Plumbers and Pipefitters L U 572 Health and Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbers and Pipefitters L U 572 Health and Welfare Fund is a 501(c)(9) organization based in Goodlettsvlle, Tennessee, registered in 1968, with $20,466,109 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1449, Goodlettsvlle, TN, 37070 EIN 62-0786559 Since 1968
Revenue (FY2024)
$20.5M
▲ 11.0% vs prior year
Expenses (FY2024)
$16.3M
Net assets
$32.0M
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 and Pipefitters L U 572 Health and 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 rating24 mo reserves · +20% 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 and Pipefitters L U 572 Health and Welfare Fund: 24 mo reserves · +20% 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 and Pipefitters L U 572 Health and 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 and Pipefitters L U 572 Health and Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 1449, Goodlettsvlle, TN, 37070
- City
- Goodlettsvlle
- State
- Tennessee
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $11.4M (FY2014) to $20.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.3MNet assets $32.0M
Operating margin
20.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$34.4M
Total liabilities
$2.3M
Net assets
$32.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,466,109▲11.0% | $16,283,670▲26.5% | $32,030,553▲12.1% | $34,378,262▲18.6% | 990 |
| 2023 | $18,440,692▲16.5% | $12,874,822▲3.0% | $28,581,970▲32.0% | $28,993,641▲31.2% | 990 |
| 2022 | $15,827,005▲16.7% | $12,499,316▲12.9% | $21,652,890▲11.7% | $22,099,528▲12.0% | 990 |
| 2021 | $13,559,404▲1.5% | $11,073,201▲19.0% | $19,388,682▲14.7% | $19,730,789▲16.4% | 990 |
| 2020 | $13,355,917▼3.1% | $9,308,450▼10.0% | $16,902,479▲86.3% | $16,949,721▲31.3% | 990 |
| 2019 | $13,779,561▲14.1% | $10,347,257▲21.9% | $9,072,561▲60.9% | $12,907,324▲28.3% | 990 |
| 2018 | $12,080,589▲2.3% | $8,490,451▼7.9% | $5,640,257▲175% | $10,059,828▲15.5% | 990 |
| 2017 | $11,806,211▼6.4% | $9,215,226▼9.8% | $2,050,119▲479% | $8,711,345▲24.1% | 990 |
| 2016 | $12,606,902▲0.7% | $10,214,356▼7.6% | -$540,866▲81.6% | $7,021,858▲47.0% | 990 |
| 2015 | $12,514,002▲9.5% | $11,054,771▲3.0% | -$2,933,412▲33.2% | $4,775,695▲55.8% | 990 |
| 2014 | $11,427,483 | $10,731,379 | -$4,392,643 | $3,065,998 | 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 and Pipefitters L U 572 Health and Welfare Fund a legitimate nonprofit?
- Yes. Plumbers and Pipefitters L U 572 Health and Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 62-0786559, based in Goodlettsvlle, Tennessee.
- What is Plumbers and Pipefitters L U 572 Health and Welfare Fund's EIN?
- Plumbers and Pipefitters L U 572 Health and Welfare Fund's Employer Identification Number (EIN) is 62-0786559.
- How much revenue does Plumbers and Pipefitters L U 572 Health and Welfare Fund report?
- Plumbers and Pipefitters L U 572 Health and Welfare Fund reported $20,466,109 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers and Pipefitters L U 572 Health and Welfare Fund have?
- CharityIndex grades Plumbers and Pipefitters L U 572 Health and Welfare Fund C+, based on financial health (reserves and operating margin).
More nonprofits in Goodlettsvlle
Explore more
Data for Plumbers and Pipefitters L U 572 Health and Welfare Fund (EIN 62-0786559) 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.