Retail Wholesale & Dept Store Union Local 1034 Welfare Fund
501(c)(9)
Only null% goes to programs Growing revenue
Retail Wholesale & Dept Store Union Local 1034 Welfare Fund is a 501(c)(9) organization based in Wayne, Pennsylvania, registered in 1971, with $1,580,054 in FY2024 revenue. CharityIndex grades it C+.
485 Devon Park D1 Suite 102, Wayne, PA, 19087 EIN 23-7105550 Since 1971
Revenue (FY2024)
$1.6M
▲ 7.9% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$850K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Retail Wholesale & Dept Store Union Local 1034 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 →
B+Financial health25% of the rating6 mo reserves · -8% 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 Retail Wholesale & Dept Store Union Local 1034 Welfare Fund: 6 mo reserves · -8% margin earns a B+ 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 Retail Wholesale & Dept Store Union Local 1034 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 Retail Wholesale & Dept Store Union Local 1034 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 485 Devon Park D1 Suite 102, Wayne, PA, 19087
- City
- Wayne
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $2.2M (FY2013) to $1.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $16KNet assets $850K
Operating margin
-7.8%
Spent more than it raised in the latest fiscal year.
Total assets
$866K
Total liabilities
$16K
Net assets
$850K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,580,054▲7.9% | $1,702,948▲4.2% | $850,100▼10.9% | $865,772▼11.2% | 990 |
| 2023 | $1,464,609▲0.9% | $1,633,728▲0.2% | $954,126▼11.4% | $974,447▼10.7% | 990 |
| 2022 | $1,452,258▲14.9% | $1,630,726▲12.2% | $1,077,031▼24.4% | $1,091,147▼24.0% | 990 |
| 2021 | $1,264,401▼24.6% | $1,453,660▼27.6% | $1,424,258▼7.5% | $1,435,583▼7.4% | 990 |
| 2020 | $1,677,928▲2.1% | $2,008,488▼2.7% | $1,539,651▼12.6% | $1,550,081▼12.7% | 990 |
| 2019 | $1,643,624▼5.0% | $2,065,269▲3.2% | $1,762,216▼11.5% | $1,775,397▼11.6% | 990 |
| 2018 | $1,730,478▼2.6% | $2,001,593▼0.6% | $1,991,606▼16.2% | $2,008,620▼15.9% | 990 |
| 2017 | $1,777,235▼4.8% | $2,013,902▲6.6% | $2,376,212▼2.2% | $2,389,555▼2.4% | 990 |
| 2016 | $1,866,984▼20.1% | $1,889,732▼19.2% | $2,430,660▲1.4% | $2,448,428▲1.4% | 990 |
| 2015 | $2,335,340▼3.8% | $2,337,650▲2.3% | $2,396,776▼1.6% | $2,414,339▼9.0% | 990 |
| 2014 | $2,427,027▲8.2% | $2,286,045▲2.3% | $2,434,700▲8.2% | $2,652,536▲17.1% | 990 |
| 2013 | $2,242,530 | $2,235,039▼15.5% | $2,250,897▲3.2% | $2,266,067▲2.9% | 990 |
| 2012 | — | $2,643,544▲11.2% | $2,180,385▼13.1% | $2,202,690▼13.1% | 990 |
| 2011 | — | $2,377,292▲25.3% | $2,508,507▼9.3% | $2,533,570▼9.2% | 990 |
| 2010 | — | $1,897,729 | $2,766,137 | $2,789,726 | 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 Retail Wholesale & Dept Store Union Local 1034 Welfare Fund a legitimate nonprofit?
- Yes. Retail Wholesale & Dept Store Union Local 1034 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7105550, based in Wayne, Pennsylvania.
- What is Retail Wholesale & Dept Store Union Local 1034 Welfare Fund's EIN?
- Retail Wholesale & Dept Store Union Local 1034 Welfare Fund's Employer Identification Number (EIN) is 23-7105550.
- How much revenue does Retail Wholesale & Dept Store Union Local 1034 Welfare Fund report?
- Retail Wholesale & Dept Store Union Local 1034 Welfare Fund reported $1,580,054 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Retail Wholesale & Dept Store Union Local 1034 Welfare Fund have?
- CharityIndex grades Retail Wholesale & Dept Store Union Local 1034 Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Retail Wholesale & Dept Store Union Local 1034 Welfare Fund (EIN 23-7105550) 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.