ZUnclassifiedEIN: 042088633· Ruling Year: 1951

Sheet Metal Workers Union Local No 17 Insurance Fund

Dorchester, Massachusetts

A-Health Score
81A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.30×
Peer Median5.86×
💰
$55.3M
Total Revenue
📊
$42.1M
Total Expenses
🏦
$97.0M
Net Assets
📋
$5.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.7%
Year-over-year change (2022 → 2023)
Net Margin
+23.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.30
Net assets divided by total expenses
Liabilities-to-Assets
5.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$55,343,02811%$42,108,847$102,772,79016%
2022$50,015,3546%$42,269,5889%$88,739,2862%
2021$47,289,16224%$38,768,81510%$86,646,77522%
2020$38,175,94714%$35,372,24113%$71,089,0538%
2019$44,513,96511%$40,533,07215%$65,814,27814%
2018$40,001,48719%$35,186,73513%$57,722,3597%
2017$33,566,31513%$31,070,1145%$54,154,3945%
2016$29,789,1358%$32,698,97113%$51,501,6534%
2015$32,291,37516%$29,046,2872%$53,774,0412%
2014$27,791,1042%$28,401,33311%$54,892,6111%
2013$27,314,89015%$25,580,7545%$54,590,7139%
2012$23,835,6034%$24,386,8539%$49,915,6605%
2011$22,879,439$22,469,710$47,438,670

Frequently Asked Questions

What does Sheet Metal Workers Union Local No 17 Insurance Fund do?

Sheet Metal Workers Union Local No 17 Insurance Fund is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers Union Local No 17 Insurance Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers Union Local No 17 Insurance Fund has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Sheet Metal Workers Union Local No 17 Insurance Fund generate?

Sheet Metal Workers Union Local No 17 Insurance Fund reports $54.7M in annual revenue and holds $117.7M in total assets, based on IRS filings.

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Sheet Metal Workers Union Local No 17 Insurance Fund — Dorchester, MA | GiveScope