Michigan Trowel Trades Health & Welfare Fund is a 501(c)(9) organization based in Lansing, Michigan, registered in 1973, with $8,396,447 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$8.4M
▲ 7.3% vs prior year
Employment median: $367K
Expenses (FY2024)
$7.5M
Net assets
$5.2M
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 Michigan Trowel Trades 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 →
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 Trowel Trades Health & Welfare Fund: 8 mo reserves · +10% 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 Michigan Trowel Trades 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 →
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 Trowel Trades Health & Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.7M (FY2013) to $8.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.3M
Total liabilities
$5.1M
Net assets
$5.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,396,447▲7.3% | $7,517,080▼2.2% | $5,179,155▲19.5% | $10,296,772▲4.6% | 990 |
| 2023 | $7,828,054▲12.7% | $7,687,941▲9.4% | $4,334,739▲28.0% | $9,840,077▲26.9% | 990 |
| 2022 | $6,946,613▲2.3% | $7,024,639▼7.2% | $3,385,473▼21.4% | $7,752,476▼12.2% | 990 |
| 2021 | $6,787,750▼0.2% | $7,570,170▲29.4% | $4,305,787▼17.0% | $8,830,937▼8.0% | 990 |
| 2020 | $6,799,409▼2.1% | $5,852,388▼16.5% | $5,190,133▲34.9% | $9,599,329▲17.6% | 990 |
| 2019 | $6,942,744▲5.0% | $7,012,623▲18.2% | $3,846,320▲6.7% | $8,162,380▲9.0% | 990 |
| 2018 | $6,610,712▼0.4% | $5,934,638▼15.9% | $3,605,452▲16.5% | $7,486,723▲0.6% | 990 |
| 2017 | $6,636,291▲6.2% | $7,060,610▲38.1% | $3,096,056▼9.1% | $7,441,134▲8.7% | 990 |
| 2016 | $6,251,753▲11.2% | $5,113,404▼4.8% | $3,405,413▲46.9% | $6,845,555▲21.4% | 990 |
| 2015 | $5,621,803▲12.6% | $5,370,787▲20.1% | $2,318,961▲12.1% | $5,637,728▲22.3% | 990 |
| 2014 | $4,992,026▲5.8% | $4,471,333▲2.9% | $2,067,945▲33.7% | $4,610,439▲28.9% | 990 |
| 2013 | $4,719,652 | $4,346,249▼27.1% | $1,547,252▲31.8% | $3,578,078▼7.9% | 990 |
| 2012 | — | $5,963,168▲27.8% | $1,173,849▼46.4% | $3,883,422▼13.5% | 990 |
| 2011 | — | $4,665,768▼18.2% | $2,191,527▲18.4% | $4,489,013▼2.5% | 990 |
| 2010 | — | $5,705,414 | $1,851,025 | $4,602,576 | 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 Michigan Trowel Trades Health & Welfare Fund (EIN 38-6238055) 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.