Health and Welfare Benefits Plan Local 854 I B of T is a 501(c)(9) organization based in New York, New York, registered in 1964, with $5,281 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$5,281
▼ 80.9% vs prior year
Expenses (FY2024)
$132K
Net assets
-$504K
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 Health and Welfare Benefits Plan Local 854 I B of T— 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 Health and Welfare Benefits Plan Local 854 I B of T: 0 mo reserves · -2408% margin earns a F 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 Health and Welfare Benefits Plan Local 854 I B of T— 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 Health and Welfare Benefits Plan Local 854 I B of T: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $7.3M (FY2013) to $5,281 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-2408.3%
Spent more than it raised in the latest fiscal year.
Total assets
$23K
Total liabilities
$528K
Net assets
-$504K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,281▼80.9% | $132,465▲1311% | -$504,395▼81.3% | $23,411▼20.3% | 990EZ |
| 2023 | $27,604▼27.6% | $9,386▼93.1% | -$278,210▲6.1% | $29,381▲163% | 990 |
| 2022 | $38,138▼61.2% | $137,001▼69.6% | -$296,428▼50.0% | $11,163▼50.6% | 990 |
| 2021 | $98,170▼88.2% | $450,225▼87.4% | -$197,565▼228% | $22,579▼91.7% | 990 |
| 2020 | $828,918▼91.5% | $3,578,071▼67.7% | $154,490▼94.6% | $270,715▼91.1% | 990 |
| 2019 | $9,800,305▼26.1% | $11,063,532▼36.3% | $2,870,182▼36.8% | $3,054,681▼35.3% | 990 |
| 2018 | $13,261,426▼3.8% | $17,381,664▲6.5% | $4,544,239▼49.3% | $4,721,647▼48.4% | 990 |
| 2017 | $13,787,526▲14.9% | $16,314,143▲20.4% | $8,970,624▼24.1% | $9,156,432▼23.6% | 990 |
| 2016 | $11,995,685▲4.2% | $13,544,340▲36.7% | $11,820,524▼8.7% | $11,989,438▼8.3% | 990 |
| 2015 | $11,516,450▲12.1% | $9,907,246▲37.3% | $12,950,911▲11.5% | $13,078,420▲11.2% | 990 |
| 2014 | $10,275,206▲41.4% | $7,213,817▲8.8% | $11,614,747▲35.1% | $11,757,506▲35.6% | 990 |
| 2013 | $7,266,525 | $6,632,412▲49.9% | $8,599,232▲9.0% | $8,673,159▲8.9% | 990 |
| 2012 | — | $4,424,275▼19.9% | $7,887,858▲27.1% | $7,963,018▲26.1% | 990 |
| 2011 | — | $5,523,620 | $6,205,974 | $6,314,842 | 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 Health and Welfare Benefits Plan Local 854 I B of T (EIN 11-1774226) 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.