International Assn of Heat & Frost Insulators Local 17 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
International Assn of Heat & Frost Insulators Local 17 Welfare Fund is a 501(c)(9) organization based in Tinley Park, Illinois, registered in 1955, with $27,656,041 in FY2024 revenue. CharityIndex grades it C+.
18520 Spring Creek Dr, Tinley Park, IL, 60477 EIN 36-2148015 Since 1955
Revenue (FY2024)
$27.7M
▲ 6.7% vs prior year
Expenses (FY2024)
$25.5M
Net assets
$61.0M
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 International Assn of Heat & Frost Insulators Local 17 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 rating29 mo reserves · +8% 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 International Assn of Heat & Frost Insulators Local 17 Welfare Fund: 29 mo reserves · +8% 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 International Assn of Heat & Frost Insulators Local 17 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 International Assn of Heat & Frost Insulators Local 17 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 18520 Spring Creek Dr, Tinley Park, IL, 60477
- City
- Tinley Park
- State
- Illinois
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $31.6M (FY2013) to $27.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $199KNet assets $61.0M
Operating margin
7.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$61.2M
Total liabilities
$199K
Net assets
$61.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,656,041▲6.7% | $25,536,766▼8.9% | $61,007,801▲7.4% | $61,206,982▲7.5% | 990 |
| 2023 | $25,931,016▲16.9% | $28,032,801▲17.4% | $56,820,018▲2.6% | $56,956,885▲2.6% | 990 |
| 2022 | $22,189,545▼4.9% | $23,883,338▲8.8% | $55,405,929▼12.1% | $55,512,237▼12.3% | 990 |
| 2021 | $23,341,676▲6.2% | $21,956,891▲5.6% | $63,053,283▲6.3% | $63,312,260▲6.6% | 990 |
| 2020 | $21,985,876▼9.8% | $20,801,447▼15.2% | $59,297,374▲8.0% | $59,377,426▲8.0% | 990 |
| 2019 | $24,367,554▲7.4% | $24,526,851▼1.3% | $54,889,415▲7.1% | $55,004,324▲6.7% | 990 |
| 2018 | $22,699,042▼3.0% | $24,847,563▼6.6% | $51,256,585▼5.9% | $51,538,373▼5.6% | 990 |
| 2017 | $23,401,584▼2.4% | $26,599,487▲6.6% | $54,471,489▼1.9% | $54,595,386▼1.9% | 990 |
| 2016 | $23,987,611▲5.9% | $24,951,892▼0.9% | $55,523,476▼0.6% | $55,662,117▼0.8% | 990 |
| 2015 | $22,643,809▼9.9% | $25,166,463▼2.4% | $55,847,272▼5.3% | $56,087,835▼5.2% | 990 |
| 2014 | $25,127,029▼20.5% | $25,784,512▲13.1% | $58,959,246▲2.4% | $59,193,819▲1.5% | 990 |
| 2013 | $31,609,617 | $22,790,654▼2.7% | $57,592,018▲23.0% | $58,300,660▲23.2% | 990 |
| 2012 | — | $23,416,631▲12.2% | $46,821,959▲11.7% | $47,338,595▲10.5% | 990 |
| 2011 | — | $20,870,415▲9.4% | $41,915,526▲6.5% | $42,851,369▲7.5% | 990 |
| 2010 | — | $19,078,044 | $39,354,327 | $39,860,310 | 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 International Assn of Heat & Frost Insulators Local 17 Welfare Fund a legitimate nonprofit?
- Yes. International Assn of Heat & Frost Insulators Local 17 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 36-2148015, based in Tinley Park, Illinois.
- What is International Assn of Heat & Frost Insulators Local 17 Welfare Fund's EIN?
- International Assn of Heat & Frost Insulators Local 17 Welfare Fund's Employer Identification Number (EIN) is 36-2148015.
- How much revenue does International Assn of Heat & Frost Insulators Local 17 Welfare Fund report?
- International Assn of Heat & Frost Insulators Local 17 Welfare Fund reported $27,656,041 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does International Assn of Heat & Frost Insulators Local 17 Welfare Fund have?
- CharityIndex grades International Assn of Heat & Frost Insulators Local 17 Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for International Assn of Heat & Frost Insulators Local 17 Welfare Fund (EIN 36-2148015) 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.