Neca - No 145 Ibew Welfare Plan
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Neca - No 145 Ibew Welfare Plan is a 501(c)(9) organization based in Moline, Illinois, registered in 1961, with $25,452,051 in FY2023 revenue. CharityIndex grades it B.
1700 52nd Ave Ste B, Moline, IL, 61265 EIN 42-6062181 Since 1961
Revenue (FY2023)
$25.5M
▲ 14.8% vs prior year
Expenses (FY2023)
$25.8M
Net assets
$14.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Neca - No 145 Ibew Welfare Plan— 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 · -1% 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 Neca - No 145 Ibew Welfare Plan: 7 mo reserves · -1% 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 Neca - No 145 Ibew Welfare Plan— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Neca - No 145 Ibew Welfare Plan: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $11.9M (FY2014) to $25.5M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $42.2MNet assets $14.0M
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$56.2M
Total liabilities
$42.2M
Net assets
$14.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $25,452,051▲14.8% | $25,781,747▲8.6% | $14,022,048▲26.7% | $56,176,197▲9.6% | 990 |
| 2022 | $22,169,168▲2.0% | $23,747,128▼1.7% | $11,065,106▼1.0% | $51,239,362▲4.2% | 990 |
| 2021 | $21,742,151▲8.1% | $24,153,643▲15.6% | $11,177,770▼48.6% | $49,195,132▼10.6% | 990 |
| 2020 | $20,117,182▲28.4% | $20,893,599▲26.1% | $21,735,228▲44.2% | $55,049,910▲18.9% | 990 |
| 2019 | $15,669,369▼13.4% | $16,568,780▼14.8% | $15,077,774▼0.3% | $46,316,961▲1.9% | 990 |
| 2018 | $18,084,042▲3.9% | $19,447,289▼11.5% | $15,121,538▼13.4% | $45,466,540▼0.5% | 990 |
| 2017 | $17,409,306▲11.3% | $21,969,574▲29.1% | $17,456,689▼19.6% | $45,687,771▲6.6% | 990 |
| 2016 | $15,647,444▲9.7% | $17,014,556▲13.8% | $21,720,550▲8.7% | $42,870,273▲12.2% | 990 |
| 2015 | $14,266,601▲19.5% | $14,957,494▲472% | $19,974,513▲128% | $38,208,847▲7.2% | 990 |
| 2014 | $11,936,892 | $2,616,645▼73.4% | -$72,347,827▼4.2% | $35,635,955▲9.3% | 990 |
| 2012 | — | $9,819,275▼36.6% | -$69,446,649▲38.1% | $32,598,586▲17.1% | 990 |
| 2011 | — | $15,486,941▼55.3% | -$112,245,612▼1.4% | $27,849,094▲14.2% | 990 |
| 2010 | — | $34,628,733▲20.2% | -$110,653,989▼29.6% | $24,391,983▼3.3% | 990 |
| 2009 | — | $28,798,044 | -$85,382,066 | $25,225,734 | 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 Neca - No 145 Ibew Welfare Plan a legitimate nonprofit?
- Yes. Neca - No 145 Ibew Welfare Plan is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 42-6062181, based in Moline, Illinois.
- What is Neca - No 145 Ibew Welfare Plan's EIN?
- Neca - No 145 Ibew Welfare Plan's Employer Identification Number (EIN) is 42-6062181.
- How much revenue does Neca - No 145 Ibew Welfare Plan report?
- Neca - No 145 Ibew Welfare Plan reported $25,452,051 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Neca - No 145 Ibew Welfare Plan have?
- CharityIndex grades Neca - No 145 Ibew Welfare Plan B, based on financial health (reserves and operating margin).
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Data for Neca - No 145 Ibew Welfare Plan (EIN 42-6062181) 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.