Electricians Welfare Fund-no 81
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Electricians Welfare Fund-no 81 is a 501(c)(9) organization based in Roseland, New Jersey, registered in 1964, with $10,612,348 in FY2024 revenue. CharityIndex grades it C+.
425 Eagle Rock Ave Ste 105, Roseland, NJ, 07068 EIN 24-6021365 Since 1964
Revenue (FY2024)
$10.6M
▲ 20.2% vs prior year
Expenses (FY2024)
$9.5M
Net assets
$17.6M
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 Electricians Welfare Fund-no 81— 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 rating22 mo reserves · +11% 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 Electricians Welfare Fund-no 81: 22 mo reserves · +11% 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 Electricians Welfare Fund-no 81— 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 Electricians Welfare Fund-no 81: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 425 Eagle Rock Ave Ste 105, Roseland, NJ, 07068
- City
- Roseland
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $4.5M (FY2013) to $10.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $163KNet assets $17.6M
Operating margin
10.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.8M
Total liabilities
$163K
Net assets
$17.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,612,348▲20.2% | $9,487,338▲8.6% | $17,649,965▲9.5% | $17,813,323▲9.5% | 990 |
| 2023 | $8,832,053▲5.2% | $8,739,149▲3.1% | $16,124,871▲4.6% | $16,261,380▲4.7% | 990 |
| 2022 | $8,397,793▲1.9% | $8,474,258▲4.3% | $15,420,863▼2.8% | $15,532,076▼2.7% | 990 |
| 2021 | $8,238,937▲30.1% | $8,124,886▲13.0% | $15,868,471▼7.6% | $15,969,478▼7.4% | 990 |
| 2020 | $6,333,023▼8.7% | $7,187,982▼0.4% | $17,172,200▲1.7% | $17,250,131▲0.4% | 990 |
| 2019 | $6,932,717▼11.6% | $7,217,408▲0.9% | $16,881,079▼3.3% | $17,186,675▼2.5% | 990 |
| 2018 | $7,846,389▲3.4% | $7,151,894▲12.8% | $17,451,524▲6.1% | $17,633,900▼0.9% | 990 |
| 2017 | $7,591,572▲30.8% | $6,339,639▲0.1% | $16,449,276▲7.9% | $17,800,767▲15.5% | 990 |
| 2016 | $5,802,304▲10.1% | $6,335,589▲32.8% | $15,240,905▼4.2% | $15,412,965▼4.3% | 990 |
| 2015 | $5,271,081▼12.4% | $4,769,284▲3.1% | $15,916,580▲3.2% | $16,102,248▲3.8% | 990 |
| 2014 | $6,014,497▲32.4% | $4,624,524▲1.7% | $15,429,915▲10.8% | $15,514,709▲10.7% | 990 |
| 2013 | $4,541,927 | $4,546,842▼3.1% | $13,926,925▲1.8% | $14,019,080▲2.2% | 990 |
| 2012 | — | $4,690,302▲8.2% | $13,678,791▲4.6% | $13,712,450▲4.6% | 990 |
| 2011 | — | $4,333,294▲17.6% | $13,081,412▲8.3% | $13,112,346▲8.3% | 990 |
| 2010 | — | $3,685,375▲8.2% | $12,084,256▲17.5% | $12,110,409▲17.5% | 990 |
| 2009 | — | $3,407,379 | $10,286,203 | $10,304,203 | 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 Electricians Welfare Fund-no 81 a legitimate nonprofit?
- Yes. Electricians Welfare Fund-no 81 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 24-6021365, based in Roseland, New Jersey.
- What is Electricians Welfare Fund-no 81's EIN?
- Electricians Welfare Fund-no 81's Employer Identification Number (EIN) is 24-6021365.
- How much revenue does Electricians Welfare Fund-no 81 report?
- Electricians Welfare Fund-no 81 reported $10,612,348 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Electricians Welfare Fund-no 81 have?
- CharityIndex grades Electricians Welfare Fund-no 81 C+, based on financial health (reserves and operating margin).
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Data for Electricians Welfare Fund-no 81 (EIN 24-6021365) 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.