIN) is 22-6257695.
- How much revenue does Composition Roofers No 4 Welfare Fund report?
- Composition Roofers No 4 Welfare Fund reported $4,158,910 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Composition Roofers No 4 Welfare Fund have?
- CharityIndex grades Composition Roofers No 4 Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Composition Roofers No 4 Welfare Fund (EIN 22-6257695) 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.