ZUnclassifiedEIN: 061188411

New England Health Care Employees Welfare Fund

Hartford, Connecticut

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.66×
Peer Median5.86×
💰
$45.0M
Total Revenue
📊
$32.2M
Total Expenses
🏦
$53.4M
Net Assets
📋
$7.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.5%
Year-over-year change (2022 → 2023)
Net Margin
+28.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.66
Net assets divided by total expenses
Liabilities-to-Assets
11.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$45,018,8711%$32,154,92915%$60,594,77041%
2022$45,253,32910%$37,884,1236%$43,108,10716%
2021$50,229,3222%$40,149,72320%$37,070,6979%
2020$51,139,1984%$50,301,58012%$34,012,14122%
2019$53,476,6014%$57,003,3562%$27,797,68811%
2018$51,385,3855%$58,034,1746%$31,134,62620%
2017$54,038,7082%$61,730,5665%$38,868,62713%
2016$52,879,2742%$58,946,1427%$44,603,23713%
2015$52,064,7912%$54,870,9539%$51,210,9249%
2014$51,176,7249%$50,514,23812%$56,549,7675%
2013$47,142,24110%$45,001,3839%$53,766,3354%
2012$42,713,6267%$41,379,13614%$51,722,5528%
2011$39,839,220$36,406,395$48,014,756

Frequently Asked Questions

What does New England Health Care Employees Welfare Fund do?

New England Health Care Employees Welfare Fund 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 New England Health Care Employees Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, New England Health Care Employees Welfare Fund has a score of 61/100 (Grade: B). 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 New England Health Care Employees Welfare Fund generate?

New England Health Care Employees Welfare Fund reports $50.1M in annual revenue and holds $70.0M in total assets, based on IRS filings.

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