Y — Mutual & Membership BenefitEIN: 261227271· Ruling Year: 2009

Ibew Local 7 Supplemental Health & Welfare Fund

Springfield, Massachusetts

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

💰
$873K
Total Revenue
📊
$607K
Total Expenses
🏦
$5.2M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.6%
Year-over-year change (2022 → 2023)
Net Margin
+30.4%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$873,150↑3%$607,490↓2%$5,158,546↑5%
2022$850,633↑10%$622,478↑4%$4,892,886↑5%
2021$774,513↓10%$598,295↓10%$4,664,731↑4%
2020$858,277↑22%$663,869↑32%$4,488,513↑5%
2019$703,666↓42%$502,826↑46%$4,294,105↑5%
2018$1,213,470↑81%$345,331↑20%$4,093,265↑27%
2017$669,146↑35%$287,629↓21%$3,225,126↑13%
2016$496,140↓28%$364,594↑2%$2,843,609↑5%
2015$689,275↓10%$357,042↑2%$2,712,063↑14%
2014$769,461↓11%$348,849↑10%$2,379,830↑21%
2013$860,190↑15%$315,933↑11%$1,959,218↑38%
2012$745,299↑36%$284,586↑55%$1,414,961↑48%
2011$548,329$183,099$954,248

Frequently Asked Questions

What does Ibew Local 7 Supplemental Health & Welfare Fund do?▼

Ibew Local 7 Supplemental Health & Welfare Fund is a mutual & membership benefit nonprofit organization based in Massachusetts. It is classified under NTEE code Y20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ibew Local 7 Supplemental Health & Welfare Fund financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Ibew Local 7 Supplemental Health & Welfare Fund.

How much revenue does Ibew Local 7 Supplemental Health & Welfare Fund generate?▼

Ibew Local 7 Supplemental Health & Welfare Fund reports $1.1M in annual revenue and holds $5.8M in total assets, based on IRS filings.

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