Construction Workers Welfare Fund- 147
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Construction Workers Welfare Fund- 147 is a 501(c)(9) organization based in Hopatcong, New Jersey, registered in 1964, with $3,836,434 in FY2024 revenue. CharityIndex grades it B.
36 Hopatchung Rd, Hopatcong, NJ, 07843 EIN 13-6101595 Since 1964
Revenue (FY2024)
$3.8M
▲ 41.3% vs prior year
Expenses (FY2024)
$2.7M
Net assets
$4.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Construction Workers Welfare Fund- 147— 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 rating17 mo reserves · +28% 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 Construction Workers Welfare Fund- 147: 17 mo reserves · +28% 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 Construction Workers Welfare Fund- 147— 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 Construction Workers Welfare Fund- 147: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 36 Hopatchung Rd, Hopatcong, NJ, 07843
- City
- Hopatcong
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $16.4M (FY2013) to $3.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $45KNet assets $4.0M
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$45K
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,836,434▲41.3% | $2,745,878▲33.3% | $3,983,411▲38.5% | $4,028,695▲39.7% | 990 |
| 2023 | $2,715,566▲57.1% | $2,059,159▲114% | $2,876,561▲31.9% | $2,884,439▲31.5% | 990 |
| 2022 | $1,728,395▲212% | $963,069▲57.7% | $2,181,539▲37.7% | $2,192,912▲37.9% | 990 |
| 2021 | $554,401▼4.8% | $610,523▲31.2% | $1,584,044▼4.0% | $1,589,714▼4.0% | 990 |
| 2020 | $582,534▲0.7% | $465,439▼23.3% | $1,649,430▲7.6% | $1,655,109▲7.6% | 990 |
| 2019 | $578,272▼75.5% | $606,571▼79.6% | $1,532,335▼1.8% | $1,538,554▼16.1% | 990 |
| 2018 | $2,362,920▼68.9% | $2,968,112▼63.4% | $1,560,634▼27.9% | $1,834,055▼37.1% | 990 |
| 2017 | $7,606,582▼32.4% | $8,116,697▼48.6% | $2,165,826▼19.1% | $2,916,961▼19.2% | 990 |
| 2016 | $11,255,734▼30.5% | $15,789,686▼15.5% | $2,675,941▼63.4% | $3,610,052▼61.6% | 990 |
| 2015 | $16,186,710▼3.3% | $18,678,634▲4.7% | $7,304,164▼26.9% | $9,401,646▼22.8% | 990 |
| 2014 | $16,735,857▲2.1% | $17,836,791▼24.7% | $9,987,119▼7.4% | $12,171,276▲1.2% | 990 |
| 2013 | $16,388,334 | $23,679,695▼11.4% | $10,781,715▼40.5% | $12,026,120▼40.1% | 990 |
| 2012 | — | $26,715,047▲16.2% | $18,107,629▲13.3% | $20,084,411▲1.9% | 990 |
| 2011 | — | $22,988,883▲55.9% | $15,979,508▲47.6% | $19,719,088▲51.7% | 990 |
| 2010 | — | $14,746,519 | $10,823,624 | $12,998,114 | 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 Construction Workers Welfare Fund- 147 a legitimate nonprofit?
- Yes. Construction Workers Welfare Fund- 147 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-6101595, based in Hopatcong, New Jersey.
- What is Construction Workers Welfare Fund- 147's EIN?
- Construction Workers Welfare Fund- 147's Employer Identification Number (EIN) is 13-6101595.
- How much revenue does Construction Workers Welfare Fund- 147 report?
- Construction Workers Welfare Fund- 147 reported $3,836,434 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Construction Workers Welfare Fund- 147 have?
- CharityIndex grades Construction Workers Welfare Fund- 147 B, based on financial health (reserves and operating margin).
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Explore more
Data for Construction Workers Welfare Fund- 147 (EIN 13-6101595) 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.