Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund is a 501(c)(9) organization based in Lexington, Kentucky, registered in 1970, with $7,679,939 in FY2023 revenue. CharityIndex grades it C+.
230 Lexington Green Cir Ste 400, Lexington, KY, 40503 EIN 23-7069361 Since 1970
Revenue (FY2023)
$7.7M
▲ 11.3% vs prior year
Expenses (FY2023)
$7.2M
Net assets
$4.7M
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 Union 452 Health & Welfare Tr 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 rating8 mo reserves · +6% 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 Union 452 Health & Welfare Tr Fund: 8 mo reserves · +6% 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 Union 452 Health & Welfare Tr 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 Union 452 Health & Welfare Tr Fund: 1 of 5 disclosure signals earns a D 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
Financial trends
Revenue grew from $4.3M (FY2013) to $7.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $100KNet assets $4.7M
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$100K
Net assets
$4.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,679,939▲11.3% | $7,194,026▲6.6% | $4,713,644▲16.4% | $4,813,203▲16.6% | 990 |
| 2022 | $6,897,159▲13.1% | $6,747,492▲12.1% | $4,048,020▲5.0% | $4,129,212▲5.0% | 990 |
| 2021 | $6,100,870▲4.4% | $6,017,814▼0.1% | $3,856,137▼6.9% | $3,934,029▼6.1% | 990 |
| 2020 | $5,844,535▼1.0% | $6,023,635▲2.6% | $4,142,342▲0.9% | $4,191,560▲1.1% | 990 |
| 2019 | $5,903,124▲0.4% | $5,869,455▲1.8% | $4,104,157▲4.4% | $4,145,721▲4.4% | 990 |
| 2018 | $5,882,103▲9.7% | $5,763,628▼19.7% | $3,929,383▲7.1% | $3,972,709▲7.4% | 990 |
| 2017 | $5,364,121▼2.9% | $7,177,067▲25.2% | $3,669,299▼32.5% | $3,700,359▼32.4% | 990 |
| 2016 | $5,521,631▲1.1% | $5,734,290▲5.1% | $5,437,326▼2.7% | $5,477,928▼3.2% | 990 |
| 2015 | $5,459,416▲2.7% | $5,456,598▲2.3% | $5,586,022▲0.9% | $5,656,908▼3.7% | 990 |
| 2014 | $5,314,054▲22.6% | $5,334,069▲65.4% | $5,536,522▼2.1% | $5,873,327▼1.6% | 990 |
| 2013 | $4,334,259 | $3,224,432▼12.3% | $5,652,968▲27.9% | $5,966,757▲31.4% | 990 |
| 2012 | — | $3,674,692▲4.0% | $4,418,475▼1.0% | $4,542,214▲0.8% | 990 |
| 2011 | — | $3,532,471▲11.8% | $4,464,555▲5.8% | $4,507,787▲4.8% | 990 |
| 2010 | — | $3,158,264 | $4,221,728 | $4,299,837 | 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 Union 452 Health & Welfare Tr Fund a legitimate nonprofit?
- Yes. Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7069361, based in Lexington, Kentucky.
- What is Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund's EIN?
- Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund's Employer Identification Number (EIN) is 23-7069361.
- How much revenue does Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund report?
- Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund reported $7,679,939 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund have?
- CharityIndex grades Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund C+, based on financial health (reserves and operating margin).
More nonprofits in Lexington
Explore more
Data for Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund (EIN 23-7069361) 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.