Electrical Workers Health & Welfare Fund
Only null% goes to programs Strong reserves
Electrical Workers Health & Welfare Fund is a 501(c)(9) organization based in Bloomington, Minnesota, registered in 2016, with $22,757,767 in FY2024 revenue. CharityIndex grades it B.
3001 Metro Dr Ste 500, Bloomington, MN, 55425 EIN 41-6024782 Since 2016
Revenue (FY2024)
$22.8M
▼ 0.1% vs prior year
Membership median: $185K
Expenses (FY2024)
$24.5M
Net assets
$22.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Electrical Workers Health & 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 →
B+Financial health25% of the rating11 mo reserves · -8% 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 Electrical Workers Health & Welfare Fund: 11 mo reserves · -8% margin earns a B+ 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 Electrical Workers Health & 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 Electrical Workers Health & Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3001 Metro Dr Ste 500, Bloomington, MN, 55425
- City
- Bloomington
- State
- Minnesota
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Website
- …
Financial trends
Revenue grew from $11.0M (FY2013) to $22.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $118KNet assets $22.6M
Operating margin
-7.8%
Spent more than it raised in the latest fiscal year.
Total assets
$22.7M
Total liabilities
$118K
Net assets
$22.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,757,767▼0.1% | $24,543,183▼4.2% | $22,627,679▼6.3% | $22,746,099▼6.5% | 990 |
| 2023 | $22,790,040▼9.9% | $25,626,328▲8.7% | $24,144,236▼6.6% | $24,320,151▼7.8% | 990 |
| 2022 | $25,299,489▲3.3% | $23,567,283▲27.6% | $25,842,150▼3.8% | $26,375,529▼3.8% | 990 |
| 2021 | $24,491,701▲55.6% | $18,465,280▲9.6% | $26,855,129▲27.8% | $27,423,421▲29.8% | 990 |
| 2020 | $15,738,609▼8.3% | $16,851,468▼3.0% | $21,006,604▼1.2% | $21,128,053▼1.2% | 990 |
| 2019 | $17,168,174▲6.4% | $17,369,538▲9.4% | $21,251,667▲5.5% | $21,377,309▲5.5% | 990 |
| 2018 | $16,133,603▼2.3% | $15,871,270▼0.4% | $20,140,155▼2.6% | $20,271,502▼2.2% | 990 |
| 2017 | $16,513,766▲4.6% | $15,937,966▲6.9% | $20,668,540▲8.6% | $20,735,738▲8.3% | 990 |
| 2016 | $15,791,381▼10.9% | $14,906,800▲0.4% | $19,035,796▲7.2% | $19,146,645▲6.8% | 990 |
| 2015 | $17,724,108▲12.5% | $14,853,820▲6.2% | $17,752,555▲17.1% | $17,934,014▲16.0% | 990 |
| 2014 | $15,756,744▲43.0% | $13,984,146▲40.3% | $15,161,030▲14.7% | $15,463,296▲16.1% | 990 |
| 2013 | $11,016,097 | $9,966,221▲6.3% | $13,212,427▲42.9% | $13,317,990▲43.8% | 990 |
| 2012 | — | $9,379,629▲13.6% | $9,247,461▲33.5% | $9,260,982▲33.4% | 990 |
| 2011 | — | $8,259,839 | $6,925,503 | $6,943,329 | 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 Electrical Workers Health & Welfare Fund a legitimate nonprofit?
- Yes. Electrical Workers Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 41-6024782, based in Bloomington, Minnesota.
- What is Electrical Workers Health & Welfare Fund's EIN?
- Electrical Workers Health & Welfare Fund's Employer Identification Number (EIN) is 41-6024782.
- How much revenue does Electrical Workers Health & Welfare Fund report?
- Electrical Workers Health & Welfare Fund reported $22,757,767 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Electrical Workers Health & Welfare Fund have?
- CharityIndex grades Electrical Workers Health & Welfare Fund B, based on financial health (reserves and operating margin).
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Data for Electrical Workers Health & Welfare Fund (EIN 41-6024782) 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.