Laborers-157 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Laborers-157 Welfare Fund is a 501(c)(9) organization based in Schenectady, New York, registered in 1960, with $5,775,500 in FY2023 revenue. CharityIndex grades it C+.
348 Duanesburg Rd, Schenectady, NY, 12306 EIN 14-1437195 Since 1960
Revenue (FY2023)
$5.8M
▲ 27.1% vs prior year
Expenses (FY2023)
$4.1M
Net assets
$14.7M
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 Laborers-157 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 rating43 mo reserves · +28% 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 Laborers-157 Welfare Fund: 43 mo reserves · +28% 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 Laborers-157 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 Laborers-157 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 348 Duanesburg Rd, Schenectady, NY, 12306
- City
- Schenectady
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $4.8M (FY2013) to $5.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.6MNet assets $14.7M
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$18.2M
Total liabilities
$3.6M
Net assets
$14.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,775,500▲27.1% | $4,132,777▼4.3% | $14,668,025▲19.0% | $18,249,247▲14.5% | 990 |
| 2022 | $4,544,920▼11.0% | $4,316,403▲31.1% | $12,324,183▲11.3% | $15,944,009▲16.1% | 990 |
| 2021 | $5,105,855▲8.2% | $3,293,612▼10.0% | $11,075,144▼2.0% | $13,731,577▼9.4% | 990 |
| 2020 | $4,720,112▼7.5% | $3,658,466▼6.4% | $11,299,563▲27.4% | $15,164,627▲18.5% | 990 |
| 2019 | $5,102,948▼9.9% | $3,906,614▼9.0% | $8,868,157▲11.0% | $12,799,995▲2.1% | 990 |
| 2018 | $5,660,731▲10.2% | $4,290,836▼22.4% | $7,990,116▲26.1% | $12,536,921▲18.5% | 990 |
| 2017 | $5,135,017▲0.6% | $5,529,043▲21.4% | $6,335,544▼5.3% | $10,582,162▲3.1% | 990 |
| 2016 | $5,104,952▲16.6% | $4,552,780▲11.6% | $6,693,181▲7.2% | $10,262,907▲7.2% | 990 |
| 2015 | $4,379,156▲0.4% | $4,080,775▼2.5% | $6,244,968▲4.4% | $9,577,793▲5.4% | 990 |
| 2014 | $4,362,362▼9.1% | $4,186,895▲18.6% | $5,980,922▲1.2% | $9,086,842▲3.1% | 990 |
| 2013 | $4,799,595 | $3,531,102▲23.5% | $5,909,717▲33.1% | $8,809,718▲27.1% | 990 |
| 2012 | — | $2,859,885▼12.0% | $4,441,207▲21.2% | $6,930,412▲15.1% | 990 |
| 2011 | — | $3,249,508▲59.0% | $3,665,170▲47.8% | $6,020,528▲32.5% | 990 |
| 2009 | — | $2,044,213 | $2,479,878 | $4,542,751 | 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 Laborers-157 Welfare Fund a legitimate nonprofit?
- Yes. Laborers-157 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 14-1437195, based in Schenectady, New York.
- What is Laborers-157 Welfare Fund's EIN?
- Laborers-157 Welfare Fund's Employer Identification Number (EIN) is 14-1437195.
- How much revenue does Laborers-157 Welfare Fund report?
- Laborers-157 Welfare Fund reported $5,775,500 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Laborers-157 Welfare Fund have?
- CharityIndex grades Laborers-157 Welfare Fund C+, based on financial health (reserves and operating margin).
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Explore more
Data for Laborers-157 Welfare Fund (EIN 14-1437195) 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.