I B E W Local 237 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
I B E W Local 237 Welfare Fund is a 501(c)(9) organization based in Niagara Falls, New York, registered in 1996, with $6,561,563 in FY2024 revenue. CharityIndex grades it B.
Lpo Box 120, Niagara Falls, NY, 14304 EIN 16-0834222 Since 1996
Revenue (FY2024)
$6.6M
▲ 0.4% vs prior year
Expenses (FY2024)
$5.7M
Net assets
$13.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Local 237 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 rating28 mo reserves · +12% 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 Local 237 Welfare Fund: 28 mo reserves · +12% 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 Local 237 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 →
CTransparency10% of the rating2 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 Local 237 Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Lpo Box 120, Niagara Falls, NY, 14304
- City
- Niagara Falls
- State
- New York
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $3.9M (FY2013) to $6.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $92KNet assets $13.6M
Operating margin
12.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.7M
Total liabilities
$92K
Net assets
$13.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,561,563▲0.4% | $5,748,693▲9.5% | $13,560,498▲13.7% | $13,652,041▲12.5% | 990 |
| 2023 | $6,534,616▲19.4% | $5,250,601▲15.3% | $11,921,910▲22.6% | $12,139,178▲23.8% | 990 |
| 2022 | $5,470,983▲12.1% | $4,554,078▲23.9% | $9,724,757▼3.6% | $9,808,872▼4.7% | 990 |
| 2021 | $4,878,416▲33.0% | $3,674,315▲7.0% | $10,088,586▲16.7% | $10,293,440▲17.5% | 990 |
| 2020 | $3,667,267▼20.9% | $3,433,936▼14.1% | $8,645,693▲9.1% | $8,762,830▲7.8% | 990 |
| 2019 | $4,634,870▲16.2% | $3,999,872▼1.7% | $7,924,133▲14.9% | $8,126,151▲16.0% | 990 |
| 2018 | $3,987,987▲3.3% | $4,067,317▲7.9% | $6,894,004▼5.5% | $7,005,926▼5.2% | 990 |
| 2017 | $3,859,597▼10.3% | $3,769,442▼8.6% | $7,297,122▲3.9% | $7,389,658▲4.3% | 990 |
| 2016 | $4,300,848▲13.0% | $4,125,694▲7.4% | $7,023,096▲2.3% | $7,084,222▲0.5% | 990 |
| 2015 | $3,805,047▼19.9% | $3,841,483▲4.1% | $6,867,121▼3.0% | $7,049,738▼2.0% | 990 |
| 2014 | $4,747,553▲21.8% | $3,690,933▲11.2% | $7,077,220▲20.1% | $7,191,141▲19.4% | 990 |
| 2013 | $3,897,842 | $3,318,804▲0.2% | $5,890,971▲6.0% | $6,022,879▲7.7% | 990 |
| 2012 | — | $3,311,072▲7.5% | $5,559,795▲2.6% | $5,591,917▲2.4% | 990 |
| 2011 | — | $3,079,896▼2.0% | $5,417,656▲16.1% | $5,459,375▲16.3% | 990 |
| 2010 | — | $3,143,272 | $4,668,188 | $4,695,322 | 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 Local 237 Welfare Fund a legitimate nonprofit?
- Yes. I B E W Local 237 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 16-0834222, based in Niagara Falls, New York.
- What is I B E W Local 237 Welfare Fund's EIN?
- I B E W Local 237 Welfare Fund's Employer Identification Number (EIN) is 16-0834222.
- How much revenue does I B E W Local 237 Welfare Fund report?
- I B E W Local 237 Welfare Fund reported $6,561,563 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I B E W Local 237 Welfare Fund have?
- CharityIndex grades I B E W Local 237 Welfare Fund B, based on financial health (reserves and operating margin).
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Data for I B E W Local 237 Welfare Fund (EIN 16-0834222) 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.