Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee is a 501(c)(9) organization based in Des Moines, Iowa, registered in 1977, with $26,511,736 in FY2023 revenue. CharityIndex grades it B.
2501 Bell Ave, Des Moines, IA, 50321 EIN 42-0930021 Since 1977
Revenue (FY2023)
$26.5M
▲ 13.8% vs prior year
Expenses (FY2023)
$21.4M
Net assets
$55.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 & Steamfitters H & W Trust Iowa State Bank Ttee— 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 rating31 mo reserves · +19% 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 & Steamfitters H & W Trust Iowa State Bank Ttee: 31 mo reserves · +19% 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 & Steamfitters H & W Trust Iowa State Bank Ttee— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 & Steamfitters H & W Trust Iowa State Bank Ttee: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2501 Bell Ave, Des Moines, IA, 50321
- City
- Des Moines
- State
- Iowa
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $14.5M (FY2013) to $26.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $31.9MNet assets $55.5M
Operating margin
19.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$87.4M
Total liabilities
$31.9M
Net assets
$55.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $26,511,736▲13.8% | $21,402,210▲17.9% | $55,530,045▲43.5% | $87,390,729▲18.4% | 990 |
| 2022 | $23,289,561▲6.8% | $18,151,994▼2.1% | $38,693,581▼10.4% | $73,779,183▼2.8% | 990 |
| 2021 | $21,812,028▲5.4% | $18,544,642▲17.5% | $43,201,429▲13.1% | $75,894,378▲11.5% | 990 |
| 2020 | $20,687,361▼7.0% | $15,777,554▼5.7% | $38,197,985▲34.8% | $68,054,516▲19.3% | 990 |
| 2019 | $22,250,808▲10.0% | $16,729,676▲7.1% | $28,342,642▲51.2% | $57,058,679▲27.2% | 990 |
| 2018 | $20,230,892▼2.7% | $15,623,628▲7.8% | $18,745,521▲19.4% | $44,856,306▲14.6% | 990 |
| 2017 | $20,796,626▲9.5% | $14,489,661▲20.9% | $15,704,397▲53.8% | $39,134,144▲22.5% | 990 |
| 2016 | $18,995,214▲9.3% | $11,982,897▼11.5% | $10,212,259▲229% | $31,958,555▲32.8% | 990 |
| 2015 | $17,376,440▲9.1% | $13,541,623▲0.6% | $3,099,755▲894% | $24,065,243▲31.6% | 990 |
| 2014 | $15,921,847▲10.1% | $13,465,943▼2.0% | -$390,614▲87.1% | $18,289,234▲19.4% | 990 |
| 2013 | $14,455,042 | $13,740,960▲16.4% | -$3,030,313▲26.5% | $15,323,835▲28.5% | 990 |
| 2012 | — | $11,808,393▲6.4% | -$4,125,550▲18.5% | $11,920,686▲4.8% | 990 |
| 2011 | — | $11,099,154▼17.1% | -$5,063,625▲5.2% | $11,373,131▼1.2% | 990 |
| 2010 | — | $13,387,756 | -$5,344,152 | $11,505,869 | 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 & Steamfitters H & W Trust Iowa State Bank Ttee a legitimate nonprofit?
- Yes. Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 42-0930021, based in Des Moines, Iowa.
- What is Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee's EIN?
- Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee's Employer Identification Number (EIN) is 42-0930021.
- How much revenue does Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee report?
- Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee reported $26,511,736 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee have?
- CharityIndex grades Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee B, based on financial health (reserves and operating margin).
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Data for Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee (EIN 42-0930021) 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.