Plumbing & Pipefitting Industry Health & Welfare Fund Local Union
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Plumbing & Pipefitting Industry Health & Welfare Fund Local Union is a 501(c)(9) organization based in Portland, Oregon, registered in 1978, with $27,734,795 in FY2023 revenue. CharityIndex grades it B.
5331 S Macadam Ave Ste 258 Pmb 116, Portland, OR, 97239 EIN 91-0973983 Since 1978
Revenue (FY2023)
$27.7M
▲ 20.1% vs prior year
Expenses (FY2023)
$21.9M
Net assets
$37.6M
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 Plumbing & Pipefitting Industry Health & Welfare Fund Local Union— 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 rating21 mo reserves · +21% 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 Plumbing & Pipefitting Industry Health & Welfare Fund Local Union: 21 mo reserves · +21% 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 Plumbing & Pipefitting Industry Health & Welfare Fund Local Union— 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 Plumbing & Pipefitting Industry Health & Welfare Fund Local Union: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $17.8M (FY2013) to $27.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.9MNet assets $37.6M
Operating margin
20.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$44.5M
Total liabilities
$6.9M
Net assets
$37.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $27,734,795▲20.1% | $21,948,186▲11.0% | $37,649,032▲29.2% | $44,530,590▲26.3% | 990 |
| 2022 | $23,089,687▲11.7% | $19,780,700▲8.2% | $29,145,770▲13.4% | $35,247,994▲5.7% | 990 |
| 2021 | $20,672,904▼1.1% | $18,276,703▼5.4% | $25,695,375▼0.7% | $33,361,490▲3.9% | 990 |
| 2020 | $20,904,376▼7.9% | $19,315,004▼11.1% | $25,866,638▲9.3% | $32,096,746▲6.9% | 990 |
| 2019 | $22,694,574▼27.2% | $21,720,819▼19.7% | $23,655,943▲7.7% | $30,028,503▼4.8% | 990 |
| 2018 | $31,173,830▲54.8% | $27,039,691▲55.0% | $21,967,247▲27.5% | $31,548,126▲35.0% | 990 |
| 2017 | $20,137,991▲4.0% | $17,444,762▼0.1% | $17,229,333▲16.8% | $23,365,553▲14.1% | 990 |
| 2016 | $19,363,068▼10.3% | $17,455,520▼12.3% | $14,747,696▲14.3% | $20,478,267▲3.6% | 990 |
| 2015 | $21,592,375▲8.9% | $19,913,008▼4.7% | $12,908,197▲17.7% | $19,773,320▲11.9% | 990 |
| 2014 | $19,819,373▲11.4% | $20,902,808▲13.5% | $10,969,877▼9.8% | $17,667,656▼2.7% | 990 |
| 2013 | $17,795,201 | $18,422,274▲4.0% | $12,156,884▼5.4% | $18,155,704▼0.3% | 990 |
| 2012 | — | $17,721,759▼2.7% | $12,849,060▲2.7% | $18,218,089▼0.6% | 990 |
| 2011 | — | $18,218,844▼21.8% | $12,513,423▼2.4% | $18,324,404▼7.4% | 990 |
| 2010 | — | $23,289,425▲48.4% | $12,826,573▼1.9% | $19,783,476▲12.0% | 990 |
| 2009 | — | $15,693,923 | $13,074,290 | $17,670,252 | 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 Plumbing & Pipefitting Industry Health & Welfare Fund Local Union a legitimate nonprofit?
- Yes. Plumbing & Pipefitting Industry Health & Welfare Fund Local Union is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 91-0973983, based in Portland, Oregon.
- What is Plumbing & Pipefitting Industry Health & Welfare Fund Local Union's EIN?
- Plumbing & Pipefitting Industry Health & Welfare Fund Local Union's Employer Identification Number (EIN) is 91-0973983.
- How much revenue does Plumbing & Pipefitting Industry Health & Welfare Fund Local Union report?
- Plumbing & Pipefitting Industry Health & Welfare Fund Local Union reported $27,734,795 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Plumbing & Pipefitting Industry Health & Welfare Fund Local Union have?
- CharityIndex grades Plumbing & Pipefitting Industry Health & Welfare Fund Local Union B, based on financial health (reserves and operating margin).
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Data for Plumbing & Pipefitting Industry Health & Welfare Fund Local Union (EIN 91-0973983) 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.