ZUnclassifiedEIN: 362525603

Local No 1 Health Fund

Bloomington, Minnesota

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.30×
Peer Median5.86×
💰
$83.9M
Total Revenue
📊
$81.5M
Total Expenses
🏦
$105.9M
Net Assets
📋
$870K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.4%
Year-over-year change (2022 → 2023)
Net Margin
+2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.30
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$83,937,3957%$81,511,647$106,734,1795%
2022$78,174,3207%$81,493,21112%$101,619,2677%
2021$84,440,08913%$72,733,9301%$109,170,38812%
2020$74,416,20613%$72,355,12410%$97,615,1246%
2019$65,669,2086%$65,948,2636%$92,113,0934%
2018$62,203,69327%$70,312,05138%$88,681,8159%
2017$49,151,56720%$51,009,21018%$96,969,0021%
2016$41,125,6924%$43,072,9667%$97,937,3612%
2015$42,874,1035%$40,308,1768%$99,463,3181%
2014$40,835,8372%$37,258,751$98,447,6017%
2013$40,101,947$37,299,3899%$92,239,7794%
2012$39,987,927$34,255,55110%$88,718,3419%
2011$40,067,557$31,232,216$81,553,723

Frequently Asked Questions

What does Local No 1 Health Fund do?

Local No 1 Health Fund is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local No 1 Health Fund financially healthy?

Based on our 9-metric Financial Health Score model, Local No 1 Health Fund has a score of 61/100 (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 Local No 1 Health Fund generate?

Local No 1 Health Fund reports $89.5M in annual revenue and holds $114.0M in total assets, based on IRS filings.

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