Structural Iron Workers Local No 1 Scholarship Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Structural Iron Workers Local No 1 Scholarship Fund is a 501(c)(9) organization based in Forest Park, Illinois, registered in 1996, with $1,236,382 in FY2024 revenue. CharityIndex grades it C+.
7720 Industrial Dr, Forest Park, IL, 60130 EIN 36-3987659 Since 1996
Revenue (FY2024)
$1.2M
▲ 4.2% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$2.2M
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 Structural Iron Workers Local No 1 Scholarship 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 rating24 mo reserves · +9% 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 Local No 1 Scholarship Fund: 24 mo reserves · +9% 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 Local No 1 Scholarship 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 Structural Iron Workers Local No 1 Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7720 Industrial Dr, Forest Park, IL, 60130
- City
- Forest Park
- State
- Illinois
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1.3M (FY2018) to $1.2M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.2M
Operating margin
9.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$0
Net assets
$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,236,382▲4.2% | $1,121,450▼7.5% | $2,210,168▲6.9% | $2,210,168▲6.9% | 990 |
| 2023 | $1,186,389▼6.0% | $1,212,964▼4.1% | $2,068,407▼0.3% | $2,068,407▼0.3% | 990 |
| 2022 | $1,261,809▲21.6% | $1,264,684▲24.2% | $2,075,578▼0.6% | $2,075,578▼0.6% | 990 |
| 2021 | $1,037,379▼15.9% | $1,018,332▼7.3% | $2,087,381▼2.7% | $2,087,381▼2.7% | 990 |
| 2020 | $1,233,504▲19.1% | $1,098,306▼29.5% | $2,145,784▲6.8% | $2,145,784▲6.8% | 990 |
| 2019 | $1,035,913▼19.0% | $1,558,486▲45.8% | $2,008,928▼20.0% | $2,008,928▼20.0% | 990 |
| 2018 | $1,278,922 | $1,069,042 | $2,512,002 | $2,512,002 | 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 Local No 1 Scholarship Fund a legitimate nonprofit?
- Yes. Structural Iron Workers Local No 1 Scholarship Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 36-3987659, based in Forest Park, Illinois.
- What is Structural Iron Workers Local No 1 Scholarship Fund's EIN?
- Structural Iron Workers Local No 1 Scholarship Fund's Employer Identification Number (EIN) is 36-3987659.
- How much revenue does Structural Iron Workers Local No 1 Scholarship Fund report?
- Structural Iron Workers Local No 1 Scholarship Fund reported $1,236,382 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Structural Iron Workers Local No 1 Scholarship Fund have?
- CharityIndex grades Structural Iron Workers Local No 1 Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Structural Iron Workers Local No 1 Scholarship Fund (EIN 36-3987659) 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.