I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund is a 501(c)(9) organization based in San Diego, California, registered in 1998, with $3,651,339 in FY2023 revenue. CharityIndex grades it C+.
3530 Camino Del Rio N Ste 110, San Diego, CA, 92108 EIN 95-4660513 Since 1998
Revenue (FY2023)
$3.7M
▼ 11.3% vs prior year
Expenses (FY2023)
$3.2M
Net assets
$5.7M
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 Local Union 40-los Angeles Neca Health & Welfare 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 →
AFinancial health25% of the rating22 mo reserves · +14% 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 Union 40-los Angeles Neca Health & Welfare Trust Fund: 22 mo reserves · +14% 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 Union 40-los Angeles Neca Health & Welfare 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 →
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 Local Union 40-los Angeles Neca Health & Welfare Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3530 Camino Del Rio N Ste 110, San Diego, CA, 92108
- City
- San Diego
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $1.5M (FY2014) to $3.7M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.5MNet assets $5.7M
Operating margin
13.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$1.5M
Net assets
$5.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,651,339▼11.3% | $3,151,510▼6.2% | $5,689,559▲16.2% | $7,194,560▲0.1% | 990 |
| 2022 | $4,116,645▲17.3% | $3,360,002▲11.1% | $4,898,334▲21.3% | $7,189,504▲13.1% | 990 |
| 2021 | $3,509,521▲49.6% | $3,024,781▲53.8% | $4,036,770▲1.7% | $6,354,940▲21.5% | 990 |
| 2020 | $2,345,213▲1.4% | $1,966,612▲12.4% | $3,969,266▲10.4% | $5,229,345▲15.3% | 990 |
| 2019 | $2,311,936▲14.4% | $1,749,515▲26.1% | $3,596,373▲17.7% | $4,535,023▲15.9% | 990 |
| 2018 | $2,021,471▲53.2% | $1,387,736▲31.2% | $3,055,947▲25.9% | $3,914,517▲34.3% | 990 |
| 2017 | $1,319,136▼1.1% | $1,057,450 | $2,428,089▲12.1% | $2,913,859▲10.5% | 990 |
| 2016 | $1,334,100▼20.4% | $1,057,367▼15.8% | $2,165,224▲15.4% | $2,637,635▼3.2% | 990 |
| 2015 | $1,675,364▲10.5% | $1,256,033▲10.1% | $1,875,532▲29.1% | $2,725,479▲28.5% | 990 |
| 2014 | $1,516,132 | $1,141,023 | $1,453,080 | $2,120,514 | 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 Union 40-los Angeles Neca Health & Welfare Trust Fund a legitimate nonprofit?
- Yes. I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 95-4660513, based in San Diego, California.
- What is I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund's EIN?
- I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund's Employer Identification Number (EIN) is 95-4660513.
- How much revenue does I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund report?
- I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund reported $3,651,339 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund have?
- CharityIndex grades I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund C+, based on financial health (reserves and operating margin).
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Data for I B E W Local Union 40-los Angeles Neca Health & Welfare Trust Fund (EIN 95-4660513) 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.