Plumbers and Pipefitters Local 94 Health & Welfare Fund is a 501(c)(9) organization based in Canfield, Ohio, registered in 1968, with $8,910,603 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$8.9M
▲ 10.8% vs prior year
Expenses (FY2024)
$8.7M
Net assets
$11.0M
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 and Pipefitters Local 94 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 →
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 Local 94 Health & Welfare Fund: 15 mo reserves · +3% 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 and Pipefitters Local 94 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 →
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 Local 94 Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5.2M (FY2014) to $8.9M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.1M
Total liabilities
$5.1M
Net assets
$11.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,910,603▲10.8% | $8,687,383▲19.1% | $11,026,226▲7.0% | $16,083,221▲7.0% | 990 |
| 2023 | $8,041,754▲17.2% | $7,294,409▲4.3% | $10,300,459▲9.3% | $15,035,919▲8.3% | 990 |
| 2022 | $6,862,686▲2.2% | $6,992,035▼2.7% | $9,426,689▼1.3% | $13,889,152▲2.3% | 990 |
| 2021 | $6,717,924▲9.8% | $7,184,936▲19.2% | $9,553,879▼10.8% | $13,575,441▼6.8% | 990 |
| 2020 | $6,115,623▼6.4% | $6,027,074▼14.0% | $10,704,917▲8.9% | $14,572,302▲12.9% | 990 |
| 2019 | $6,535,671▼4.2% | $7,007,401▲4.8% | $9,834,444▼6.3% | $12,908,460▼1.6% | 990 |
| 2018 | $6,821,438▲15.7% | $6,688,511▲17.8% | $10,493,623▼5.9% | $13,118,998▼1.0% | 990 |
| 2017 | $5,896,304▲14.8% | $5,676,907▲13.4% | $11,151,478▲2.4% | $13,248,583▲2.1% | 990 |
| 2016 | $5,136,609▲9.9% | $5,007,546▼8.5% | $10,884,868▲2.7% | $12,973,871▲7.5% | 990 |
| 2015 | $4,674,382▼10.8% | $5,470,717▲10.9% | $10,602,325▼7.6% | $12,072,573▼6.1% | 990 |
| 2014 | $5,241,473 | $4,934,044▲9.5% | $11,471,148▲4.0% | $12,858,326▲16.1% | 990 |
| 2012 | — | $4,504,380▲23.9% | $11,028,446▲5.9% | $11,077,837▲6.1% | 990 |
| 2011 | — | $3,636,013 | $10,414,083 | $10,437,610 | 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 and Pipefitters Local 94 Health & Welfare Fund (EIN 34-6594978) 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.