Harrison Electrical Workers Trust Fund
501(c)(9)
100% goes to programs Strong reserves
Harrison Electrical Workers Trust Fund is a 501(c)(9) organization based in Portland, Oregon, registered in 1957, with $180,659,378 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
5331 S Macadam Ave Ste 258 Pmb 116, Portland, OR, 97239 EIN 93-6023048 Since 1957
Revenue (FY2024)
$180.7M
▲ 8.4% vs prior year
Expenses (FY2024)
$156.5M
Net assets
$362.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs
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. For Harrison Electrical Workers Trust Fund: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating28 mo reserves · +13% 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 Harrison Electrical Workers Trust Fund: 28 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Harrison Electrical Workers Trust Fund: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Harrison Electrical Workers Trust Fund: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
O provide health and welfare benefits to participants and their eligible dependents.
What they do
Provide health and welfare benefits to participants and their eligible dependents.
Contact & location
Financial trends
Revenue grew from $94.5M (FY2013) to $180.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $94.5MNet assets $362.5M
Operating margin
13.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$456.9M
Total liabilities
$94.5M
Net assets
$362.5M
Salaries & benefits
$0
0% of expenses
Board members
2
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $180,659,378▲8.4% | $156,535,406▼1.3% | $362,465,599▲18.0% | $456,932,284▲12.1% | 990 |
| 2023 | $166,715,307▼1.9% | $158,639,509▲6.7% | $307,092,671▲15.1% | $407,670,527▲13.4% | 990 |
| 2022 | $169,962,460▼3.4% | $148,681,346▲2.1% | $266,776,374▼12.2% | $359,423,576▼8.1% | 990 |
| 2021 | $175,936,301▲18.5% | $145,651,831▲12.0% | $303,686,493▲17.0% | $391,095,863▲15.5% | 990 |
| 2020 | $148,429,830▲0.5% | $130,099,972▲0.1% | $259,456,515▲19.9% | $338,683,577▲15.7% | 990 |
| 2019 | $147,632,483▲6.8% | $129,918,608▲14.5% | $216,440,456▲28.1% | $292,814,250▲23.6% | 990 |
| 2018 | $138,180,985▲12.6% | $113,504,036▲6.0% | $169,009,784▲1.2% | $236,957,397▲4.4% | 990 |
| 2017 | $122,722,757▲14.8% | $107,127,126▲5.8% | $167,035,926▲19.9% | $226,928,945▲16.6% | 990 |
| 2016 | $106,936,582▲13.8% | $101,290,476▲12.0% | $139,368,412▲7.8% | $194,551,902▲9.9% | 990 |
| 2015 | $93,981,860▼12.9% | $90,403,249▼3.5% | $129,224,981▼30.2% | $176,984,146▼7.3% | 990 |
| 2014 | $107,867,387▲14.2% | $93,686,523▲16.6% | $185,231,481▲6.4% | $190,982,683▲6.7% | 990 |
| 2013 | $94,461,194 | $80,338,728▲9.7% | $174,160,649▲17.6% | $178,985,653▲17.5% | 990 |
| 2012 | — | $73,213,504▲12.6% | $148,143,639▲14.3% | $152,377,859▲14.1% | 990 |
| 2011 | — | $65,017,231▲2.1% | $129,602,231▲2.6% | $133,580,014▲3.1% | 990 |
| 2010 | — | $63,664,943 | $126,285,907 | $129,589,898 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Garth Bachman | Trustee | 5 | — |
| Timothy Gauthier | Trustee | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Benesys Inc | Contract Admin. | $3,484,313 |
| Ferguson Wellman Capital Management | Investment Mgmt | $668,983 |
| Labcorp | Lab Testing | $410,092 |
| Canopycascade Centers | Eap | $244,609 |
| Wells Fargo Community Banking | Banking | $159,415 |
Frequently asked questions
- Is Harrison Electrical Workers Trust Fund a legitimate nonprofit?
- Yes. Harrison Electrical Workers Trust Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 93-6023048, based in Portland, Oregon.
- What is Harrison Electrical Workers Trust Fund's EIN?
- Harrison Electrical Workers Trust Fund's Employer Identification Number (EIN) is 93-6023048.
- How much revenue does Harrison Electrical Workers Trust Fund report?
- Harrison Electrical Workers Trust Fund reported $180,659,378 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Harrison Electrical Workers Trust Fund's spending goes to programs?
- Harrison Electrical Workers Trust Fund spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Harrison Electrical Workers Trust Fund have?
- CharityIndex grades Harrison Electrical Workers Trust Fund A, based on program efficiency and fundraising cost.
- How much does Harrison Electrical Workers Trust Fund's highest-paid employee make?
- The highest reported compensation on Harrison Electrical Workers Trust Fund's latest Form 990 is $0, paid to Garth Bachman (Trustee).
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Data for Harrison Electrical Workers Trust Fund (EIN 93-6023048) 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.