Insulators Local No 2 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Insulators Local No 2 Welfare Fund is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 1963, with $12,160,294 in FY2023 revenue. CharityIndex grades it C+.
5 Hot Metal St Ste 200, Pittsburgh, PA, 15203 EIN 25-6030310 Since 1963
Revenue (FY2023)
$12.2M
▼ 26.8% vs prior year
Expenses (FY2023)
$12.5M
Net assets
$37.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Insulators Local No 2 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 →
B+Financial health25% of the rating36 mo reserves · -3% 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 Insulators Local No 2 Welfare Fund: 36 mo reserves · -3% margin earns a B+ 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 Insulators Local No 2 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 Insulators Local No 2 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5 Hot Metal St Ste 200, Pittsburgh, PA, 15203
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $9.6M (FY2017) to $12.2M (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $55KNet assets $37.4M
Operating margin
-2.8%
Spent more than it raised in the latest fiscal year.
Total assets
$37.4M
Total liabilities
$55K
Net assets
$37.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,160,294▼26.8% | $12,498,051▲22.1% | $37,371,113▲5.5% | $37,425,839▲4.9% | 990 |
| 2022 | $16,607,776▼1.5% | $10,238,239▲6.0% | $35,428,833▲11.5% | $35,666,325▲1.9% | 990 |
| 2021 | $16,860,239▲54.2% | $9,658,269▼14.5% | $31,776,304▲40.0% | $34,995,845▲47.8% | 990 |
| 2020 | $10,936,779▼10.1% | $11,294,792▲9.5% | $22,700,061▲7.1% | $23,683,295▲8.7% | 990 |
| 2019 | $12,166,221▲5.9% | $10,312,957▼6.7% | $21,195,567▲21.9% | $21,790,317▲21.6% | 990 |
| 2018 | $11,485,549▲20.2% | $11,053,727▼4.3% | $17,387,451▼1.7% | $17,918,271▲0.1% | 990 |
| 2017 | $9,555,978 | $11,548,201 | $17,696,348 | $17,896,385 | 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 Insulators Local No 2 Welfare Fund a legitimate nonprofit?
- Yes. Insulators Local No 2 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 25-6030310, based in Pittsburgh, Pennsylvania.
- What is Insulators Local No 2 Welfare Fund's EIN?
- Insulators Local No 2 Welfare Fund's Employer Identification Number (EIN) is 25-6030310.
- How much revenue does Insulators Local No 2 Welfare Fund report?
- Insulators Local No 2 Welfare Fund reported $12,160,294 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Insulators Local No 2 Welfare Fund have?
- CharityIndex grades Insulators Local No 2 Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Insulators Local No 2 Welfare Fund (EIN 25-6030310) 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.