Structural Iron Workers-1 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Declining revenue
Structural Iron Workers-1 Welfare Fund is a 501(c)(9) organization based in Forest Park, Illinois, registered in 1952, with $36,765,977 in FY2024 revenue. CharityIndex grades it B.
7700 Industrial Dr, Forest Park, IL, 60130 EIN 36-2196735 Since 1952
Revenue (FY2024)
$36.8M
▼ 5.3% vs prior year
Expenses (FY2024)
$36.9M
Net assets
$47.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Structural Iron Workers-1 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 rating16 mo reserves · -0% 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 Structural Iron Workers-1 Welfare Fund: 16 mo reserves · -0% 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 Structural Iron Workers-1 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 →
CTransparency10% of the rating2 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 Structural Iron Workers-1 Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7700 Industrial Dr, Forest Park, IL, 60130
- City
- Forest Park
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $24.4M (FY2013) to $36.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.3MNet assets $47.7M
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$51.0M
Total liabilities
$3.3M
Net assets
$47.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,765,977▼5.3% | $36,910,475▼9.3% | $47,707,520▲1.8% | $51,032,967▼1.1% | 990 |
| 2023 | $38,827,606▲5.1% | $40,699,891▲12.3% | $46,873,973▼1.9% | $51,591,845▲1.4% | 990 |
| 2022 | $36,945,975▼25.4% | $36,244,978▼7.5% | $47,791,203▲156% | $50,898,953▼12.5% | 990 |
| 2021 | $49,515,997▲37.4% | $39,177,519▲1.0% | $18,637,299▼22.6% | $58,161,512▼4.4% | 990 |
| 2020 | $36,042,515▼4.3% | $38,790,641▼10.1% | $24,069,201▲1.2% | $60,833,653▲2.9% | 990 |
| 2019 | $37,677,251▲1.1% | $43,166,430▲20.6% | $23,787,452▼11.8% | $59,119,627▼3.8% | 990 |
| 2018 | $37,281,804▼5.2% | $35,781,024▼11.5% | $26,955,441▼0.6% | $61,465,514▲0.2% | 990 |
| 2017 | $39,318,961▲11.8% | $40,449,317▲10.9% | $27,109,720▲3.1% | $61,343,127▲7.1% | 990 |
| 2016 | $35,156,721▼2.7% | $36,470,256▲2.5% | $26,303,186▼8.8% | $57,275,770▲4.0% | 990 |
| 2015 | $36,148,698▲20.4% | $35,576,415▲28.0% | $28,841,800▼0.7% | $55,059,406▲10.5% | 990 |
| 2014 | $30,036,001▲22.9% | $27,792,678▲37.6% | $29,034,125▲12.3% | $49,839,619▲8.8% | 990 |
| 2013 | $24,443,657 | $20,204,036▼11.1% | $25,857,013▲25.9% | $45,792,783▲7.8% | 990 |
| 2012 | — | $22,720,013▲13.3% | $20,534,045▲37.1% | $42,482,981▲12.1% | 990 |
| 2011 | — | $20,057,857▲9.2% | $14,979,567▲58.2% | $37,901,872▲10.7% | 990 |
| 2010 | — | $18,365,790 | $9,470,468 | $34,231,425 | 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 Structural Iron Workers-1 Welfare Fund a legitimate nonprofit?
- Yes. Structural Iron Workers-1 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 36-2196735, based in Forest Park, Illinois.
- What is Structural Iron Workers-1 Welfare Fund's EIN?
- Structural Iron Workers-1 Welfare Fund's Employer Identification Number (EIN) is 36-2196735.
- How much revenue does Structural Iron Workers-1 Welfare Fund report?
- Structural Iron Workers-1 Welfare Fund reported $36,765,977 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Structural Iron Workers-1 Welfare Fund have?
- CharityIndex grades Structural Iron Workers-1 Welfare Fund B, based on financial health (reserves and operating margin).
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Data for Structural Iron Workers-1 Welfare Fund (EIN 36-2196735) 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.