Steamfitters Local 449 Medical & Benefit Fund is a 501(c)(9) organization based in Harmony, Pennsylvania, registered in 1954, with $46,437,966 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$46.4M
▼ 1.3% vs prior year
Expenses (FY2024)
$39.7M
Net assets
$100.4M
Employees
—
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 →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 Steamfitters Local 449 Medical & Benefit Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Steamfitters Local 449 Medical & Benefit Fund: 30 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
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 Steamfitters Local 449 Medical & Benefit Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Steamfitters Local 449 Medical & Benefit Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $18.0M (FY2013) to $46.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
14.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$100.8M
Total liabilities
$422K
Net assets
$100.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,437,966▼1.3% | $39,722,351▲1.5% | $100,427,719▲8.4% | $100,849,349▲8.7% | 990 |
| 2023 | $47,049,653▲39.4% | $39,139,175▲10.0% | $92,625,911▲9.3% | $92,815,380▲9.4% | 990 |
| 2022 | $33,756,431▼24.2% | $35,577,291▲13.1% | $84,715,433▼2.1% | $84,836,791▼5.1% | 990 |
| 2021 | $44,512,937▲2.4% | $31,448,066▼2.1% | $86,536,293▲17.8% | $89,351,885▲15.9% | 990 |
| 2020 | $43,469,119▼19.9% | $32,122,052▲1.1% | $73,471,422▲18.3% | $77,071,509▲14.2% | 990 |
| 2019 | $54,301,426▲47.9% | $31,773,593▲2.5% | $62,124,355▲56.9% | $67,483,009▲68.5% | 990 |
| 2018 | $36,724,872▲16.3% | $30,996,561▼6.1% | $39,596,522▲16.9% | $40,056,034▲17.9% | 990 |
| 2017 | $31,578,209▲20.3% | $32,999,501▲0.2% | $33,868,211▼4.0% | $33,981,821▼10.0% | 990 |
| 2016 | $26,250,697▼35.5% | $32,937,720▲5.0% | $35,289,503▼15.9% | $37,758,526▼10.3% | 990 |
| 2015 | $40,688,996▲141% | $31,378,944▲74.1% | $41,961,598▲22.8% | $42,082,717▼10.8% | 990 |
| 2014 | $16,903,019▼6.0% | $18,022,672▲15.4% | $34,166,634▼0.9% | $47,172,451▲34.0% | 990 |
| 2013 | $17,984,447 | $15,622,103▲11.7% | $34,494,148▲11.4% | $35,190,477▲13.0% | 990 |
| 2012 | — | $13,984,127▼6.0% | $30,965,403▲12.7% | $31,133,161▲13.1% | 990 |
| 2011 | — | $14,873,548▼1.4% | $27,483,151▲4.8% | $27,524,693▲4.9% | 990 |
| 2010 | — | $15,077,801 | $26,230,117 | $26,249,172 | 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.
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Data for Steamfitters Local 449 Medical & Benefit Fund (EIN 25-6032450) 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.