Heat and Frost Insulators Local 34 Health & Welfare Plan
501(c)(9)
Only null% goes to programs Strong reserves
Heat and Frost Insulators Local 34 Health & Welfare Plan is a 501(c)(9) organization based in Bloomington, Minnesota, registered in 1986, with $11,893,530 in FY2024 revenue. CharityIndex grades it C+.
3001 Metro Dr Ste 500, Bloomington, MN, 55425 EIN 41-6263066 Since 1986
Revenue (FY2024)
$11.9M
▼ 4.3% vs prior year
Expenses (FY2024)
$11.0M
Net assets
$10.8M
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 Heat and Frost Insulators Local 34 Health & Welfare Plan— 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 rating12 mo reserves · +8% 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 Local 34 Health & Welfare Plan: 12 mo reserves · +8% 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 Local 34 Health & Welfare Plan— 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 Local 34 Health & Welfare Plan: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3001 Metro Dr Ste 500, Bloomington, MN, 55425
- City
- Bloomington
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $9.3M (FY2015) to $11.9M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $177KNet assets $10.8M
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.0M
Total liabilities
$177K
Net assets
$10.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,893,530▼4.3% | $10,990,830▼1.6% | $10,840,649▲10.7% | $11,017,715▲10.5% | 990 |
| 2023 | $12,423,793▲24.8% | $11,165,168▲7.6% | $9,792,441▲20.7% | $9,968,224▲19.6% | 990 |
| 2022 | $9,955,334▼6.7% | $10,377,080▼4.6% | $8,112,437▼9.8% | $8,336,209▼10.0% | 990 |
| 2021 | $10,665,507▲13.9% | $10,877,285▲2.3% | $8,989,669▼7.6% | $9,257,312▼7.0% | 990 |
| 2020 | $9,360,441▼20.7% | $10,629,297▼18.6% | $9,728,839▲1.9% | $9,952,324▲1.9% | 990 |
| 2019 | $11,810,141▲27.2% | $13,058,473▲19.3% | $9,546,872▼17.0% | $9,770,163▼16.5% | 990 |
| 2018 | $9,282,086▼0.7% | $10,941,478▲36.2% | $11,499,140▼12.7% | $11,697,323▼12.0% | 990 |
| 2017 | $9,345,446▲9.4% | $8,036,020▼5.1% | $13,174,857▲12.9% | $13,297,194▲13.2% | 990 |
| 2016 | $8,538,957▼8.5% | $8,466,057▼1.3% | $11,672,196▲4.8% | $11,746,242▲4.7% | 990 |
| 2015 | $9,331,400 | $8,576,035 | $11,140,331 | $11,222,313 | 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 Local 34 Health & Welfare Plan a legitimate nonprofit?
- Yes. Heat and Frost Insulators Local 34 Health & Welfare Plan is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 41-6263066, based in Bloomington, Minnesota.
- What is Heat and Frost Insulators Local 34 Health & Welfare Plan's EIN?
- Heat and Frost Insulators Local 34 Health & Welfare Plan's Employer Identification Number (EIN) is 41-6263066.
- How much revenue does Heat and Frost Insulators Local 34 Health & Welfare Plan report?
- Heat and Frost Insulators Local 34 Health & Welfare Plan reported $11,893,530 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Heat and Frost Insulators Local 34 Health & Welfare Plan have?
- CharityIndex grades Heat and Frost Insulators Local 34 Health & Welfare Plan C+, based on financial health (reserves and operating margin).
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Data for Heat and Frost Insulators Local 34 Health & Welfare Plan (EIN 41-6263066) 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.