Plumbers & Steamfitters Local 322 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbers & Steamfitters Local 322 Health & Welfare Fund is a 501(c)(9) organization based in Hammonton, New Jersey, registered in 1958, with $33,697,951 in FY2024 revenue. CharityIndex grades it B.
534 S Route 73, Hammonton, NJ, 08037 EIN 21-0699966 Since 1958
Revenue (FY2024)
$33.7M
▲ 5.3% vs prior year
Expenses (FY2024)
$31.0M
Net assets
$36.0M
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 Local 322 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 rating14 mo reserves · +8% 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 322 Health & Welfare Fund: 14 mo reserves · +8% 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 322 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 →
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 Local 322 Health & Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 534 S Route 73, Hammonton, NJ, 08037
- City
- Hammonton
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $27.6M (FY2013) to $33.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $238KNet assets $36.0M
Operating margin
8.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36.2M
Total liabilities
$238K
Net assets
$36.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $33,697,951▲5.3% | $30,988,723▲13.5% | $35,978,871▲12.3% | $36,217,140▲12.5% | 990 |
| 2023 | $32,000,036▲11.7% | $27,311,334▲3.9% | $32,025,534▲16.3% | $32,188,776▲16.3% | 990 |
| 2022 | $28,652,324▲11.9% | $26,280,819▼12.2% | $27,535,158▲11.1% | $27,668,155▲11.0% | 990 |
| 2021 | $25,597,154▼7.7% | $29,942,428▲13.4% | $24,787,365▼19.8% | $24,916,497▼19.8% | 990 |
| 2020 | $27,746,314▼7.3% | $26,395,622▼7.4% | $30,891,274▲1.4% | $31,074,363▲1.2% | 990 |
| 2019 | $29,936,687▼6.3% | $28,495,281▼2.1% | $30,470,279▲8.8% | $30,704,455▲9.2% | 990 |
| 2018 | $31,940,661▲15.2% | $29,115,112▲1.3% | $27,998,404▲14.1% | $28,114,412▲13.8% | 990 |
| 2017 | $27,735,089▲2.9% | $28,746,221▲6.2% | $24,530,981▼5.7% | $24,705,334▼5.7% | 990 |
| 2016 | $26,953,003▲8.7% | $27,058,350▼3.1% | $26,011,670▼1.8% | $26,194,281▼1.5% | 990 |
| 2015 | $24,804,543▲6.7% | $27,932,016▼4.1% | $26,495,669▼10.4% | $26,599,806▼10.4% | 990 |
| 2014 | $23,243,336▼15.7% | $29,113,824▲7.9% | $29,575,193▼16.6% | $29,675,998▼16.9% | 990 |
| 2013 | $27,580,724 | $26,981,568▲1.4% | $35,457,415▼1.4% | $35,700,000▼1.0% | 990 |
| 2012 | — | $26,605,223▼3.2% | $35,964,794▼13.1% | $36,042,791▼13.3% | 990 |
| 2011 | — | $27,473,482▲21.4% | $41,406,544▲10.4% | $41,593,790▲10.0% | 990 |
| 2010 | — | $22,638,746▼4.8% | $37,508,942▲3.3% | $37,824,198▲3.8% | 990 |
| 2009 | — | $23,785,893 | $36,300,581 | $36,433,492 | 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 322 Health & Welfare Fund a legitimate nonprofit?
- Yes. Plumbers & Steamfitters Local 322 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 21-0699966, based in Hammonton, New Jersey.
- What is Plumbers & Steamfitters Local 322 Health & Welfare Fund's EIN?
- Plumbers & Steamfitters Local 322 Health & Welfare Fund's Employer Identification Number (EIN) is 21-0699966.
- How much revenue does Plumbers & Steamfitters Local 322 Health & Welfare Fund report?
- Plumbers & Steamfitters Local 322 Health & Welfare Fund reported $33,697,951 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers & Steamfitters Local 322 Health & Welfare Fund have?
- CharityIndex grades Plumbers & Steamfitters Local 322 Health & Welfare Fund B, based on financial health (reserves and operating margin).
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Data for Plumbers & Steamfitters Local 322 Health & Welfare Fund (EIN 21-0699966) 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.