South Central Minnesota Electrical Workers Vacation & Holiday Plan
501(c)(9)
Only null% goes to programs Growing revenue
South Central Minnesota Electrical Workers Vacation & Holiday Plan is a 501(c)(9) organization based in Bloomington, Minnesota, registered in 1981, with $6,378,038 in FY2023 revenue. CharityIndex grades it C.
3001 Metro Dr Ste 500, Bloomington, MN, 55425 EIN 41-1395194 Since 1981
Revenue (FY2023)
$6.4M
▲ 9.8% vs prior year
Expenses (FY2023)
$6.3M
Net assets
$599K
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 South Central Minnesota Electrical Workers Vacation & Holiday Plan— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 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 South Central Minnesota Electrical Workers Vacation & Holiday Plan: 1 mo reserves · +1% margin earns a C+ 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 South Central Minnesota Electrical Workers Vacation & Holiday Plan— 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 South Central Minnesota Electrical Workers Vacation & Holiday Plan: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3001 Metro Dr Ste 500, Bloomington, MN, 55425
- City
- Bloomington
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $3.6M (FY2013) to $6.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $599K
Operating margin
0.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$599K
Total liabilities
$0
Net assets
$599K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,378,038▲9.8% | $6,341,168▲10.4% | $599,477▲6.6% | $599,477▲6.6% | 990 |
| 2022 | $5,809,430▲0.8% | $5,741,623▼0.6% | $562,607▲13.7% | $562,607▲13.7% | 990 |
| 2021 | $5,762,694▲19.9% | $5,775,433▲23.9% | $494,800▼2.5% | $494,800▼2.5% | 990 |
| 2020 | $4,807,722▼6.7% | $4,660,847▼10.7% | $507,539▲40.7% | $507,539▲37.0% | 990 |
| 2019 | $5,154,293▼6.5% | $5,217,826▼4.8% | $360,664▼15.0% | $370,354▼17.8% | 990 |
| 2018 | $5,513,270▲17.3% | $5,481,324▲16.2% | $424,197▲8.1% | $450,391▲9.0% | 990 |
| 2017 | $4,699,196▼4.0% | $4,715,207▼2.5% | $392,251▼3.9% | $413,049▼2.2% | 990 |
| 2016 | $4,893,220▲13.1% | $4,834,783▲12.4% | $408,262▲16.7% | $422,306▲16.9% | 990 |
| 2015 | $4,327,296▲15.3% | $4,302,274▲15.6% | $349,825▲7.7% | $361,390▲9.2% | 990 |
| 2014 | $3,753,260▲4.6% | $3,721,948▲4.7% | $324,803▲10.7% | $330,812▲10.9% | 990 |
| 2013 | $3,588,444 | $3,554,507▲20.0% | $293,491▲13.1% | $298,430▲13.3% | 990 |
| 2012 | — | $2,962,620 | $259,554 | $263,408 | 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 South Central Minnesota Electrical Workers Vacation & Holiday Plan a legitimate nonprofit?
- Yes. South Central Minnesota Electrical Workers Vacation & Holiday Plan is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 41-1395194, based in Bloomington, Minnesota.
- What is South Central Minnesota Electrical Workers Vacation & Holiday Plan's EIN?
- South Central Minnesota Electrical Workers Vacation & Holiday Plan's Employer Identification Number (EIN) is 41-1395194.
- How much revenue does South Central Minnesota Electrical Workers Vacation & Holiday Plan report?
- South Central Minnesota Electrical Workers Vacation & Holiday Plan reported $6,378,038 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does South Central Minnesota Electrical Workers Vacation & Holiday Plan have?
- CharityIndex grades South Central Minnesota Electrical Workers Vacation & Holiday Plan C, based on financial health (reserves and operating margin).
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Data for South Central Minnesota Electrical Workers Vacation & Holiday Plan (EIN 41-1395194) 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.