ZUnclassifiedEIN: 060691728

Teamsters Local 671 Health Services & Insurance Plan

Bloomfield, Connecticut

A-Health Score
75A-

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 Org2.71×
Peer Median5.86×
💰
$34.1M
Total Revenue
📊
$25.8M
Total Expenses
🏦
$69.7M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.8%
Year-over-year change (2022 → 2023)
Net Margin
+24.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.71
Net assets divided by total expenses
Liabilities-to-Assets
3.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,087,4841%$25,750,48722%$72,346,03310%
2022$34,350,3742%$33,150,81316%$65,542,7506%
2021$33,659,07512%$28,663,5634%$69,416,60520%
2020$29,945,0411%$29,708,5123%$57,629,5001%
2019$29,618,2297%$28,766,7059%$56,778,9854%
2018$31,830,24011%$26,303,5139%$54,692,0477%
2017$28,589,8095%$28,950,09910%$50,889,1363%
2016$30,086,82618%$26,297,0884%$49,379,1031%
2015$25,577,2909%$25,389,9503%$48,868,5561%
2014$23,532,5895%$24,545,43415%$48,341,7604%
2013$22,394,9105%$21,274,1803%$46,333,0534%
2012$21,340,4511%$21,827,5856%$44,496,7782%
2011$21,622,781$20,502,099$45,330,624

Frequently Asked Questions

What does Teamsters Local 671 Health Services & Insurance Plan do?

Teamsters Local 671 Health Services & Insurance Plan is a unclassified nonprofit organization based in Connecticut. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Teamsters Local 671 Health Services & Insurance Plan financially healthy?

Based on our 9-metric Financial Health Score model, Teamsters Local 671 Health Services & Insurance Plan has a score of 75/100 (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 Teamsters Local 671 Health Services & Insurance Plan generate?

Teamsters Local 671 Health Services & Insurance Plan reports $37.9M in annual revenue and holds $84.5M in total assets, based on IRS filings.

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