Iron Workers Trust Fund-5
501(c)(9)
Only null% goes to programs Strong reserves
Iron Workers Trust Fund-5 is a 501(c)(9) organization based in Seattle, Washington, registered in 1954, with $14,032,036 in FY2023 revenue. CharityIndex grades it B.
Po Box 34203, Seattle, WA, 98124 EIN 52-6057762 Since 1954
Revenue (FY2023)
$14.0M
▼ 2.8% vs prior year
Expenses (FY2023)
$11.2M
Net assets
$48.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Iron Workers Trust Fund-5— 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 rating51 mo reserves · +20% 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 Iron Workers Trust Fund-5: 51 mo reserves · +20% 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 Iron Workers Trust Fund-5— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Iron Workers Trust Fund-5: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 34203, Seattle, WA, 98124
- City
- Seattle
- State
- Washington
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $9.9M (FY2013) to $14.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $10.0MNet assets $48.2M
Operating margin
19.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$58.2M
Total liabilities
$10.0M
Net assets
$48.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $14,032,036▼2.8% | $11,248,791▼42.7% | $48,212,151▲12.4% | $58,209,992▲11.0% | 990 |
| 2022 | $14,432,146▼2.7% | $19,629,067▲55.9% | $42,910,124▼9.0% | $52,451,908▲10.6% | 990 |
| 2021 | $14,839,235▲0.8% | $12,589,769▲7.7% | $47,176,748▼1.8% | $47,437,637▼1.9% | 990 |
| 2020 | $14,719,245▼40.9% | $11,691,948▲19.3% | $48,053,186▲11.4% | $48,333,170▲10.9% | 990 |
| 2019 | $24,917,491▲73.3% | $9,803,690▲14.6% | $43,142,994▲56.5% | $43,565,413▲56.2% | 990 |
| 2018 | $14,378,839▼9.3% | $8,554,877▼5.3% | $27,574,087▲30.0% | $27,899,060▲29.5% | 990 |
| 2017 | $15,855,685▲2.9% | $9,031,114▲18.7% | $21,218,398▲45.4% | $21,548,666▲45.8% | 990 |
| 2016 | $15,404,552▲26.0% | $7,611,034▼29.6% | $14,591,040▲115% | $14,776,186▲108% | 990 |
| 2015 | $12,226,336▲25.4% | $10,811,384▲3.9% | $6,800,799▲27.8% | $7,088,210▲27.9% | 990 |
| 2014 | $9,751,295▼1.4% | $10,401,748▲8.5% | $5,322,405▼11.7% | $5,540,281▼11.3% | 990 |
| 2013 | $9,889,860 | $9,586,270▼4.6% | $6,025,947▲5.2% | $6,243,610▲6.7% | 990 |
| 2012 | — | $10,044,651▲8.2% | $5,726,782▲15.3% | $5,852,058▲8.7% | 990 |
| 2011 | — | $9,279,856▲14.5% | $4,968,115▼11.1% | $5,381,671▼4.7% | 990 |
| 2010 | — | $8,105,826▲1.0% | $5,590,762▼19.2% | $5,648,184▼20.0% | 990 |
| 2009 | — | $8,027,850 | $6,920,277 | $7,061,326 | 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 Iron Workers Trust Fund-5 a legitimate nonprofit?
- Yes. Iron Workers Trust Fund-5 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 52-6057762, based in Seattle, Washington.
- What is Iron Workers Trust Fund-5's EIN?
- Iron Workers Trust Fund-5's Employer Identification Number (EIN) is 52-6057762.
- How much revenue does Iron Workers Trust Fund-5 report?
- Iron Workers Trust Fund-5 reported $14,032,036 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Iron Workers Trust Fund-5 have?
- CharityIndex grades Iron Workers Trust Fund-5 B, based on financial health (reserves and operating margin).
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Data for Iron Workers Trust Fund-5 (EIN 52-6057762) 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.