Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund is a 501(c)(9) organization based in Troy, Michigan, registered in 1959, with $5,961,893 in FY2024 revenue. CharityIndex grades it C+.
700 Tower Dr Ste 300, Troy, MI, 48098 EIN 38-6058688 Since 1959
Revenue (FY2024)
$6.0M
▲ 9.2% vs prior year
Expenses (FY2024)
$4.7M
Net assets
$12.7M
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 Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund— 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 rating33 mo reserves · +21% 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 Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund: 33 mo reserves · +21% 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 Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund— 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 Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $4.2M (FY2013) to $6.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $539KNet assets $12.7M
Operating margin
21.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.3M
Total liabilities
$539K
Net assets
$12.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,961,893▲9.2% | $4,696,966▲19.7% | $12,725,283▲11.0% | $13,264,544▲13.1% | 990 |
| 2023 | $5,460,173▲37.9% | $3,924,351▲0.2% | $11,460,356▲15.5% | $11,723,157▲14.3% | 990 |
| 2022 | $3,958,777▼37.3% | $3,918,304▼3.4% | $9,924,534▲0.4% | $10,260,097▼0.9% | 990 |
| 2021 | $6,318,662▲34.5% | $4,057,690▲4.3% | $9,884,061▲29.7% | $10,356,072▲27.8% | 990 |
| 2020 | $4,697,061▼10.7% | $3,891,796▼1.2% | $7,623,089▲11.8% | $8,102,846▲11.1% | 990 |
| 2019 | $5,261,213▲17.3% | $3,939,561▲4.4% | $6,817,824▲24.0% | $7,294,818▲25.1% | 990 |
| 2018 | $4,484,795▼11.5% | $3,771,989▼8.4% | $5,496,172▲14.9% | $5,831,262▲12.5% | 990 |
| 2017 | $5,065,430▲13.9% | $4,119,062▲2.0% | $4,783,366▲24.7% | $5,181,634▲25.0% | 990 |
| 2016 | $4,445,528▲3.0% | $4,039,669▼4.5% | $3,836,998▲11.8% | $4,145,803▲7.0% | 990 |
| 2015 | $4,314,223▲8.3% | $4,231,348▼17.1% | $3,431,139▲2.5% | $3,872,990▼4.0% | 990 |
| 2014 | $3,981,815▼6.0% | $5,102,303▲19.8% | $3,348,264▼25.1% | $4,032,522▼11.5% | 990 |
| 2013 | $4,237,643 | $4,259,888 | $4,468,752 | $4,556,636 | 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 Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund a legitimate nonprofit?
- Yes. Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 38-6058688, based in Troy, Michigan.
- What is Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund's EIN?
- Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund's Employer Identification Number (EIN) is 38-6058688.
- How much revenue does Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund report?
- Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund reported $5,961,893 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund have?
- CharityIndex grades Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Heat and Frost Insulators & Allied Workers Local 25 Welfare Fund (EIN 38-6058688) 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.