Plumbers & Pipefitters Local 421 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbers & Pipefitters Local 421 Health & Welfare Fund is a 501(c)(9) organization based in Pembroke Pnes, Florida, registered in 1966, with $21,149,623 in FY2024 revenue. CharityIndex grades it C+.
2010 Nw 150th Ave Ste 200, Pembroke Pnes, FL, 33028 EIN 56-6085074 Since 1966
Revenue (FY2024)
$21.1M
▲ 55.2% vs prior year
Expenses (FY2024)
$15.8M
Net assets
$21.1M
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 & Pipefitters Local 421 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 rating16 mo reserves · +25% 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 & Pipefitters Local 421 Health & Welfare Fund: 16 mo reserves · +25% 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 & Pipefitters Local 421 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 & Pipefitters Local 421 Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2010 Nw 150th Ave Ste 200, Pembroke Pnes, FL, 33028
- City
- Pembroke Pnes
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $10.6M (FY2013) to $21.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.1MNet assets $21.1M
Operating margin
25.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$25.2M
Total liabilities
$4.1M
Net assets
$21.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,149,623▲55.2% | $15,804,547▲12.1% | $21,072,278▲73.3% | $25,163,348▲43.7% | 990 |
| 2023 | $13,623,130▲22.8% | $14,102,854▲4.3% | $12,160,480▼1.9% | $17,514,110▲2.3% | 990 |
| 2022 | $11,092,669▼12.5% | $13,521,380▲14.8% | $12,395,974▼26.0% | $17,123,186▼19.6% | 990 |
| 2021 | $12,681,000▲10.3% | $11,774,114▼4.9% | $16,747,480▲3.1% | $21,305,656▲1.3% | 990 |
| 2020 | $11,501,692▼11.0% | $12,380,135▲4.8% | $16,237,065▼1.2% | $21,027,799▼1.5% | 990 |
| 2019 | $12,918,958▲7.9% | $11,816,022▲12.5% | $16,427,840▲14.3% | $21,355,964▲13.3% | 990 |
| 2018 | $11,970,373▼10.4% | $10,504,074▼16.3% | $14,373,326▲5.2% | $18,842,184▲1.6% | 990 |
| 2017 | $13,360,438▲6.9% | $12,551,691▲15.2% | $13,663,352▲11.0% | $18,553,169▲11.9% | 990 |
| 2016 | $12,502,068▲8.1% | $10,893,054▼5.4% | $12,307,775▲13.7% | $16,584,930▲12.4% | 990 |
| 2015 | $11,564,909▼1.7% | $11,512,773▼0.7% | $10,820,542▼2.9% | $14,753,549▼2.1% | 990 |
| 2014 | $11,769,926▲11.2% | $11,593,623▲17.7% | $11,145,918▲0.8% | $15,066,851▲2.0% | 990 |
| 2013 | $10,587,711 | $9,854,229▲5.1% | $11,058,087▲13.9% | $14,773,114▲16.8% | 990 |
| 2012 | — | $9,375,236▲9.0% | $9,705,998▼3.2% | $12,650,248▼1.6% | 990 |
| 2011 | — | $8,604,018▲25.1% | $10,022,086▲1.5% | $12,850,759▲0.2% | 990 |
| 2010 | — | $6,877,733 | $9,877,825 | $12,830,981 | 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 & Pipefitters Local 421 Health & Welfare Fund a legitimate nonprofit?
- Yes. Plumbers & Pipefitters Local 421 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 56-6085074, based in Pembroke Pnes, Florida.
- What is Plumbers & Pipefitters Local 421 Health & Welfare Fund's EIN?
- Plumbers & Pipefitters Local 421 Health & Welfare Fund's Employer Identification Number (EIN) is 56-6085074.
- How much revenue does Plumbers & Pipefitters Local 421 Health & Welfare Fund report?
- Plumbers & Pipefitters Local 421 Health & Welfare Fund reported $21,149,623 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers & Pipefitters Local 421 Health & Welfare Fund have?
- CharityIndex grades Plumbers & Pipefitters Local 421 Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Plumbers & Pipefitters Local 421 Health & Welfare Fund (EIN 56-6085074) 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.