Intl Assn of Heat and Frost Insulators & Allied Wrkrs Local 47 is a 501(c)(5) organization based in Lansing, Michigan, registered in 1940, with $1,881,582 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.9M
▲ 61.7% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$1.8M
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 Intl Assn of Heat and Frost Insulators & Allied Wrkrs Local 47— 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 Intl Assn of Heat and Frost Insulators & Allied Wrkrs Local 47: 17 mo reserves · +30% 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 Intl Assn of Heat and Frost Insulators & Allied Wrkrs Local 47— 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 Intl Assn of Heat and Frost Insulators & Allied Wrkrs Local 47: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $639K (FY2013) to $1.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
30.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$4,119
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,881,582▲61.7% | $1,314,749▲31.0% | $1,822,775▲45.1% | $1,826,894▲45.1% | 990 |
| 2023 | $1,163,618▲7.3% | $1,003,780▲6.5% | $1,255,942▲14.6% | $1,259,352▲14.5% | 990 |
| 2022 | $1,084,150▼5.2% | $942,467▲6.2% | $1,096,104▲14.8% | $1,099,768▲14.6% | 990 |
| 2021 | $1,143,465▲20.4% | $887,477▼6.5% | $954,421▲36.7% | $959,497▲36.1% | 990 |
| 2020 | $949,528▲6.2% | $949,132▲12.3% | $698,433▲0.1% | $705,133▲0.2% | 990 |
| 2019 | $893,827▼10.5% | $845,066▼16.7% | $698,037▲7.5% | $703,802▲7.6% | 990 |
| 2018 | $998,807▲4.8% | $1,014,072▼0.5% | $649,276▼2.4% | $654,028▼2.3% | 990 |
| 2017 | $953,300▼8.1% | $1,019,478▲16.4% | $665,517▼7.5% | $669,249▼7.4% | 990 |
| 2016 | $1,037,482▲6.0% | $875,867▼3.7% | $719,713▲29.0% | $722,444▲27.2% | 990 |
| 2015 | $978,416▲6.2% | $909,907▼4.9% | $558,098▲14.0% | $567,947▲14.8% | 990 |
| 2014 | $920,948▲44.2% | $957,001▲7.6% | $489,589▼6.9% | $494,898▼6.3% | 990 |
| 2013 | $638,750 | $889,510 | $525,642 | $528,073 | 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 Intl Assn of Heat and Frost Insulators & Allied Wrkrs Local 47 (EIN 38-1273708) 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.