Twin City Area Heat & Frost Insulators Local 34 Apprenticeship
501(c)(5)
Only null% goes to programs Strong reserves Growing revenue
Twin City Area Heat & Frost Insulators Local 34 Apprenticeship is a 501(c)(5) organization based in Bloomington, Minnesota, registered in 1993, with $595,125 in FY2024 revenue. CharityIndex grades it C+.
3001 Metro Dr Ste 500, Bloomington, MN, 55425 EIN 41-6054711 Since 1993
Revenue (FY2024)
$595K
▲ 21.7% vs prior year
Expenses (FY2024)
$497K
Net assets
$439K
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 Twin City Area Heat & Frost Insulators Local 34 Apprenticeship— 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 rating11 mo reserves · +17% 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 Twin City Area Heat & Frost Insulators Local 34 Apprenticeship: 11 mo reserves · +17% 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 Twin City Area Heat & Frost Insulators Local 34 Apprenticeship— 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 Twin City Area Heat & Frost Insulators Local 34 Apprenticeship: 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 $561K (FY2013) to $595K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,733Net assets $439K
Operating margin
16.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$442K
Total liabilities
$2,733
Net assets
$439K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $595,125▲21.7% | $496,756▼13.5% | $439,326▲28.9% | $442,059▲29.7% | 990 |
| 2023 | $489,113▲8.7% | $574,494▲2.2% | $340,957▼20.0% | $340,957▼20.0% | 990 |
| 2022 | $450,120▼12.2% | $562,290▲11.1% | $426,338▼20.8% | $426,338▼20.8% | 990 |
| 2021 | $512,634▲9.3% | $505,998▼8.7% | $538,508▲1.2% | $538,508▲1.2% | 990 |
| 2020 | $468,854▼24.4% | $554,263▼8.5% | $531,872▼13.8% | $531,872▼13.8% | 990 |
| 2019 | $619,805▲12.4% | $605,505▼5.3% | $617,281▲2.4% | $617,281▲2.4% | 990 |
| 2018 | $551,566▼7.8% | $639,442▲0.6% | $602,981▼12.7% | $602,981▼12.7% | 990 |
| 2017 | $598,306▼1.4% | $635,618▼10.0% | $690,857▼5.1% | $690,857▼5.1% | 990 |
| 2016 | $606,589▼8.7% | $706,268▲13.6% | $728,169▼12.0% | $728,169▼12.0% | 990 |
| 2015 | $664,359▲21.0% | $621,765▲28.7% | $827,848▲5.4% | $827,848▲5.4% | 990 |
| 2014 | $549,115▼2.2% | $483,277▼2.2% | $785,254▲9.2% | $785,254▲9.2% | 990 |
| 2013 | $561,367 | $494,030▼4.2% | $719,416▲10.3% | $719,416▲10.3% | 990 |
| 2012 | — | $515,761▲9.4% | $652,079▼5.0% | $652,079▼5.0% | 990 |
| 2011 | — | $471,473▲5.7% | $686,153▲1.8% | $686,153▲1.8% | 990 |
| 2010 | — | $445,995 | $673,851 | $673,851 | 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 Twin City Area Heat & Frost Insulators Local 34 Apprenticeship a legitimate nonprofit?
- Yes. Twin City Area Heat & Frost Insulators Local 34 Apprenticeship is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 41-6054711, based in Bloomington, Minnesota.
- What is Twin City Area Heat & Frost Insulators Local 34 Apprenticeship's EIN?
- Twin City Area Heat & Frost Insulators Local 34 Apprenticeship's Employer Identification Number (EIN) is 41-6054711.
- How much revenue does Twin City Area Heat & Frost Insulators Local 34 Apprenticeship report?
- Twin City Area Heat & Frost Insulators Local 34 Apprenticeship reported $595,125 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Twin City Area Heat & Frost Insulators Local 34 Apprenticeship have?
- CharityIndex grades Twin City Area Heat & Frost Insulators Local 34 Apprenticeship C+, based on financial health (reserves and operating margin).
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Data for Twin City Area Heat & Frost Insulators Local 34 Apprenticeship (EIN 41-6054711) 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.