Plumbers & Steamfitters Local 7 Apprentice Training Fund
Only null% goes to programs Strong reserves
Plumbers & Steamfitters Local 7 Apprentice Training Fund is a 501(c)(3) organization based in Latham, New York, registered in 1973, with $1,323,578 in FY2024 revenue. CharityIndex grades it B.
18 Avis Dr, Latham, NY, 12110 EIN 23-7278303 Since 1973
Revenue (FY2024)
$1.3M
▲ 8.1% vs prior year
Employment median: $367K
Expenses (FY2024)
$1.3M
Net assets
$2.3M
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 7 Apprentice Training 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 rating22 mo reserves · +3% 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 7 Apprentice Training Fund: 22 mo reserves · +3% 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 7 Apprentice Training 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 7 Apprentice Training Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 18 Avis Dr, Latham, NY, 12110
- City
- Latham
- State
- New York
- Category
- Employment
- Subcategory
- Labor Unions & Organizations
- Website
- …
Financial trends
Revenue grew from $748K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $17KNet assets $2.3M
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$17K
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,323,578▲8.1% | $1,277,408▲4.4% | $2,304,317▲9.2% | $2,321,683▲8.7% | 990 |
| 2023 | $1,224,541▼0.4% | $1,223,276▲0.7% | $2,110,165▲8.3% | $2,135,717▲8.7% | 990 |
| 2022 | $1,229,030▼2.1% | $1,214,968▲14.6% | $1,948,619▲6.1% | $1,964,088▲6.2% | 990 |
| 2021 | $1,255,548▲6.9% | $1,060,196▲10.4% | $1,836,993▼8.9% | $1,849,014▼9.0% | 990 |
| 2020 | $1,175,040▲4.9% | $960,404▲5.7% | $2,017,368▲29.5% | $2,031,484▲29.2% | 990 |
| 2019 | $1,119,662▲2.7% | $908,573▼12.9% | $1,558,279▲19.9% | $1,572,775▲19.9% | 990 |
| 2018 | $1,090,159▲3.1% | $1,043,294▲13.0% | $1,299,359▲3.2% | $1,311,591▲3.1% | 990 |
| 2017 | $1,057,851▲4.5% | $922,932▲19.3% | $1,259,486▲14.1% | $1,272,386▲13.9% | 990 |
| 2016 | $1,012,676▲22.3% | $773,592▲9.9% | $1,103,794▲32.9% | $1,117,008▲32.8% | 990 |
| 2015 | $827,766▲5.2% | $703,648▲4.2% | $830,664▲16.4% | $841,381▲16.0% | 990 |
| 2014 | $786,717▲5.2% | $675,419▲4.5% | $713,744▲17.2% | $725,428▲16.5% | 990 |
| 2013 | $747,615 | $646,523▼2.8% | $608,780▲24.5% | $622,827▲24.1% | 990 |
| 2012 | — | $665,309▲19.7% | $488,925▲24.7% | $501,959▲21.9% | 990 |
| 2011 | — | $555,653▼17.7% | $392,137▲20.2% | $411,943▲17.3% | 990 |
| 2010 | — | $675,366 | $326,258 | $351,138 | 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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Compare Plumbers & Steamfitters Local 7 Apprentice Training Fund
Frequently asked questions
- Is Plumbers & Steamfitters Local 7 Apprentice Training Fund a legitimate nonprofit?
- Yes. Plumbers & Steamfitters Local 7 Apprentice Training Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7278303, based in Latham, New York. Donations are tax-deductible.
- What is Plumbers & Steamfitters Local 7 Apprentice Training Fund's EIN?
- Plumbers & Steamfitters Local 7 Apprentice Training Fund's Employer Identification Number (EIN) is 23-7278303.
- How much revenue does Plumbers & Steamfitters Local 7 Apprentice Training Fund report?
- Plumbers & Steamfitters Local 7 Apprentice Training Fund reported $1,323,578 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers & Steamfitters Local 7 Apprentice Training Fund have?
- CharityIndex grades Plumbers & Steamfitters Local 7 Apprentice Training Fund B, based on financial health (reserves and operating margin).
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Data for Plumbers & Steamfitters Local 7 Apprentice Training Fund (EIN 23-7278303) 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.