Local 968 I B E W Building Association
501(c)(2)
Only null% goes to programs Strong reserves
Local 968 I B E W Building Association is a 501(c)(2) organization based in Parkersburg, West Virginia, registered in 1971, with $46,937 in FY2023 revenue. CharityIndex grades it C+.
1845 7th St, Parkersburg, WV, 26101 EIN 55-0492210 Since 1971
Revenue (FY2023)
$47K
▼ 16.6% vs prior year
Expenses (FY2023)
$38K
Net assets
$154K
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 968 I B E W Building Association— 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 rating48 mo reserves · +19% 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 968 I B E W Building Association: 48 mo reserves · +19% 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 968 I B E W Building Association— 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 968 I B E W Building Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1845 7th St, Parkersburg, WV, 26101
- City
- Parkersburg
- State
- West Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue held steady from $46K (FY2017) to $47K (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $266KNet assets $154K
Operating margin
18.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$420K
Total liabilities
$266K
Net assets
$154K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $46,937▼16.6% | $38,150▲12.6% | $153,909▲6.1% | $419,665▼0.9% | 990EZ |
| 2022 | $56,296▲5.8% | $33,882▼3.8% | $145,121▲18.3% | $423,516▲2.5% | 990EZ |
| 2021 | $53,212▲19.8% | $35,223▼2.3% | $122,706▲17.2% | $413,096▲1.6% | 990EZ |
| 2020 | $44,420▼12.9% | $36,049▼1.1% | $104,717▲8.7% | $406,494▼0.6% | 990EZ |
| 2019 | $50,981▲0.8% | $36,453▲13.3% | $96,344▲615% | $408,933▲34.3% | 990EZ |
| 2018 | $50,571▲8.9% | $32,188▲26.4% | $13,472▲374% | $304,514▼0.9% | 990EZ |
| 2017 | $46,439 | $25,474 | -$4,911 | $307,153 | 990EZ |
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 968 I B E W Building Association a legitimate nonprofit?
- Yes. Local 968 I B E W Building Association is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 55-0492210, based in Parkersburg, West Virginia.
- What is Local 968 I B E W Building Association's EIN?
- Local 968 I B E W Building Association's Employer Identification Number (EIN) is 55-0492210.
- How much revenue does Local 968 I B E W Building Association report?
- Local 968 I B E W Building Association reported $46,937 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Local 968 I B E W Building Association have?
- CharityIndex grades Local 968 I B E W Building Association C+, based on financial health (reserves and operating margin).
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Data for Local 968 I B E W Building Association (EIN 55-0492210) 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.