Plumbers & Fitters Local 110 Tr Fd is a 501(c)(9) organization based in Norfolk, Virginia, registered in 1963, with $8,578,062 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$8.6M
▲ 19.0% vs prior year
Expenses (FY2024)
$6.6M
Net assets
$16.5M
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 Plumbers & Fitters Local 110 Tr Fd— 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 Plumbers & Fitters Local 110 Tr Fd: 30 mo reserves · +23% 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 Plumbers & Fitters Local 110 Tr Fd— 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 Plumbers & Fitters Local 110 Tr Fd: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.2M (FY2014) to $8.6M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
23.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.5M
Total liabilities
$3.1M
Net assets
$16.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,578,062▲19.0% | $6,566,488▲48.2% | $16,464,644▲13.9% | $19,531,256▲14.5% | 990 |
| 2023 | $7,208,797▲4.4% | $4,431,991▼39.3% | $14,453,070▲23.8% | $17,056,996▲16.1% | 990 |
| 2022 | $6,905,716▲10.2% | $7,303,184▲36.9% | $11,676,264▼3.3% | $14,697,741▲0.8% | 990 |
| 2021 | $6,266,212▼4.1% | $5,336,303▲29.9% | $12,073,732▲8.3% | $14,579,626▲8.7% | 990 |
| 2020 | $6,530,818▲7.1% | $4,108,744▲0.4% | $11,143,823▲27.8% | $13,406,885▲23.0% | 990 |
| 2019 | $6,096,459▼3.3% | $4,093,770▼22.2% | $8,721,749▲29.8% | $10,899,655▲19.1% | 990 |
| 2018 | $6,306,671▲2.3% | $5,261,225▲106% | $6,719,060▲18.4% | $9,152,250▲21.5% | 990 |
| 2017 | $6,162,791▲39.1% | $2,551,099▲2.0% | $5,673,614▲175% | $7,533,649▲48.3% | 990 |
| 2016 | $4,430,661▲46.5% | $2,502,152▼9.6% | $2,061,922▲1446% | $5,081,664▲222% | 990 |
| 2015 | $3,024,078▼5.4% | $2,767,166▼14.2% | $133,413▲208% | $1,578,061▼12.4% | 990 |
| 2014 | $3,196,836 | $3,226,555 | -$123,499 | $1,801,382 | 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 Plumbers & Fitters Local 110 Tr Fd (EIN 54-6058147) 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.