Railroad Maintenance & Industrial Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Railroad Maintenance & Industrial Health & Welfare Fund is a 501(c)(9) organization based in Springfield, Illinois, registered in 1978, with $27,107,891 in FY2024 revenue. CharityIndex grades it C+.
2725 W Monroe St, Springfield, IL, 62704 EIN 37-1023648 Since 1978
Revenue (FY2024)
$27.1M
▲ 2.5% vs prior year
Expenses (FY2024)
$20.5M
Net assets
$51.2M
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 Railroad Maintenance & Industrial 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 rating30 mo reserves · +24% 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 Railroad Maintenance & Industrial Health & Welfare Fund: 30 mo reserves · +24% 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 Railroad Maintenance & Industrial 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 →
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 Railroad Maintenance & Industrial Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2725 W Monroe St, Springfield, IL, 62704
- City
- Springfield
- State
- Illinois
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $15.0M (FY2013) to $27.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.8MNet assets $51.2M
Operating margin
24.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$53.1M
Total liabilities
$1.8M
Net assets
$51.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,107,891▲2.5% | $20,490,599▲19.0% | $51,240,629▲18.1% | $53,052,961▲17.6% | 990 |
| 2023 | $26,439,608▲8.9% | $17,216,158▼1.8% | $43,404,304▲29.4% | $45,125,908▲27.7% | 990 |
| 2022 | $24,282,942▼7.0% | $17,539,405▲60.4% | $33,531,078▲23.7% | $35,337,410▲23.5% | 990 |
| 2021 | $26,100,304▲21.3% | $10,937,455▼30.1% | $27,107,282▲68.8% | $28,619,189▲14.7% | 990 |
| 2020 | $21,519,378▲5.2% | $15,645,605▼13.7% | $16,062,940▲93.8% | $24,953,837▲39.6% | 990 |
| 2019 | $20,447,595▲10.1% | $18,125,228▲5.1% | $8,286,778▲40.8% | $17,878,544▲16.1% | 990 |
| 2018 | $18,575,554▲1.0% | $17,247,051▼13.7% | $5,885,224▲39.0% | $15,403,021▲5.7% | 990 |
| 2017 | $18,400,499▲7.4% | $19,986,123▲6.4% | $4,235,320▼37.1% | $14,569,566▼12.5% | 990 |
| 2016 | $17,138,145▲0.9% | $18,783,239▲15.0% | $6,738,256▼11.6% | $16,658,307▲4.1% | 990 |
| 2015 | $16,993,655▲2.5% | $16,330,625▼12.7% | $7,621,932▲10.7% | $15,999,330▲1.9% | 990 |
| 2014 | $16,581,621▲10.8% | $18,696,055▲33.9% | $6,885,567▼48.1% | $15,700,201▼1.8% | 990 |
| 2013 | $14,971,215 | $13,961,552▲0.7% | $13,263,799▼7.8% | $15,983,425▲8.6% | 990 |
| 2012 | — | $13,871,282▲6.3% | $14,384,698▲3.5% | $14,712,151▲4.0% | 990 |
| 2011 | — | $13,049,695▼4.3% | $13,903,238▲2.6% | $14,148,596▲2.9% | 990 |
| 2010 | — | $13,640,353 | $13,545,175 | $13,752,167 | 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 Railroad Maintenance & Industrial Health & Welfare Fund a legitimate nonprofit?
- Yes. Railroad Maintenance & Industrial Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 37-1023648, based in Springfield, Illinois.
- What is Railroad Maintenance & Industrial Health & Welfare Fund's EIN?
- Railroad Maintenance & Industrial Health & Welfare Fund's Employer Identification Number (EIN) is 37-1023648.
- How much revenue does Railroad Maintenance & Industrial Health & Welfare Fund report?
- Railroad Maintenance & Industrial Health & Welfare Fund reported $27,107,891 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Railroad Maintenance & Industrial Health & Welfare Fund have?
- CharityIndex grades Railroad Maintenance & Industrial Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Railroad Maintenance & Industrial Health & Welfare Fund (EIN 37-1023648) 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.