International Brotherhood of Electrical Workers 129 Health & We
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
International Brotherhood of Electrical Workers 129 Health & We is a 501(c)(9) organization based in Troy, Michigan, registered in 1968, with $7,818,200 in FY2024 revenue. CharityIndex grades it C+.
5600 New King Dr Ste 330, Troy, MI, 48098 EIN 34-6608616 Since 1968
Revenue (FY2024)
$7.8M
▲ 33.4% vs prior year
Expenses (FY2024)
$6.4M
Net assets
$5.1M
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 Brotherhood of Electrical Workers 129 Health & We— 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 rating10 mo reserves · +18% 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 Brotherhood of Electrical Workers 129 Health & We: 10 mo reserves · +18% 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 Brotherhood of Electrical Workers 129 Health & We— 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 Brotherhood of Electrical Workers 129 Health & We: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $4.3M (FY2013) to $7.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.1MNet assets $5.1M
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$2.1M
Net assets
$5.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,818,200▲33.4% | $6,393,571▲12.0% | $5,070,821▲39.1% | $7,195,724▲41.1% | 990 |
| 2023 | $5,860,428▲1.8% | $5,707,756▲4.8% | $3,646,192▼15.0% | $5,098,577▲11.6% | 990 |
| 2022 | $5,754,725▲8.8% | $5,446,638▼4.5% | $4,290,399▲7.7% | $4,569,842▲7.7% | 990 |
| 2021 | $5,290,595▲14.3% | $5,702,342▲24.0% | $3,982,312▼9.4% | $4,243,235▼6.1% | 990 |
| 2020 | $4,629,792▼8.3% | $4,599,758▼4.8% | $4,394,059▲0.7% | $4,518,258▲2.3% | 990 |
| 2019 | $5,048,677▼0.8% | $4,833,773▼3.3% | $4,364,025▲5.2% | $4,417,951▲4.6% | 990 |
| 2018 | $5,087,877▲16.1% | $5,001,231▼5.8% | $4,149,121▲18.5% | $4,225,510 | 990 |
| 2017 | $4,384,020▲6.0% | $5,307,879▲2.7% | $3,500,108▼20.9% | $4,226,439▼17.1% | 990 |
| 2016 | $4,135,365▼14.4% | $5,165,891▲0.4% | $4,423,967▼18.9% | $5,098,614▼18.0% | 990 |
| 2015 | $4,831,110▲7.4% | $5,146,603▲18.5% | $5,454,493▼5.5% | $6,214,675▼1.2% | 990 |
| 2014 | $4,497,203▲4.5% | $4,344,188▲16.2% | $5,769,986▲2.7% | $6,287,865▲5.6% | 990 |
| 2013 | $4,304,586 | $3,738,533▼4.4% | $5,616,971▲11.2% | $5,953,935▲11.3% | 990 |
| 2012 | — | $3,908,868▲12.8% | $5,050,918▲2.2% | $5,349,119▲5.7% | 990 |
| 2011 | — | $3,464,315▲1.7% | $4,943,045▲81.6% | $5,059,103▲85.9% | 990 |
| 2010 | — | $3,406,496 | $2,721,271 | $2,721,271 | 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 Brotherhood of Electrical Workers 129 Health & We a legitimate nonprofit?
- Yes. International Brotherhood of Electrical Workers 129 Health & We is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 34-6608616, based in Troy, Michigan.
- What is International Brotherhood of Electrical Workers 129 Health & We's EIN?
- International Brotherhood of Electrical Workers 129 Health & We's Employer Identification Number (EIN) is 34-6608616.
- How much revenue does International Brotherhood of Electrical Workers 129 Health & We report?
- International Brotherhood of Electrical Workers 129 Health & We reported $7,818,200 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does International Brotherhood of Electrical Workers 129 Health & We have?
- CharityIndex grades International Brotherhood of Electrical Workers 129 Health & We C+, based on financial health (reserves and operating margin).
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Data for International Brotherhood of Electrical Workers 129 Health & We (EIN 34-6608616) 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.