Plumbers & Steamfitters Local 43 Health & Welfare Fund is a 501(c)(9) organization based in Goodlettsvlle, Tennessee, registered in 1976, with $9,714,787 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$9.7M
▲ 7.4% vs prior year
Expenses (FY2024)
$8.6M
Net assets
$14.7M
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 & Steamfitters Local 43 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 & Steamfitters Local 43 Health & Welfare Fund: 21 mo reserves · +11% 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 & Steamfitters Local 43 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 & Steamfitters Local 43 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 $9.2M (FY2014) to $9.7M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
11.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.8M
Total liabilities
$36K
Net assets
$14.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,714,787▲7.4% | $8,616,256▲10.6% | $14,749,320▲8.0% | $14,784,972▲7.7% | 990 |
| 2023 | $9,045,892▲10.5% | $7,787,568▲12.5% | $13,650,789▲10.2% | $13,734,029▲9.9% | 990 |
| 2022 | $8,188,152▲14.0% | $6,924,351▼9.0% | $12,392,465▲11.4% | $12,492,694▲6.1% | 990 |
| 2021 | $7,184,348▼3.0% | $7,607,649▲19.0% | $11,128,664▼3.7% | $11,774,666▲1.4% | 990 |
| 2020 | $7,407,401▲2.7% | $6,392,800▼14.0% | $11,551,965▲9.6% | $11,614,168▲9.7% | 990 |
| 2019 | $7,216,114▼10.3% | $7,434,114▼3.3% | $10,537,364▼2.0% | $10,591,700▼1.6% | 990 |
| 2018 | $8,045,284▲23.3% | $7,684,455▲28.8% | $10,755,364▲3.5% | $10,768,169▲3.5% | 990 |
| 2017 | $6,523,283▲0.1% | $5,967,100▼11.3% | $10,394,535▲5.7% | $10,406,376▲5.3% | 990 |
| 2016 | $6,513,942▼28.8% | $6,726,036▼2.1% | $9,838,352▼0.7% | $9,886,024▼2.6% | 990 |
| 2014 | $9,154,343 | $6,871,049 | $9,910,565 | $10,152,670 | 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 & Steamfitters Local 43 Health & Welfare Fund (EIN 62-0717969) 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.