I B E W Local 42 O S H E Trust Fund is a 501(c)(5) organization based in East Windsor, Connecticut, registered in 1983, with $3,671,678 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.7M
▼ 7.2% vs prior year
Expenses (FY2024)
$3.4M
Net assets
$13.4M
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 I B E W Local 42 O S H E Trust Fund— 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 I B E W Local 42 O S H E Trust Fund: 48 mo reserves · +8% 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 I B E W Local 42 O S H E Trust Fund— 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 I B E W Local 42 O S H E Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2013) to $3.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
8.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.4M
Total liabilities
$0
Net assets
$13.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,671,678▼7.2% | $3,361,500▼11.2% | $13,401,052▲2.4% | $13,401,052▲2.4% | 990 |
| 2023 | $3,954,521▲21.4% | $3,785,314▲34.7% | $13,086,073▲2.9% | $13,086,073▲2.9% | 990 |
| 2022 | $3,256,422▼16.2% | $2,811,188▲7.0% | $12,713,593▲3.6% | $12,713,593▲3.6% | 990 |
| 2021 | $3,885,464▼10.6% | $2,627,469▲23.6% | $12,268,359▲11.6% | $12,268,359▲11.6% | 990 |
| 2020 | $4,343,768▲21.8% | $2,125,692▲6.1% | $10,994,177▲25.3% | $10,994,177▲25.3% | 990 |
| 2019 | $3,566,711▲3.5% | $2,003,579▼1.8% | $8,776,101▲21.7% | $8,776,101▲21.7% | 990 |
| 2018 | $3,445,952▲17.6% | $2,040,082▼5.8% | $7,212,969▲24.2% | $7,212,969▲24.2% | 990 |
| 2017 | $2,931,472▲30.6% | $2,165,203▲34.4% | $5,807,099▲15.2% | $5,807,099▲15.2% | 990 |
| 2016 | $2,244,694▲23.7% | $1,611,198▲7.4% | $5,040,830▲14.4% | $5,040,830▲14.4% | 990 |
| 2015 | $1,815,128▲18.1% | $1,500,065▲4.3% | $4,407,334▲7.7% | $4,407,334▲7.7% | 990 |
| 2014 | $1,537,515▲43.9% | $1,437,642▲26.8% | $4,092,271▲2.5% | $4,092,271▲2.5% | 990 |
| 2013 | $1,068,829 | $1,133,860▼23.9% | $3,992,398▼1.6% | $3,992,398▼1.6% | 990 |
| 2012 | — | $1,489,482▲17.6% | $4,057,429▲17.0% | $4,057,429▲17.0% | 990 |
| 2011 | — | $1,266,345▲31.5% | $3,467,656▲31.1% | $3,467,656▲30.2% | 990 |
| 2010 | — | $963,222 | $2,644,127 | $2,663,752 | 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 I B E W Local 42 O S H E Trust Fund (EIN 06-1062697) 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.