Sheet Metal Workers Health Plan
Goodlettsvlle, Tennessee
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,163,639↑2% | $3,672,837↑6% | $21,230,819↑14% | — |
| 2022 | $5,048,486↓14% | $3,459,525↓23% | $18,650,193↓6% | — |
| 2021 | $5,895,205↑10% | $4,481,152↑65% | $19,896,575↑7% | — |
| 2020 | $5,363,459↑13% | $2,710,596↓35% | $18,517,924↑21% | — |
| 2019 | $4,735,068↓5% | $4,198,171↑4% | $15,264,990↑14% | — |
| 2018 | $5,002,874↓2% | $4,024,389↓5% | $13,415,658↑3% | — |
| 2017 | $5,115,241↑3% | $4,230,110↓5% | $13,005,504↑12% | — |
| 2016 | $4,987,761↓1% | $4,470,282↓8% | $11,617,699↑8% | — |
| 2015 | $5,033,590↑2% | $4,869,147↑1% | $10,760,421↓4% | — |
| 2014 | $4,947,356↓34% | $4,809,120↓20% | $11,170,104↑3% | — |
| 2013 | $7,460,816↓1% | $6,009,618↓8% | $10,851,194↑20% | — |
| 2012 | $7,561,199↑1% | $6,516,038↑6% | $9,027,736↑17% | — |
| 2011 | $7,502,891↑2% | $6,136,371↓3% | $7,742,105↑20% | — |
| 2010 | $7,367,517 | $6,315,488 | $6,467,110 | — |
Frequently Asked Questions
What does Sheet Metal Workers Health Plan do?▼
Sheet Metal Workers Health Plan is a mutual & membership benefit nonprofit organization based in Tennessee. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sheet Metal Workers Health Plan financially healthy?▼
Based on our 9-metric Financial Health Score model, Sheet Metal Workers Health Plan has a score of 65/100 (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 Sheet Metal Workers Health Plan generate?▼
Sheet Metal Workers Health Plan reports $5.7M in annual revenue and holds $23.5M in total assets, based on IRS filings.
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