Plumbers and Pipefitters Local Union 9 Welfare Fund is a 501(c)(9) organization based in Trenton, New Jersey, registered in 1979, with $34,452,285 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$34.5M
▲ 4.1% vs prior year
Expenses (FY2024)
$31.4M
Net assets
$38.9M
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 Union 9 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 Union 9 Welfare Fund: 15 mo reserves · +9% 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 Union 9 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 Union 9 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $22.4M (FY2013) to $34.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
8.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43.7M
Total liabilities
$4.8M
Net assets
$38.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $34,452,285▲4.1% | $31,408,172▲13.5% | $38,852,859▲11.1% | $43,665,300▲11.9% | 990 |
| 2023 | $33,102,079▲11.6% | $27,669,488▼4.7% | $34,984,663▲18.4% | $39,016,551▲17.6% | 990 |
| 2022 | $29,668,428▲9.9% | $29,022,720▲15.4% | $29,552,072▼0.4% | $33,170,398▲1.1% | 990 |
| 2021 | $27,003,404▲18.4% | $25,138,803▲0.2% | $29,667,065▼0.4% | $32,816,826▼2.4% | 990 |
| 2020 | $22,800,627▼12.2% | $25,098,746▲11.6% | $29,796,630▼6.7% | $33,621,084▼4.6% | 990 |
| 2019 | $25,961,089▲3.7% | $22,484,955▼1.9% | $31,923,044▲15.4% | $35,249,470▲15.5% | 990 |
| 2018 | $25,038,400▼7.3% | $22,931,771▼0.9% | $27,664,487▲11.0% | $30,511,723▲8.0% | 990 |
| 2017 | $27,023,721▲5.0% | $23,136,090▼2.9% | $24,924,187▲9.8% | $28,257,850▲11.9% | 990 |
| 2016 | $25,728,775▲1.6% | $23,832,720▲12.6% | $22,698,226▲9.0% | $25,256,805▲9.4% | 990 |
| 2015 | $25,315,455▼1.5% | $21,163,808▲10.4% | $20,830,201▲24.5% | $23,092,937▲22.9% | 990 |
| 2014 | $25,706,886▲14.9% | $19,174,797▲12.8% | $16,736,141▲64.5% | $18,789,314▲53.7% | 990 |
| 2013 | $22,370,696 | $17,006,011▼21.3% | $10,172,653▲112% | $12,226,901▲76.2% | 990 |
| 2012 | — | $21,604,313▼2.0% | $4,803,914▼23.7% | $6,940,503▼18.1% | 990 |
| 2011 | — | $22,054,878▼0.7% | $6,296,459▼12.1% | $8,474,220▼10.2% | 990 |
| 2010 | — | $22,202,666▼13.3% | $7,166,310▼17.9% | $9,432,170▼12.7% | 990 |
| 2009 | — | $25,610,216 | $8,732,203 | $10,809,219 | 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 Union 9 Welfare Fund (EIN 22-2193446) 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.