Y โ€” Mutual & Membership BenefitEIN: 261227271ยท 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

๐Ÿ’ฐ
$873K
Total Revenue
๐Ÿ“Š
$607K
Total Expenses
๐Ÿฆ
$5.2M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

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

Filing History

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

Frequently Asked Questions

What does Ibew Local 7 Supplemental Health & Welfare Fund do?โ–ผ

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?โ–ผ

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?โ–ผ

Ibew Local 7 Supplemental Health & Welfare Fund reports $1.0M in annual revenue and holds $5.4M in total assets, based on IRS filings.

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Ibew Local 7 Supplemental Health & Welfare Fund โ€” Springfield, MA | GiveScope