Local 138 138a & 138b Welfare Inter National Union of Operating is a 501(c)(9) organization based in Farmingdale, New York, registered in 1998, with $56,793,389 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$56.8M
▲ 17.8% vs prior year
Expenses (FY2024)
$55.6M
Net assets
$20.2M
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 Local 138 138a & 138b Welfare Inter National Union of Operating— 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 Local 138 138a & 138b Welfare Inter National Union of Operating: 4 mo reserves · +2% 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 Local 138 138a & 138b Welfare Inter National Union of Operating— 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 Local 138 138a & 138b Welfare Inter National Union of Operating: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $20.4M (FY2013) to $56.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
2.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$39.2M
Total liabilities
$19.0M
Net assets
$20.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,793,389▲17.8% | $55,637,064▲17.4% | $20,191,232▲7.7% | $39,227,867▲18.5% | 990 |
| 2023 | $48,197,481▲2.1% | $47,403,814▲3.3% | $18,754,799▲5.4% | $33,102,444▲5.7% | 990 |
| 2022 | $47,212,862▲11.0% | $45,895,898▲19.7% | $17,794,830▲7.6% | $31,324,545▲11.1% | 990 |
| 2021 | $42,543,843▲1.7% | $38,331,299▼1.8% | $16,544,595▲24.6% | $28,205,674▲14.5% | 990 |
| 2020 | $41,815,205▲7.4% | $39,053,671▲14.2% | $13,280,707▲24.6% | $24,642,232▲14.4% | 990 |
| 2019 | $38,943,695▲4.1% | $34,203,298▼1.9% | $10,658,334▲91.0% | $21,531,939▲38.3% | 990 |
| 2018 | $37,405,092▲28.3% | $34,857,126▲28.7% | $5,579,697▲94.3% | $15,572,956▲41.1% | 990 |
| 2017 | $29,147,704▲6.6% | $27,081,332▼3.6% | $2,872,312▲249% | $11,038,607▲13.0% | 990 |
| 2016 | $27,331,119▲2.9% | $28,091,962▲8.0% | $823,888▼48.5% | $9,765,538▲13.0% | 990 |
| 2015 | $26,573,365▲14.9% | $26,016,582▲17.4% | $1,600,192▲50.4% | $8,640,913▲7.3% | 990 |
| 2014 | $23,135,617▲13.6% | $22,157,391▼4.3% | $1,063,982▲905% | $8,051,760▲17.6% | 990 |
| 2013 | $20,364,329 | $23,152,786▲13.7% | $105,857▼96.4% | $6,847,787▼17.5% | 990 |
| 2012 | — | $20,358,647▼2.9% | $2,920,947▲22.3% | $8,298,670▲8.7% | 990 |
| 2011 | — | $20,976,080▲6.8% | $2,388,262▼22.1% | $7,632,001▼6.7% | 990 |
| 2010 | — | $19,648,588▼2.2% | $3,064,306▲9.6% | $8,179,778▼0.8% | 990 |
| 2009 | — | $20,089,426 | $2,796,662 | $8,241,976 | 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 Local 138 138a & 138b Welfare Inter National Union of Operating (EIN 11-1628170) 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.