Local 8a-28a Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Local 8a-28a Welfare Fund is a 501(c)(9) organization based in Astoria, New York, registered in 1961, with $7,473,651 in FY2023 revenue. CharityIndex grades it C+.
36-16/18 33rd Street, Astoria, NY, 11106 EIN 13-5624028 Since 1961
Revenue (FY2023)
$7.5M
▲ 5.0% vs prior year
Expenses (FY2023)
$6.9M
Net assets
$8.4M
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 Local 8a-28a 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 rating15 mo reserves · +7% 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 Local 8a-28a Welfare Fund: 15 mo reserves · +7% 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 Local 8a-28a 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 Local 8a-28a Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $4.6M (FY2013) to $7.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $998KNet assets $8.4M
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.4M
Total liabilities
$998K
Net assets
$8.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,473,651▲5.0% | $6,939,666▲20.2% | $8,434,162▼7.9% | $9,431,808▼7.5% | 990 |
| 2022 | $7,119,889▼38.9% | $5,771,371▲8.7% | $9,162,001▼7.1% | $10,201,443▼0.3% | 990 |
| 2021 | $11,654,172▲105% | $5,311,533▼7.5% | $9,863,278▲180% | $10,230,981▲99.5% | 990 |
| 2020 | $5,676,208▲1.8% | $5,740,561▼0.7% | $3,520,639▼1.8% | $5,128,166▲3.1% | 990 |
| 2019 | $5,574,536▲15.5% | $5,778,707▼8.0% | $3,584,992▼5.4% | $4,975,239▲20.4% | 990 |
| 2018 | $4,824,427▲0.6% | $6,282,663▲25.7% | $3,789,163▼27.8% | $4,131,350▼25.6% | 990 |
| 2017 | $4,794,606▼8.1% | $5,000,013▼12.2% | $5,247,399▼3.8% | $5,555,897▼3.8% | 990 |
| 2016 | $5,218,355▲11.0% | $5,693,116▲38.1% | $5,452,806▼8.0% | $5,778,174▼7.8% | 990 |
| 2015 | $4,702,538▲1.6% | $4,122,150▼2.9% | $5,927,567▲10.9% | $6,263,620▲10.6% | 990 |
| 2014 | $4,626,964▲1.5% | $4,246,235▲10.9% | $5,347,179▲7.7% | $5,661,069▲8.4% | 990 |
| 2013 | $4,560,314 | $3,829,283▼7.7% | $4,966,450▲17.3% | $5,223,169▲16.5% | 990 |
| 2012 | — | $4,148,292▼34.9% | $4,235,419▲23.3% | $4,481,939▲20.0% | 990 |
| 2011 | — | $6,370,798▼23.6% | $3,435,694▼3.6% | $3,735,968▲3.6% | 990 |
| 2010 | — | $8,341,871 | $3,565,782 | $3,607,241 | 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 Local 8a-28a Welfare Fund a legitimate nonprofit?
- Yes. Local 8a-28a Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-5624028, based in Astoria, New York.
- What is Local 8a-28a Welfare Fund's EIN?
- Local 8a-28a Welfare Fund's Employer Identification Number (EIN) is 13-5624028.
- How much revenue does Local 8a-28a Welfare Fund report?
- Local 8a-28a Welfare Fund reported $7,473,651 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Local 8a-28a Welfare Fund have?
- CharityIndex grades Local 8a-28a Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Local 8a-28a Welfare Fund (EIN 13-5624028) 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.