Plumbers & Steamfitters Local 131 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Plumbers & Steamfitters Local 131 Health & Welfare Fund is a 501(c)(9) organization based in Wallingford, Connecticut, registered in 1959, with $5,404,050 in FY2023 revenue. CharityIndex grades it C+.
Po Box 5817, Wallingford, CT, 06492 EIN 02-6009395 Since 1959
Revenue (FY2023)
$5.4M
▼ 6.6% vs prior year
Expenses (FY2023)
$5.4M
Net assets
$11.3M
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 & Steamfitters Local 131 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 rating25 mo reserves · +1% 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 Local 131 Health & Welfare Fund: 25 mo reserves · +1% 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 Local 131 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 & Steamfitters Local 131 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
- Po Box 5817, Wallingford, CT, 06492
- City
- Wallingford
- State
- Connecticut
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $4.3M (FY2013) to $5.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $496KNet assets $11.3M
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.8M
Total liabilities
$496K
Net assets
$11.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,404,050▼6.6% | $5,356,717▲13.5% | $11,278,026▲14.4% | $11,773,716▲15.5% | 990 |
| 2022 | $5,787,109▲4.6% | $4,719,209▲2.1% | $9,860,415▲13.1% | $10,191,035▲10.6% | 990 |
| 2021 | $5,531,860▲10.9% | $4,623,495▲9.1% | $8,720,230▼7.2% | $9,216,846▼4.3% | 990 |
| 2020 | $4,986,402▲2.8% | $4,238,309▼4.0% | $9,395,554▲16.3% | $9,629,693▲15.2% | 990 |
| 2019 | $4,850,334▼1.5% | $4,414,423▲18.4% | $8,082,017▲9.2% | $8,357,877▲7.5% | 990 |
| 2018 | $4,922,965▲15.8% | $3,726,861▼3.0% | $7,402,466▲28.1% | $7,773,148▲27.2% | 990 |
| 2017 | $4,252,781▼8.8% | $3,842,426▼16.7% | $5,779,445▲7.8% | $6,110,273▲7.4% | 990 |
| 2016 | $4,660,940▲18.6% | $4,610,725▲3.2% | $5,361,128▲3.0% | $5,687,433▲1.4% | 990 |
| 2015 | $3,930,030▼18.1% | $4,465,610▼10.6% | $5,205,172▼7.5% | $5,606,345▼9.8% | 990 |
| 2014 | $4,800,862▲10.4% | $4,994,031▲9.5% | $5,629,834▼5.1% | $6,215,564▼2.1% | 990 |
| 2013 | $4,347,391 | $4,559,858▲14.2% | $5,931,627▼5.6% | $6,350,844▼4.9% | 990 |
| 2012 | — | $3,991,622▲1.2% | $6,286,597▲2.9% | $6,677,739▲1.1% | 990 |
| 2011 | — | $3,945,819▲5.9% | $6,108,358▲4.1% | $6,605,471▲7.4% | 990 |
| 2010 | — | $3,725,130▲2.5% | $5,868,956▲6.8% | $6,149,090▲8.2% | 990 |
| 2009 | — | $3,633,607 | $5,496,732 | $5,681,492 | 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 Local 131 Health & Welfare Fund a legitimate nonprofit?
- Yes. Plumbers & Steamfitters Local 131 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 02-6009395, based in Wallingford, Connecticut.
- What is Plumbers & Steamfitters Local 131 Health & Welfare Fund's EIN?
- Plumbers & Steamfitters Local 131 Health & Welfare Fund's Employer Identification Number (EIN) is 02-6009395.
- How much revenue does Plumbers & Steamfitters Local 131 Health & Welfare Fund report?
- Plumbers & Steamfitters Local 131 Health & Welfare Fund reported $5,404,050 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Plumbers & Steamfitters Local 131 Health & Welfare Fund have?
- CharityIndex grades Plumbers & Steamfitters Local 131 Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Plumbers & Steamfitters Local 131 Health & Welfare Fund (EIN 02-6009395) 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.