YMutual & Membership BenefitEIN: 300262584· Ruling Year: 2006

Blet Disability & Welfare Benefit Trust Fund

Independence, Ohio

B+Health Score
66B+

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)

This Org2.93×
Peer Median29.60×
💰
$6.4M
Total Revenue
📊
$6.1M
Total Expenses
🏦
$17.8M
Net Assets
📋
$506K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.1%
Year-over-year change (2022 → 2023)
Net Margin
+4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.93
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$6,366,0764%$6,056,3383%$18,262,61415%
2022$6,112,63412%$5,894,0215%$15,944,54211%
2021$6,979,58818%$5,639,6512%$17,891,71711%
2020$5,923,14715%$5,508,18914%$16,125,9048%
2019$6,989,9562%$6,397,0691%$14,975,84913%
2018$7,112,9931%$6,303,5321%$13,272,9572%
2017$7,050,8681%$6,392,1492%$13,577,19211%
2016$7,138,67012%$6,542,45011%$12,229,33312%
2015$8,109,24714%$7,322,3566%$10,935,8936%
2014$9,392,6712%$7,794,4101%$10,297,71714%
2013$9,213,454$7,901,624$9,007,62119%
2012$9,242,393$7,929,5144%$7,539,31523%
2011$9,281,8241%$8,250,4377%$6,122,90716%
2010$9,234,032$8,892,711$5,259,873

Frequently Asked Questions

What does Blet Disability & Welfare Benefit Trust Fund do?

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

Is Blet Disability & Welfare Benefit Trust Fund financially healthy?

Based on our 9-metric Financial Health Score model, Blet Disability & Welfare Benefit Trust Fund has a score of 66/100 (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 Blet Disability & Welfare Benefit Trust Fund generate?

Blet Disability & Welfare Benefit Trust Fund reports $7.3M in annual revenue and holds $20.4M in total assets, based on IRS filings.

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