Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B
501(c)(9)
Only null% goes to programs Strong reserves Declining revenue
Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B is a 501(c)(9) organization based in North Brunswick, New Jersey, registered in 1958, with $6,318,941 in FY2024 revenue. CharityIndex grades it C+.
2003 Us Route 130 A, North Brunswick, NJ, 08902 EIN 22-1594458 Since 1958
Revenue (FY2024)
$6.3M
▼ 3.9% vs prior year
Expenses (FY2024)
$6.3M
Net assets
$10.1M
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 Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B— 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 rating19 mo reserves · -0% 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 Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B: 19 mo reserves · -0% 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 Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B— 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 Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2003 Us Route 130 A, North Brunswick, NJ, 08902
- City
- North Brunswick
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $7.5M (FY2013) to $6.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $195KNet assets $10.1M
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$10.3M
Total liabilities
$195K
Net assets
$10.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,318,941▼3.9% | $6,337,949▲0.2% | $10,120,159▲3.9% | $10,315,515▲5.0% | 990 |
| 2023 | $6,578,513▼19.4% | $6,322,317▼24.5% | $9,744,686▲5.7% | $9,826,063▲4.5% | 990 |
| 2022 | $8,163,611▲5.1% | $8,378,232▲2.5% | $9,222,863▼9.1% | $9,407,025▼8.7% | 990 |
| 2021 | $7,768,982▼9.4% | $8,171,526▲1.7% | $10,146,213▼10.1% | $10,308,418▼11.1% | 990 |
| 2020 | $8,575,935▲9.7% | $8,036,766▲5.6% | $11,280,031▲20.1% | $11,595,361▲20.9% | 990 |
| 2019 | $7,814,226▲6.4% | $7,612,680▲5.7% | $9,393,766▲2.6% | $9,593,498▲3.5% | 990 |
| 2018 | $7,342,311▲13.9% | $7,204,883▲16.8% | $9,152,379▼1.7% | $9,270,421▼2.4% | 990 |
| 2017 | $6,446,592▲10.3% | $6,167,173▲6.9% | $9,308,054▲6.6% | $9,502,583▲8.0% | 990 |
| 2016 | $5,842,311▲4.3% | $5,768,331▲13.1% | $8,730,635▲7.0% | $8,795,748▲7.1% | 990 |
| 2015 | $5,599,564▼10.8% | $5,099,077▼19.6% | $8,158,333▲4.9% | $8,212,276▲4.7% | 990 |
| 2014 | $6,274,854▼16.0% | $6,344,707▼25.3% | $7,778,013▲0.2% | $7,842,040▲0.3% | 990 |
| 2013 | $7,474,068 | $8,498,883▼19.2% | $7,763,051▼13.6% | $7,818,270▼13.7% | 990 |
| 2012 | — | $10,523,099▼16.2% | $8,982,047▼19.5% | $9,056,803▼26.1% | 990 |
| 2011 | — | $12,556,212▲15.7% | $11,156,425▼17.3% | $12,249,213▼17.3% | 990 |
| 2010 | — | $10,853,766▲12.9% | $13,485,389▼7.0% | $14,804,611▼0.2% | 990 |
| 2009 | — | $9,613,617 | $14,507,855 | $14,834,560 | 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 Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B a legitimate nonprofit?
- Yes. Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 22-1594458, based in North Brunswick, New Jersey.
- What is Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B's EIN?
- Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B's Employer Identification Number (EIN) is 22-1594458.
- How much revenue does Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B report?
- Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B reported $6,318,941 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B have?
- CharityIndex grades Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B C+, based on financial health (reserves and operating margin).
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Data for Mid-jersey Trucking Industry Local 701 Welfare Fund Plan A & B (EIN 22-1594458) 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.