Heat and Frost Insulators and Allied Workers Local No 4 Welfare is a 501(c)(9) organization based in Buffalo, New York, registered in 1958, with $1,753,546 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.8M
▲ 26.6% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$1.5M
Employees
—
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 →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 and Allied Workers Local No 4 Welfare— 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 Heat and Frost Insulators and Allied Workers Local No 4 Welfare: 11 mo reserves · +5% margin earns a A 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 Heat and Frost Insulators and Allied Workers Local No 4 Welfare— 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 Heat and Frost Insulators and Allied Workers Local No 4 Welfare: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.7M (FY2014) to $1.8M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$57K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,753,546▲26.6% | $1,661,381▲4.9% | $1,476,814▲6.7% | $1,533,443▲5.9% | 990 |
| 2023 | $1,385,034▼14.6% | $1,584,219▼3.5% | $1,384,395▼9.1% | $1,447,698▼9.8% | 990 |
| 2022 | $1,622,408▼1.8% | $1,641,193▼11.8% | $1,523,258▼11.5% | $1,604,960▼8.9% | 990 |
| 2021 | $1,652,118▼3.7% | $1,859,903▼3.2% | $1,721,598▼11.7% | $1,761,718▼10.8% | 990 |
| 2020 | $1,715,311▼8.2% | $1,921,778▲6.1% | $1,949,936▼6.0% | $1,974,719▼5.8% | 990 |
| 2019 | $1,869,274▲1.4% | $1,811,728▼3.5% | $2,073,766▲7.4% | $2,095,750▲7.2% | 990 |
| 2018 | $1,842,955▼2.2% | $1,878,401▼5.7% | $1,930,189▼5.3% | $1,955,226▼4.9% | 990 |
| 2017 | $1,883,533▼15.2% | $1,992,686▲8.0% | $2,039,275▼2.0% | $2,056,284▼7.8% | 990 |
| 2016 | $2,222,215▲29.4% | $1,845,876▲8.1% | $2,080,732▲25.2% | $2,230,601▲33.6% | 990 |
| 2015 | $1,716,880▼0.1% | $1,706,938▲6.9% | $1,662,417▼4.6% | $1,669,318▼6.3% | 990 |
| 2014 | $1,718,408 | $1,596,179▲4.3% | $1,743,162▼3.9% | $1,782,446▼3.1% | 990 |
| 2012 | — | $1,529,830▲2.9% | $1,814,782▲13.8% | $1,839,261▲14.9% | 990 |
| 2011 | — | $1,486,809▲5.0% | $1,594,495▲17.4% | $1,600,714▲17.6% | 990 |
| 2010 | — | $1,416,430 | $1,358,155 | $1,361,532 | 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 Heat and Frost Insulators and Allied Workers Local No 4 Welfare (EIN 16-6032104) 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.