I B E W-607 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
I B E W-607 Health & Welfare Fund is a 501(c)(9) organization based in Roseland, New Jersey, registered in 1964, with $4,849,885 in FY2024 revenue. CharityIndex grades it C+.
425 Eagle Rock Ave Ste 105, Roseland, NJ, 07068 EIN 24-6021385 Since 1964
Revenue (FY2024)
$4.8M
▲ 13.2% vs prior year
Expenses (FY2024)
$4.0M
Net assets
$2.3M
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 I B E W-607 Health & 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 rating7 mo reserves · +18% 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 I B E W-607 Health & Welfare Fund: 7 mo reserves · +18% 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 I B E W-607 Health & 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 I B E W-607 Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 425 Eagle Rock Ave Ste 105, Roseland, NJ, 07068
- City
- Roseland
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $2.4M (FY2013) to $4.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $72KNet assets $2.3M
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$72K
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,849,885▲13.2% | $3,969,104▲2.5% | $2,321,655▲61.2% | $2,393,468▲57.2% | 990 |
| 2023 | $4,286,213▲14.6% | $3,872,037▲6.5% | $1,440,510▲40.4% | $1,522,896▲42.7% | 990 |
| 2022 | $3,739,766▼12.3% | $3,634,898▼2.2% | $1,026,328▲10.2% | $1,066,964▼25.2% | 990 |
| 2021 | $4,262,327▲30.0% | $3,715,243▼8.7% | $931,122▲126% | $1,426,388▲53.9% | 990 |
| 2020 | $3,279,477▲26.1% | $4,068,711▼18.5% | $411,351▼66.3% | $926,787▼47.8% | 990 |
| 2019 | $2,599,717▼9.1% | $4,993,726▲7.8% | $1,220,419▼63.6% | $1,775,053▼60.8% | 990 |
| 2018 | $2,861,475▼66.9% | $4,633,307▼35.6% | $3,355,248▼37.6% | $4,522,449▼20.5% | 990 |
| 2017 | $8,645,490▲95.5% | $7,193,524▲66.4% | $5,374,080▲36.9% | $5,690,056▲23.6% | 990 |
| 2016 | $4,422,294▲77.6% | $4,322,508▲74.9% | $3,925,378▲4.8% | $4,602,825▲20.6% | 990 |
| 2015 | $2,490,029▼11.5% | $2,471,090▲3.3% | $3,744,148▲0.4% | $3,818,116▲1.0% | 990 |
| 2014 | $2,813,841▲18.4% | $2,391,768▲13.8% | $3,730,269▲12.7% | $3,782,065▲5.6% | 990 |
| 2013 | $2,375,937 | $2,101,114▼5.6% | $3,309,197▲12.9% | $3,582,428▲21.4% | 990 |
| 2012 | — | $2,226,131 | $2,930,746 | $2,951,861 | 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 I B E W-607 Health & Welfare Fund a legitimate nonprofit?
- Yes. I B E W-607 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 24-6021385, based in Roseland, New Jersey.
- What is I B E W-607 Health & Welfare Fund's EIN?
- I B E W-607 Health & Welfare Fund's Employer Identification Number (EIN) is 24-6021385.
- How much revenue does I B E W-607 Health & Welfare Fund report?
- I B E W-607 Health & Welfare Fund reported $4,849,885 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I B E W-607 Health & Welfare Fund have?
- CharityIndex grades I B E W-607 Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for I B E W-607 Health & Welfare Fund (EIN 24-6021385) 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.