Globe Newspaper Company-boston Mailers Union No 1 Health and Welf
501(c)(9)
Only null% goes to programs Thin reserves
Globe Newspaper Company-boston Mailers Union No 1 Health and Welf is a 501(c)(9) organization based in Boston, Massachusetts, registered in 1985, with $75,042 in FY2024 revenue. CharityIndex grades it F.
1 Exchange Pl Ste 201, Boston, MA, 02109 EIN 22-2638662 Since 1985
Revenue (FY2024)
$75K
▼ 2.6% vs prior year
Expenses (FY2024)
$96K
Net assets
-$93K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Globe Newspaper Company-boston Mailers Union No 1 Health and Welf— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 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 Globe Newspaper Company-boston Mailers Union No 1 Health and Welf: 0 mo reserves · -28% margin earns a F 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 Globe Newspaper Company-boston Mailers Union No 1 Health and Welf— 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 Globe Newspaper Company-boston Mailers Union No 1 Health and Welf: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1 Exchange Pl Ste 201, Boston, MA, 02109
- City
- Boston
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1.5M (FY2013) to $75K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $101KNet assets -$93K
Operating margin
-28.3%
Spent more than it raised in the latest fiscal year.
Total assets
$7,726
Total liabilities
$101K
Net assets
-$93K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $75,042▼2.6% | $96,258▲8.7% | -$93,346▼29.4% | $7,726▼59.3% | 990 |
| 2023 | $77,061▼3.9% | $88,520▼16.4% | -$72,130▼18.9% | $18,968▼83.6% | 990 |
| 2022 | $80,194▲0.3% | $105,837▲7.6% | -$60,671▼73.2% | $115,393▼4.5% | 990 |
| 2021 | $79,939▼27.0% | $98,399▼10.2% | -$35,028▼111% | $120,821▲23.9% | 990 |
| 2020 | $109,543▼5.7% | $109,603▼3.7% | -$16,568▼0.4% | $97,488▼12.1% | 990 |
| 2019 | $116,176▼0.5% | $113,852▼1.5% | -$16,508▲12.3% | $110,908▲11.8% | 990 |
| 2018 | $116,758▼6.7% | $115,557▼42.6% | -$18,832▲6.0% | $99,219▲10.3% | 990 |
| 2017 | $125,139▲67.3% | $201,365▲35.0% | -$20,033▼119% | $89,967▼54.5% | 990 |
| 2015 | $74,795▼93.1% | $149,187▼89.2% | $107,582▼40.9% | $197,834▼33.7% | 990 |
| 2014 | $1,085,526▼27.1% | $1,378,014▼21.5% | $181,974▼61.6% | $298,220▼65.5% | 990 |
| 2013 | $1,488,348 | $1,755,682▲5.5% | $474,462▼36.0% | $864,621▼13.6% | 990 |
| 2012 | — | $1,664,350▲14.9% | $741,796▼21.0% | $1,001,169▼24.3% | 990 |
| 2011 | — | $1,448,797▲1.0% | $938,705▼5.9% | $1,322,043▼4.4% | 990 |
| 2010 | — | $1,434,077▲4.8% | $997,114▼4.2% | $1,383,005▼15.0% | 990 |
| 2009 | — | $1,368,737 | $1,040,515 | $1,627,013 | 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 Globe Newspaper Company-boston Mailers Union No 1 Health and Welf a legitimate nonprofit?
- Yes. Globe Newspaper Company-boston Mailers Union No 1 Health and Welf is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 22-2638662, based in Boston, Massachusetts.
- What is Globe Newspaper Company-boston Mailers Union No 1 Health and Welf's EIN?
- Globe Newspaper Company-boston Mailers Union No 1 Health and Welf's Employer Identification Number (EIN) is 22-2638662.
- How much revenue does Globe Newspaper Company-boston Mailers Union No 1 Health and Welf report?
- Globe Newspaper Company-boston Mailers Union No 1 Health and Welf reported $75,042 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Globe Newspaper Company-boston Mailers Union No 1 Health and Welf have?
- CharityIndex grades Globe Newspaper Company-boston Mailers Union No 1 Health and Welf F, based on financial health (reserves and operating margin).
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Data for Globe Newspaper Company-boston Mailers Union No 1 Health and Welf (EIN 22-2638662) 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.