Euclid-hitachi Hourly Retirees Welfare Plan Veba Trust is a 501(c)(9) organization based in Cleveland, Ohio, registered in 2007, with $172,569 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$173K
▲ 454.8% vs prior year
Membership median: $185K
Expenses (FY2024)
$69K
Net assets
$1.1M
Employees
—
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 Euclid-hitachi Hourly Retirees Welfare Plan Veba Trust— 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 Euclid-hitachi Hourly Retirees Welfare Plan Veba Trust: 185 mo reserves · +60% margin earns a B+ 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 Euclid-hitachi Hourly Retirees Welfare Plan Veba Trust— 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 Euclid-hitachi Hourly Retirees Welfare Plan Veba Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $123K (FY2013) to $173K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
60.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $172,569▲455% | $68,573▼17.6% | $1,055,148▲8.6% | $1,055,148▼4.7% | 990 |
| 2023 | $31,105▲16.2% | $83,182▲41.5% | $971,696▼1.8% | $1,107,681▼1.5% | 990 |
| 2022 | $26,765▼51.4% | $58,789▼19.6% | $989,071▼19.2% | $1,124,616▼17.2% | 990 |
| 2021 | $55,104▼6.6% | $73,084▼37.6% | $1,223,422▼8.0% | $1,358,967▼7.2% | 990 |
| 2020 | $59,027▲25.7% | $117,103▲53.8% | $1,329,637▲1.5% | $1,465,182▲1.3% | 990 |
| 2019 | $46,969▲3.9% | $76,138▼9.3% | $1,310,287▲5.0% | $1,445,832▲4.5% | 990 |
| 2018 | $45,195▲9.2% | $83,914▼61.3% | $1,247,962▼6.1% | $1,383,507▼5.5% | 990 |
| 2017 | $41,405▼21.1% | $216,639▲7.0% | $1,328,838▼10.6% | $1,464,383▼9.7% | 990 |
| 2016 | $52,465▼28.5% | $202,518▼4.6% | $1,485,575▼9.1% | $1,621,120▼8.4% | 990 |
| 2015 | $73,341▼15.2% | $212,237▲4.1% | $1,633,547▼10.2% | $1,769,092▼9.5% | 990 |
| 2014 | $86,480▼29.7% | $203,831▼13.0% | $1,818,740▼2.8% | $1,954,285▼4.7% | 990 |
| 2013 | $123,060 | $234,243▼76.3% | $1,871,077▼12.4% | $2,049,979▼10.7% | 990 |
| 2012 | — | $987,377 | $2,136,298 | $2,295,781 | 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 Euclid-hitachi Hourly Retirees Welfare Plan Veba Trust (EIN 01-6242128) 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.