Gas Workers Union Local G-555 is a 501(c)(5) organization based in Valley View, Ohio, registered in 1944, with $912,139 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$912K
▲ 12.7% vs prior year
Expenses (FY2024)
$857K
Net assets
$2.6M
Employees
—
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 →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 Gas Workers Union Local G-555— 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 Gas Workers Union Local G-555: 37 mo reserves · +6% margin earns a A 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 Gas Workers Union Local G-555— 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 Gas Workers Union Local G-555: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $676K (FY2014) to $912K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
6.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$1,101
Net assets
$2.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $912,139▲12.7% | $857,029▲6.5% | $2,626,062▲2.1% | $2,627,163▲1.9% | 990 |
| 2023 | $809,042▲3.6% | $804,622▲9.9% | $2,570,952▲0.2% | $2,578,507▲0.3% | 990 |
| 2022 | $780,574▼0.1% | $731,980▼2.8% | $2,566,532▲1.9% | $2,569,814▲1.9% | 990 |
| 2021 | $781,085▲0.2% | $753,419▲18.8% | $2,517,938▲1.1% | $2,521,220▲1.1% | 990 |
| 2020 | $779,680▼8.2% | $634,233▼12.5% | $2,490,272▲6.2% | $2,494,450▲6.3% | 990 |
| 2019 | $849,379▲5.5% | $724,689▼7.5% | $2,344,825▲5.6% | $2,346,548▲5.6% | 990 |
| 2018 | $805,249▲5.3% | $783,195▲14.3% | $2,220,135▲1.0% | $2,221,746▲0.9% | 990 |
| 2017 | $764,938▲1.7% | $685,294▲11.0% | $2,198,081▲3.8% | $2,200,844▲3.7% | 990 |
| 2016 | $752,020▼0.2% | $617,141▲6.6% | $2,118,437▲6.8% | $2,121,392▲6.8% | 990 |
| 2015 | $753,224▲11.5% | $579,006▲1.7% | $1,983,558▲10.0% | $1,985,870▲10.0% | 990 |
| 2014 | $675,604 | $569,432▲4.3% | $1,802,840▲26.5% | $1,805,676▲26.7% | 990 |
| 2012 | — | $545,764▲1.4% | $1,424,665▲9.5% | $1,425,235▲9.4% | 990 |
| 2011 | — | $538,472▲13.8% | $1,301,107▲9.7% | $1,303,100▲9.7% | 990 |
| 2010 | — | $473,269 | $1,186,007 | $1,187,448 | 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 Gas Workers Union Local G-555 (EIN 34-6538981) 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.