U A Local 85 Insurance Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
U A Local 85 Insurance Fund is a 501(c)(9) organization based in Troy, Michigan, registered in 1959, with $17,247,893 in FY2023 revenue. CharityIndex grades it B.
700 Tower Dr Ste 300, Troy, MI, 48098 EIN 38-1525304 Since 1959
Revenue (FY2023)
$17.2M
▲ 31.6% vs prior year
Expenses (FY2023)
$13.5M
Net assets
$23.5M
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 U A Local 85 Insurance 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 rating21 mo reserves · +22% 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 U A Local 85 Insurance Fund: 21 mo reserves · +22% 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 U A Local 85 Insurance 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 U A Local 85 Insurance Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $10.9M (FY2013) to $17.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $7.3MNet assets $23.5M
Operating margin
21.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$30.8M
Total liabilities
$7.3M
Net assets
$23.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $17,247,893▲31.6% | $13,462,253▲17.3% | $23,472,443▲7.7% | $30,809,905▲10.2% | 990 |
| 2022 | $13,105,258▼0.3% | $11,481,079▼4.7% | $21,788,971▼2.2% | $27,959,352▼0.2% | 990 |
| 2021 | $13,142,952▲9.3% | $12,052,398▲16.2% | $22,268,172▲9.5% | $28,025,971▲11.3% | 990 |
| 2020 | $12,027,960▼7.2% | $10,375,788▼8.4% | $20,327,059▲14.8% | $25,191,451▲13.4% | 990 |
| 2019 | $12,963,798▲6.4% | $11,330,209▼7.2% | $17,703,701▲21.1% | $22,213,144▲12.3% | 990 |
| 2018 | $12,189,307▲2.1% | $12,208,743▲5.8% | $14,613,650▲2.0% | $19,781,936▼1.5% | 990 |
| 2017 | $11,934,139▲2.3% | $11,534,082▲26.7% | $14,322,823▲7.8% | $20,079,637▲12.4% | 990 |
| 2016 | $11,668,604▲4.0% | $9,105,600▼16.5% | $13,290,855▲25.4% | $17,861,028▲8.1% | 990 |
| 2015 | $11,222,320▼1.7% | $10,904,919▲5.4% | $10,597,282▲1.2% | $16,515,793▲2.5% | 990 |
| 2014 | $11,413,152▲4.5% | $10,347,503▼37.9% | $10,472,645▲13.4% | $16,110,951▲9.6% | 990 |
| 2013 | $10,920,292 | $16,663,939▲50.8% | $9,235,668▼37.0% | $14,693,644▼0.3% | 990 |
| 2012 | — | $11,049,502▲10.8% | $14,655,091▼5.3% | $14,735,771▼5.9% | 990 |
| 2011 | — | $9,972,762▼1.2% | $15,478,462▲3.6% | $15,661,529▲2.5% | 990 |
| 2010 | — | $10,090,304 | $14,944,432 | $15,272,624 | 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 U A Local 85 Insurance Fund a legitimate nonprofit?
- Yes. U A Local 85 Insurance Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 38-1525304, based in Troy, Michigan.
- What is U A Local 85 Insurance Fund's EIN?
- U A Local 85 Insurance Fund's Employer Identification Number (EIN) is 38-1525304.
- How much revenue does U A Local 85 Insurance Fund report?
- U A Local 85 Insurance Fund reported $17,247,893 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does U A Local 85 Insurance Fund have?
- CharityIndex grades U A Local 85 Insurance Fund B, based on financial health (reserves and operating margin).
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Data for U A Local 85 Insurance Fund (EIN 38-1525304) 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.