Journeymen of Plumb & Pipefitting Industry Welfare Fund Local 274 is a 501(c)(9) organization based in Hopatcong, New Jersey, registered in 1958, with $11,838,777 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$11.8M
▲ 10.6% vs prior year
Health median: $840K
Expenses (FY2024)
$9.9M
Net assets
$15.9M
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 Journeymen of Plumb & Pipefitting Industry Welfare Fund Local 274— 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 Journeymen of Plumb & Pipefitting Industry Welfare Fund Local 274: 19 mo reserves · +16% 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 Journeymen of Plumb & Pipefitting Industry Welfare Fund Local 274— 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 Journeymen of Plumb & Pipefitting Industry Welfare Fund Local 274: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $7.2M (FY2015) to $11.8M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
16.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.2M
Total liabilities
$1.3M
Net assets
$15.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,838,777▲10.6% | $9,927,236▲20.0% | $15,893,052▲13.7% | $17,153,575▲13.4% | 990 |
| 2023 | $10,706,939▲27.8% | $8,272,882▼13.8% | $13,981,511▲21.1% | $15,130,522▲17.5% | 990 |
| 2022 | $8,378,031▼24.1% | $9,601,932▲15.0% | $11,547,454▼9.6% | $12,879,222▼9.6% | 990 |
| 2021 | $11,043,996▲7.2% | $8,352,890▼13.5% | $12,771,355▲26.7% | $14,253,672▲22.4% | 990 |
| 2020 | $10,305,405▼23.1% | $9,651,554▼21.3% | $10,080,249▲6.9% | $11,643,517▲1.2% | 990 |
| 2019 | $13,394,563▲18.7% | $12,265,768▲27.8% | $9,426,398▲13.6% | $11,508,892▲17.3% | 990 |
| 2018 | $11,281,187▲3.3% | $9,600,523▲18.2% | $8,297,603▲25.4% | $9,810,295▲22.9% | 990 |
| 2017 | $10,919,260▲33.7% | $8,124,497▼0.9% | $6,616,939▲73.1% | $7,982,526▲48.2% | 990 |
| 2016 | $8,164,015▲12.7% | $8,194,480▲9.4% | $3,822,176▼0.8% | $5,385,511▲2.3% | 990 |
| 2015 | $7,242,500 | $7,487,814 | $3,852,641 | $5,265,056 | 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 Journeymen of Plumb & Pipefitting Industry Welfare Fund Local 274 (EIN 22-1530864) 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.