Shopmens Iron Workers Health & Welfare Trust Fund
501(c)(9)
Only null% goes to programs
Shopmens Iron Workers Health & Welfare Trust Fund is a 501(c)(9) organization based in Pasadena, California, registered in 1973, with $7,124,033 in FY2024 revenue. CharityIndex grades it C+.
131 N El Molino Ave Ste 330, Pasadena, CA, 91101 EIN 23-7252041 Since 1973
Revenue (FY2024)
$7.1M
▲ 1.1% vs prior year
Expenses (FY2024)
$7.0M
Net assets
$3.0M
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 Shopmens Iron Workers Health & Welfare Trust 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 rating5 mo reserves · +1% 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 Shopmens Iron Workers Health & Welfare Trust Fund: 5 mo reserves · +1% 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 Shopmens Iron Workers Health & Welfare Trust 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 Shopmens Iron Workers Health & Welfare Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 131 N El Molino Ave Ste 330, Pasadena, CA, 91101
- City
- Pasadena
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $5.9M (FY2013) to $7.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $581KNet assets $3.0M
Operating margin
1.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$581K
Net assets
$3.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,124,033▲1.1% | $7,041,523▼3.8% | $3,001,184▲4.1% | $3,582,647▲0.8% | 990 |
| 2023 | $7,047,571▲4.3% | $7,322,623▲5.2% | $2,883,948▼4.8% | $3,553,671▼4.5% | 990 |
| 2022 | $6,757,120▼1.8% | $6,959,405▼2.0% | $3,030,601▼8.4% | $3,720,167▼5.6% | 990 |
| 2021 | $6,881,113▼5.2% | $7,103,897▼4.5% | $3,306,918▼14.9% | $3,940,990▼14.3% | 990 |
| 2020 | $7,259,413▼6.2% | $7,435,252▼2.3% | $3,884,244▼1.7% | $4,598,700▼0.7% | 990 |
| 2019 | $7,736,567▲1.2% | $7,606,858▲4.4% | $3,951,386▲7.6% | $4,633,136▲6.7% | 990 |
| 2018 | $7,647,071▲5.8% | $7,288,054▲3.8% | $3,673,506▲13.6% | $4,342,498▲12.1% | 990 |
| 2017 | $7,231,098▼0.7% | $7,020,735▲0.5% | $3,233,114▲7.9% | $3,872,322▲6.9% | 990 |
| 2016 | $7,279,356 | $6,985,921▼0.9% | $2,995,789▲11.2% | $3,622,595▲9.9% | 990 |
| 2015 | $7,277,231▲23.3% | $7,047,880▲14.1% | $2,693,860▲27.6% | $3,297,535▲22.0% | 990 |
| 2013 | $5,900,025 | $6,176,995▲20.1% | $2,110,996▼20.5% | $2,703,939▼12.4% | 990 |
| 2011 | — | $5,143,666 | $2,654,327 | $3,085,857 | 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 Shopmens Iron Workers Health & Welfare Trust Fund a legitimate nonprofit?
- Yes. Shopmens Iron Workers Health & Welfare Trust Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7252041, based in Pasadena, California.
- What is Shopmens Iron Workers Health & Welfare Trust Fund's EIN?
- Shopmens Iron Workers Health & Welfare Trust Fund's Employer Identification Number (EIN) is 23-7252041.
- How much revenue does Shopmens Iron Workers Health & Welfare Trust Fund report?
- Shopmens Iron Workers Health & Welfare Trust Fund reported $7,124,033 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Shopmens Iron Workers Health & Welfare Trust Fund have?
- CharityIndex grades Shopmens Iron Workers Health & Welfare Trust Fund C+, based on financial health (reserves and operating margin).
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Data for Shopmens Iron Workers Health & Welfare Trust Fund (EIN 23-7252041) 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.