Plumbers & Pipe Fitters-23 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbers & Pipe Fitters-23 Health & Welfare Fund is a 501(c)(9) organization based in Rockford, Illinois, registered in 1958, with $16,600,815 in FY2024 revenue. CharityIndex grades it C+.
4525 Boeing Dr, Rockford, IL, 61109 EIN 36-6110305 Since 1958
Revenue (FY2024)
$16.6M
▲ 18.9% vs prior year
Expenses (FY2024)
$14.1M
Net assets
$35.7M
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 Plumbers & Pipe Fitters-23 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 →
AFinancial health25% of the rating30 mo reserves · +15% 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 Plumbers & Pipe Fitters-23 Health & Welfare Fund: 30 mo reserves · +15% 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 Plumbers & Pipe Fitters-23 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 →
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 Plumbers & Pipe Fitters-23 Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $7.8M (FY2013) to $16.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $134KNet assets $35.7M
Operating margin
14.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$35.8M
Total liabilities
$134K
Net assets
$35.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,600,815▲18.9% | $14,131,220▲4.9% | $35,700,887▲11.3% | $35,834,872▲10.4% | 990 |
| 2023 | $13,967,148▲17.5% | $13,473,170▲3.5% | $32,085,393▲11.0% | $32,453,221▲11.9% | 990 |
| 2022 | $11,888,750▲1.9% | $13,021,401▲8.3% | $28,917,636▼15.7% | $29,005,201▼15.5% | 990 |
| 2021 | $11,670,583▲12.0% | $12,024,789▲6.7% | $34,304,233▼1.3% | $34,329,164▼1.3% | 990 |
| 2020 | $10,416,845▼4.2% | $11,265,503▲1.9% | $34,740,572▲1.7% | $34,784,491▲1.6% | 990 |
| 2019 | $10,869,426▲6.0% | $11,060,603▼8.7% | $34,162,294▲6.4% | $34,237,291▲6.4% | 990 |
| 2018 | $10,258,534▼8.8% | $12,119,290▲27.9% | $32,100,709▼9.0% | $32,189,858▼9.1% | 990 |
| 2017 | $11,246,894▲23.8% | $9,479,244▲17.0% | $35,294,366▲8.2% | $35,421,457▲8.1% | 990 |
| 2016 | $9,085,386▲6.2% | $8,103,974▲17.0% | $32,605,823▲6.2% | $32,757,277▲5.5% | 990 |
| 2015 | $8,553,180▼0.2% | $6,925,624▼7.5% | $30,690,135▲3.8% | $31,043,076▲4.3% | 990 |
| 2014 | $8,573,966▲9.6% | $7,490,472▼2.2% | $29,571,938▲6.4% | $29,750,670▲6.5% | 990 |
| 2013 | $7,822,632 | $7,659,852▲13.2% | $27,798,202▲7.6% | $27,936,119▲6.7% | 990 |
| 2012 | — | $6,766,430▲14.0% | $25,823,611▲12.1% | $26,183,880▲11.7% | 990 |
| 2011 | — | $5,933,191▼2.6% | $23,036,901▲16.1% | $23,438,244▲17.1% | 990 |
| 2010 | — | $6,090,122 | $19,849,129 | $20,013,692 | 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 Plumbers & Pipe Fitters-23 Health & Welfare Fund a legitimate nonprofit?
- Yes. Plumbers & Pipe Fitters-23 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 36-6110305, based in Rockford, Illinois.
- What is Plumbers & Pipe Fitters-23 Health & Welfare Fund's EIN?
- Plumbers & Pipe Fitters-23 Health & Welfare Fund's Employer Identification Number (EIN) is 36-6110305.
- How much revenue does Plumbers & Pipe Fitters-23 Health & Welfare Fund report?
- Plumbers & Pipe Fitters-23 Health & Welfare Fund reported $16,600,815 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers & Pipe Fitters-23 Health & Welfare Fund have?
- CharityIndex grades Plumbers & Pipe Fitters-23 Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Plumbers & Pipe Fitters-23 Health & Welfare Fund (EIN 36-6110305) 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.