Inlandboatmens Union of the Pacific National Health & Welfare Trust is a 501(c)(9) organization based in Troy, Michigan, registered in 1988, with $36,063,248 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$36.1M
▲ 3.9% vs prior year
Expenses (FY2024)
$30.3M
Net assets
$45.7M
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 Inlandboatmens Union of the Pacific National Health & Welfare Trust— 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 Inlandboatmens Union of the Pacific National Health & Welfare Trust: 18 mo reserves · +16% 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 Inlandboatmens Union of the Pacific National Health & Welfare Trust— 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 Inlandboatmens Union of the Pacific National Health & Welfare Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $25.7M (FY2013) to $36.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
16.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$60.6M
Total liabilities
$14.9M
Net assets
$45.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,063,248▲3.9% | $30,265,586▼8.0% | $45,717,472▲20.1% | $60,644,733▲12.4% | 990 |
| 2023 | $34,721,029▲3.5% | $32,915,096▼4.1% | $38,050,755▲12.2% | $53,947,148▲9.9% | 990 |
| 2022 | $33,535,368▲5.8% | $34,340,208▲29.8% | $33,921,873▼15.5% | $49,082,416▼4.2% | 990 |
| 2021 | $31,711,005▲0.7% | $26,455,642▼3.7% | $40,121,201▲15.6% | $51,210,144▲6.8% | 990 |
| 2020 | $31,475,986▲0.4% | $27,475,562▲1.9% | $34,694,809▲12.9% | $47,935,844▲15.9% | 990 |
| 2019 | $31,361,927▲0.9% | $26,958,813▼11.6% | $30,737,251▲26.7% | $41,361,374▲12.3% | 990 |
| 2018 | $31,083,006▼1.1% | $30,501,443▼2.1% | $24,254,577▼3.4% | $36,835,340▼2.5% | 990 |
| 2017 | $31,434,096▲3.8% | $31,142,655▲11.8% | $25,111,438▲5.2% | $37,763,154▲10.4% | 990 |
| 2016 | $30,277,738▲4.5% | $27,865,799▲8.2% | $23,878,421▲13.3% | $34,194,250▲7.2% | 990 |
| 2015 | $28,968,344▲5.3% | $25,745,326▼2.7% | $21,084,543▲11.9% | $31,890,042▲6.8% | 990 |
| 2014 | $27,502,549▲7.0% | $26,446,949▲18.8% | $18,850,085▼2.9% | $29,847,984▲8.0% | 990 |
| 2013 | $25,710,493 | $22,267,463▲2.2% | $19,407,791▲23.4% | $27,633,176▲12.0% | 990 |
| 2012 | — | $21,779,053▼6.4% | $15,725,519▲43.3% | $24,664,876▲21.6% | 990 |
| 2011 | — | $23,270,303▼3.1% | $10,976,513▲27.8% | $20,277,492▲15.2% | 990 |
| 2010 | — | $24,009,595 | $8,590,554 | $17,604,830 | 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 Inlandboatmens Union of the Pacific National Health & Welfare Trust (EIN 93-0864012) 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.