YMutual & Membership BenefitEIN: 221516999· Ruling Year: 1953

Steamfitters Welfare Fund Local Union No 475

Warren, New Jersey

A-Health Score
77A-

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 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.25×
Peer Median10.70×
💰
$19.6M
Total Revenue
📊
$14.9M
Total Expenses
🏦
$48.5M
Net Assets
📋
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.7%
Year-over-year change (2022 → 2023)
Net Margin
+23.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.25
Net assets divided by total expenses
Liabilities-to-Assets
2.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,590,25722%$14,917,3708%$49,531,17613%
2022$16,101,07214%$13,840,3889%$43,830,337
2021$18,717,6424%$12,671,670$43,752,37616%
2020$18,045,052$12,615,72911%$37,744,63817%
2019$18,049,2599%$14,250,9588%$32,221,28318%
2018$16,523,41510%$13,239,73311%$27,342,76911%
2017$18,263,08426%$11,938,1456%$24,566,95735%
2016$14,516,1577%$11,311,7571%$18,201,69117%
2015$13,604,30012%$11,183,54521%$15,532,6357%
2014$15,512,20523%$14,141,1565%$14,570,31012%
2013$12,610,8663%$13,517,3744%$13,032,0762%
2012$12,294,70720%$12,948,1363%$13,315,6392%
2011$10,262,161$12,512,379$13,653,287

Frequently Asked Questions

What does Steamfitters Welfare Fund Local Union No 475 do?

Steamfitters Welfare Fund Local Union No 475 is a mutual & membership benefit nonprofit organization based in New Jersey. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Steamfitters Welfare Fund Local Union No 475 financially healthy?

Based on our 9-metric Financial Health Score model, Steamfitters Welfare Fund Local Union No 475 has a score of 77/100 (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 Steamfitters Welfare Fund Local Union No 475 generate?

Steamfitters Welfare Fund Local Union No 475 reports $17.9M in annual revenue and holds $53.3M in total assets, based on IRS filings.

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Steamfitters Welfare Fund Local Union No 475 — Warren, NJ | GiveScope