Y โ€” Mutual & Membership BenefitEIN: 204871642ยท Ruling Year: 2007

Northern Illinois Welfare Fund

Rockford, Illinois

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

๐Ÿ’ฐ
$1.8M
Total Revenue
๐Ÿ“Š
$1.4M
Total Expenses
๐Ÿฆ
$3.6M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+22.9%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,817,681โ†‘6%$1,401,045โ†‘12%$3,572,845โ†‘12%
2022$1,719,325โ†‘17%$1,249,863โ†‘11%$3,183,047โ†‘16%
2021$1,466,184โ†‘16%$1,130,849โ†‘19%$2,740,413โ†‘21%
2020$1,263,767โ†‘4%$952,015โ†“10%$2,260,466โ†‘12%
2019$1,210,045โ†‘4%$1,062,463โ†‘20%$2,022,044โ†‘7%
2018$1,161,326โ†“1%$884,938โ†“3%$1,891,326โ†‘16%
2017$1,176,131โ†‘5%$916,043โ†“6%$1,636,144โ†‘18%
2016$1,118,602โ†“20%$972,454โ†“31%$1,385,918โ†‘10%
2015$1,389,970โ†‘64%$1,407,001โ†‘35%$1,256,298โ†“4%
2014$847,485โ†‘3%$1,039,497โ†‘37%$1,312,607โ†“21%
2013$826,025โ†“7%$758,199โ†‘23%$1,661,853โ†‘5%
2012$885,601$615,983$1,579,461

Frequently Asked Questions

What does Northern Illinois Welfare Fund do?โ–ผ

Northern Illinois Welfare Fund is a mutual & membership benefit nonprofit organization based in Illinois. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northern Illinois Welfare Fund financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northern Illinois Welfare Fund.

How much revenue does Northern Illinois Welfare Fund generate?โ–ผ

Northern Illinois Welfare Fund reports $1.8M in annual revenue and holds $3.8M in total assets, based on IRS filings.

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Northern Illinois Welfare Fund โ€” Rockford, IL | GiveScope