Michigan Carpenters Council Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Michigan Carpenters Council Health & Welfare Fund is a 501(c)(9) organization based in Lansing, Michigan, registered in 1954, with $28,047,266 in FY2023 revenue. CharityIndex grades it C+.
6525 Centurion Dr, Lansing, MI, 48917 EIN 38-6058383 Since 1954
Revenue (FY2023)
$28.0M
▲ 9.9% vs prior year
Expenses (FY2023)
$24.8M
Net assets
$13.6M
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 Michigan Carpenters Council Health & 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 rating7 mo reserves · +11% 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 Michigan Carpenters Council Health & Welfare Fund: 7 mo reserves · +11% 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 Michigan Carpenters Council Health & 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 Michigan Carpenters Council Health & 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 $22.2M (FY2013) to $28.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $14.1MNet assets $13.6M
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$27.7M
Total liabilities
$14.1M
Net assets
$13.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $28,047,266▲9.9% | $24,841,775▲9.8% | $13,583,311▲39.9% | $27,673,539▲15.2% | 990 |
| 2022 | $25,522,808▲0.6% | $22,627,608▲0.5% | $9,709,327▲59.3% | $24,017,680▲15.9% | 990 |
| 2021 | $25,381,512▲1.3% | $22,517,442▼14.9% | $6,093,341▲39.9% | $20,716,149▲4.8% | 990 |
| 2020 | $25,045,179▼2.0% | $26,458,893▲24.8% | $4,355,496▼26.9% | $19,772,580▲4.5% | 990 |
| 2019 | $25,554,397▼3.7% | $21,195,888▼16.4% | $5,960,566▲237% | $18,927,746▲13.0% | 990 |
| 2018 | $26,538,970▲4.1% | $25,360,668▲2.8% | $1,769,223▲572% | $16,743,916▲10.6% | 990 |
| 2017 | $25,491,130▲4.8% | $24,672,047▼15.5% | $263,311▲155% | $15,135,965▼7.6% | 990 |
| 2016 | $24,323,397▼5.6% | $29,185,853▲8.9% | -$474,456▼112% | $16,384,879▼15.1% | 990 |
| 2015 | $25,765,962▲10.4% | $26,808,669▼14.2% | $3,917,811▼36.7% | $19,302,432▼12.3% | 990 |
| 2014 | $23,349,272▲5.2% | $31,249,953▲37.7% | $6,188,735▼65.2% | $22,001,794▼25.8% | 990 |
| 2013 | $22,185,669 | $22,692,270▲19.0% | $17,762,778▲7.4% | $29,650,944▲11.3% | 990 |
| 2012 | — | $19,075,357▼14.1% | $16,540,980▲7.6% | $26,650,895▼1.3% | 990 |
| 2011 | — | $22,200,996▲10.5% | $15,374,053▲3.0% | $26,990,535▲4.1% | 990 |
| 2010 | — | $20,098,984▼0.7% | $14,923,974▲14.9% | $25,926,580▲3.0% | 990 |
| 2009 | — | $20,250,611 | $12,984,823 | $25,181,761 | 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 Michigan Carpenters Council Health & Welfare Fund a legitimate nonprofit?
- Yes. Michigan Carpenters Council Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 38-6058383, based in Lansing, Michigan.
- What is Michigan Carpenters Council Health & Welfare Fund's EIN?
- Michigan Carpenters Council Health & Welfare Fund's Employer Identification Number (EIN) is 38-6058383.
- How much revenue does Michigan Carpenters Council Health & Welfare Fund report?
- Michigan Carpenters Council Health & Welfare Fund reported $28,047,266 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Michigan Carpenters Council Health & Welfare Fund have?
- CharityIndex grades Michigan Carpenters Council Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Michigan Carpenters Council Health & Welfare Fund (EIN 38-6058383) 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.