Massachusetts Correction Officers Health & Welfare Trust Fund
501(c)(9)
Only null% goes to programs Strong reserves
Massachusetts Correction Officers Health & Welfare Trust Fund is a 501(c)(9) organization based in Minneapolis, Minnesota, registered in 1993, with $3,199,422 in FY2023 revenue. CharityIndex grades it D.
Po Box 1168, Minneapolis, MN, 55440 EIN 04-3147584 Since 1993
Revenue (FY2023)
$3.2M
▼ 4.9% vs prior year
Expenses (FY2023)
$4.0M
Net assets
$7.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Massachusetts Correction Officers Health & Welfare Trust Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating21 mo reserves · -26% 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 Massachusetts Correction Officers Health & Welfare Trust Fund: 21 mo reserves · -26% margin earns a D 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 Massachusetts Correction Officers Health & Welfare Trust 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 Massachusetts Correction Officers Health & Welfare Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1168, Minneapolis, MN, 55440
- City
- Minneapolis
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $4.1M (FY2013) to $3.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.3MNet assets $7.0M
Operating margin
-26.2%
Spent more than it raised in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$1.3M
Net assets
$7.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,199,422▼4.9% | $4,038,507▲8.6% | $6,979,063▲5.8% | $8,256,735▲16.1% | 990 |
| 2022 | $3,365,111▼2.9% | $3,719,507▲2.4% | $6,598,542▼8.9% | $7,108,892▼9.3% | 990 |
| 2021 | $3,464,722▼2.4% | $3,633,188▲11.7% | $7,242,767▲3.7% | $7,834,851▲2.6% | 990 |
| 2020 | $3,550,197▼8.5% | $3,253,740▼20.4% | $6,984,891▲32.8% | $7,637,458▲24.3% | 990 |
| 2019 | $3,878,868▼2.5% | $4,087,285▼5.2% | $5,258,362▼7.1% | $6,143,343▼4.0% | 990 |
| 2018 | $3,979,912▼2.2% | $4,311,965▼8.1% | $5,660,868▼0.6% | $6,396,915▼1.7% | 990 |
| 2017 | $4,068,437▼7.3% | $4,693,725▲3.8% | $5,693,039▼2.6% | $6,508,405▼6.9% | 990 |
| 2016 | $4,391,088▲1.1% | $4,522,834▼2.4% | $5,843,029▲3.3% | $6,988,733▲5.7% | 990 |
| 2015 | $4,345,036▲1.6% | $4,634,908▲5.5% | $5,654,262▼6.1% | $6,610,588▼9.4% | 990 |
| 2014 | $4,278,079▲3.8% | $4,393,011▲2.4% | $6,020,236▲5.8% | $7,299,656▲14.9% | 990 |
| 2013 | $4,122,104 | $4,290,030▲13.7% | $5,690,666▲3.6% | $6,355,039▲4.8% | 990 |
| 2012 | — | $3,773,388 | $5,492,834 | $6,061,554 | 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 Massachusetts Correction Officers Health & Welfare Trust Fund a legitimate nonprofit?
- Yes. Massachusetts Correction Officers Health & Welfare Trust Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 04-3147584, based in Minneapolis, Minnesota.
- What is Massachusetts Correction Officers Health & Welfare Trust Fund's EIN?
- Massachusetts Correction Officers Health & Welfare Trust Fund's Employer Identification Number (EIN) is 04-3147584.
- How much revenue does Massachusetts Correction Officers Health & Welfare Trust Fund report?
- Massachusetts Correction Officers Health & Welfare Trust Fund reported $3,199,422 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Massachusetts Correction Officers Health & Welfare Trust Fund have?
- CharityIndex grades Massachusetts Correction Officers Health & Welfare Trust Fund D, based on financial health (reserves and operating margin).
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Data for Massachusetts Correction Officers Health & Welfare Trust Fund (EIN 04-3147584) 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.