Multi Skilled Employees & Welfare Trust Fund is a 501(c)(9) organization based in Edison, New Jersey, registered in 1985, with $4,143,058 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$4.1M
▲ 1.5% vs prior year
Expenses (FY2024)
$4.2M
Net assets
$803K
Employees
—
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 Multi Skilled Employees & 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 →
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 Multi Skilled Employees & Welfare Trust Fund: 2 mo reserves · -2% margin earns a B 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 Multi Skilled Employees & 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 →
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 Multi Skilled Employees & Welfare Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.7M (FY2013) to $4.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-2.5%
Spent more than it raised in the latest fiscal year.
Total assets
$876K
Total liabilities
$73K
Net assets
$803K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,143,058▲1.5% | $4,246,053▲4.7% | $803,275▼11.4% | $875,779▼9.8% | 990 |
| 2023 | $4,080,926▼0.5% | $4,054,476▲1.3% | $906,270▲3.0% | $970,685▼0.6% | 990 |
| 2022 | $4,099,581▲1.7% | $4,001,647▼3.9% | $879,820▲12.5% | $976,775▼1.9% | 990 |
| 2021 | $4,032,561▲1.6% | $4,164,755▼2.1% | $781,886▼14.5% | $995,314▼12.4% | 990 |
| 2020 | $3,968,451▲19.0% | $4,254,943▲14.1% | $914,080▼17.8% | $1,135,780▼10.5% | 990 |
| 2019 | $3,333,897▲12.7% | $3,730,390▲13.3% | $1,111,442▼26.3% | $1,268,587▼23.8% | 990 |
| 2018 | $2,957,608▼13.1% | $3,291,639▲0.4% | $1,507,935▼18.1% | $1,663,931▼13.0% | 990 |
| 2017 | $3,404,677▲8.4% | $3,278,117▲15.0% | $1,841,966▲7.4% | $1,913,581▲4.0% | 990 |
| 2016 | $3,141,525▼4.2% | $2,851,435▼7.4% | $1,715,406▲20.4% | $1,839,796▲19.0% | 990 |
| 2015 | $3,279,158▼14.3% | $3,078,304▼13.0% | $1,425,316▲16.4% | $1,546,383▲14.5% | 990 |
| 2014 | $3,826,692▲4.5% | $3,537,383▲4.6% | $1,224,462▲30.9% | $1,350,798▲18.5% | 990 |
| 2013 | $3,661,364 | $3,381,478▼11.7% | $935,153▲42.7% | $1,139,436▲41.8% | 990 |
| 2012 | — | $3,829,635▲5.8% | $655,267▲724% | $803,382▲41.9% | 990 |
| 2011 | — | $3,620,525▼14.8% | -$104,960▲78.1% | $566,342▼6.6% | 990 |
| 2010 | — | $4,248,268 | -$479,014 | $606,382 | 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 Multi Skilled Employees & Welfare Trust Fund (EIN 22-6348900) 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.