Health & Welfare Fund Ibew 96
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Health & Welfare Fund Ibew 96 is a 501(c)(9) organization based in Wallingford, Connecticut, registered in 1959, with $7,508,865 in FY2024 revenue. CharityIndex grades it C+.
Po Box 5817, Wallingford, CT, 06492 EIN 04-2177839 Since 1959
Revenue (FY2024)
$7.5M
▲ 23.7% vs prior year
Expenses (FY2024)
$6.4M
Net assets
$11.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 Health & Welfare Fund Ibew 96— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating22 mo reserves · +15% 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 Health & Welfare Fund Ibew 96: 22 mo reserves · +15% margin earns a A 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 Health & Welfare Fund Ibew 96— 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 Health & Welfare Fund Ibew 96: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 5817, Wallingford, CT, 06492
- City
- Wallingford
- State
- Connecticut
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $3.6M (FY2013) to $7.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $273KNet assets $11.8M
Operating margin
15.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.1M
Total liabilities
$273K
Net assets
$11.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,508,865▲23.7% | $6,378,325▲13.6% | $11,831,670▲14.6% | $12,104,813▲14.3% | 990 |
| 2023 | $6,072,517▲7.6% | $5,612,293▼1.1% | $10,321,847▲9.2% | $10,593,092▲9.8% | 990 |
| 2022 | $5,641,302▼3.1% | $5,675,350▼0.8% | $9,449,863▼12.9% | $9,643,975▼11.8% | 990 |
| 2021 | $5,821,928▲13.2% | $5,721,677▲7.0% | $10,848,838▲5.8% | $10,932,046▲5.5% | 990 |
| 2020 | $5,143,011▼2.9% | $5,346,683▲0.1% | $10,250,654▲4.4% | $10,366,208▲4.2% | 990 |
| 2019 | $5,294,162▲0.2% | $5,340,945▼5.9% | $9,822,989▲4.1% | $9,950,894▲5.0% | 990 |
| 2018 | $5,283,273▲0.2% | $5,675,680▲9.1% | $9,434,681▼7.9% | $9,481,205▼8.1% | 990 |
| 2017 | $5,271,677▼0.8% | $5,202,396▼5.2% | $10,240,682▲3.5% | $10,312,826▼2.2% | 990 |
| 2016 | $5,314,072▲35.3% | $5,489,809▲30.0% | $9,898,093▼0.5% | $10,544,175▲4.7% | 990 |
| 2015 | $3,927,322▼36.2% | $4,222,948▲0.1% | $9,947,952▼4.0% | $10,074,637▼3.8% | 990 |
| 2014 | $6,159,737▲71.1% | $4,220,345▼6.9% | $10,365,101▲0.5% | $10,472,463▲0.9% | 990 |
| 2013 | $3,600,890 | $4,534,550▼8.1% | $10,309,013▼1.9% | $10,376,429▼2.0% | 990 |
| 2012 | — | $4,933,187▼0.4% | $10,508,981▼1.2% | $10,586,084▼1.1% | 990 |
| 2011 | — | $4,955,333▲2.8% | $10,632,966▼4.1% | $10,699,008▼4.0% | 990 |
| 2010 | — | $4,821,632 | $11,089,420 | $11,148,403 | 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 Health & Welfare Fund Ibew 96 a legitimate nonprofit?
- Yes. Health & Welfare Fund Ibew 96 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 04-2177839, based in Wallingford, Connecticut.
- What is Health & Welfare Fund Ibew 96's EIN?
- Health & Welfare Fund Ibew 96's Employer Identification Number (EIN) is 04-2177839.
- How much revenue does Health & Welfare Fund Ibew 96 report?
- Health & Welfare Fund Ibew 96 reported $7,508,865 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Health & Welfare Fund Ibew 96 have?
- CharityIndex grades Health & Welfare Fund Ibew 96 C+, based on financial health (reserves and operating margin).
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Data for Health & Welfare Fund Ibew 96 (EIN 04-2177839) 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.