Health & Welfare Fund of Cedar Rapids Iowa V A Local 125
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 is a 501(c)(9) organization based in Cedar Rapids, Iowa, registered in 1969, with $23,980,148 in FY2024 revenue. CharityIndex grades it C+.
5001 J Street Sw Suite 100, Cedar Rapids, IA, 52404 EIN 23-7004205 Since 1969
Revenue (FY2024)
$24.0M
▲ 6.5% vs prior year
Expenses (FY2024)
$18.0M
Net assets
$53.2M
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 of Cedar Rapids Iowa V A Local 125— 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 rating35 mo reserves · +25% 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 of Cedar Rapids Iowa V A Local 125: 35 mo reserves · +25% 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 of Cedar Rapids Iowa V A Local 125— 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 of Cedar Rapids Iowa V A Local 125: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5001 J Street Sw Suite 100, Cedar Rapids, IA, 52404
- City
- Cedar Rapids
- State
- Iowa
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $11.1M (FY2013) to $24.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $113KNet assets $53.2M
Operating margin
24.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$53.3M
Total liabilities
$113K
Net assets
$53.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,980,148▲6.5% | $18,035,101▲11.3% | $53,203,530▲15.2% | $53,316,570▲15.0% | 990 |
| 2023 | $22,508,158▲5.2% | $16,199,747▲22.1% | $46,186,938▲20.1% | $46,343,486▲20.0% | 990 |
| 2022 | $21,387,534▲15.0% | $13,268,081▲5.0% | $38,459,157▲22.8% | $38,620,141▲22.9% | 990 |
| 2021 | $18,589,909▲4.9% | $12,638,239▼12.1% | $31,311,283▲12.4% | $31,419,781▲12.3% | 990 |
| 2020 | $17,717,153▲5.8% | $14,381,006▼10.5% | $27,865,637▲38.9% | $27,983,644▲38.9% | 990 |
| 2019 | $16,746,044▲1.3% | $16,069,698▼5.0% | $20,058,460▼4.4% | $20,142,387▼4.4% | 990 |
| 2018 | $16,527,493▲14.2% | $16,917,544▲22.8% | $20,972,073▼1.8% | $21,062,271▼1.5% | 990 |
| 2017 | $14,473,678▼5.6% | $13,772,315▲1.6% | $21,345,929▲7.2% | $21,383,556▲5.6% | 990 |
| 2016 | $15,337,991▲12.5% | $13,557,225▼5.6% | $19,917,933▲17.2% | $20,241,688▲12.4% | 990 |
| 2015 | $13,636,805▲4.6% | $14,356,416▲24.1% | $16,992,218▼5.8% | $18,006,740▼6.2% | 990 |
| 2014 | $13,035,243▲17.8% | $11,568,848▲28.3% | $18,046,311▲10.0% | $19,192,416▲16.0% | 990 |
| 2013 | $11,067,384 | $9,019,263▼11.1% | $16,400,586▲18.5% | $16,539,820▲17.8% | 990 |
| 2012 | — | $10,142,849▲2.5% | $13,835,634▲16.0% | $14,041,942▲14.9% | 990 |
| 2011 | — | $9,898,725▼17.7% | $11,927,483▲491% | $12,216,748▲7.0% | 990 |
| 2010 | — | $12,023,983▲12.8% | -$3,050,833▼82.5% | $11,421,651▲4.3% | 990 |
| 2009 | — | $10,658,899 | -$1,672,130 | $10,952,663 | 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 of Cedar Rapids Iowa V A Local 125 a legitimate nonprofit?
- Yes. Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7004205, based in Cedar Rapids, Iowa.
- What is Health & Welfare Fund of Cedar Rapids Iowa V A Local 125's EIN?
- Health & Welfare Fund of Cedar Rapids Iowa V A Local 125's Employer Identification Number (EIN) is 23-7004205.
- How much revenue does Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 report?
- Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 reported $23,980,148 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 have?
- CharityIndex grades Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 C+, based on financial health (reserves and operating margin).
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Data for Health & Welfare Fund of Cedar Rapids Iowa V A Local 125 (EIN 23-7004205) 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.