ZUnclassifiedEIN: 386058383· Ruling Year: 1954

Michigan Carpenters Council Health & Welfare Fund

Lansing, Michigan

B-Health Score
52B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.43×
Peer Median5.86×
💰
$25.5M
Total Revenue
📊
$22.6M
Total Expenses
🏦
$9.7M
Net Assets
📋
$14.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.6%
Year-over-year change (2022 → 2023)
Net Margin
+11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
59.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$25,522,8081%$22,627,608$24,017,68016%
2022$25,381,5121%$22,517,44215%$20,716,1495%
2021$25,045,1792%$26,458,89325%$19,772,5804%
2020$25,554,3974%$21,195,88816%$18,927,74613%
2019$26,538,9704%$25,360,6683%$16,743,91611%
2018$25,491,1305%$24,672,04715%$15,135,9658%
2017$24,323,3976%$29,185,8539%$16,384,87915%
2016$25,765,96210%$26,808,66914%$19,302,43212%
2015$23,349,2725%$31,249,95338%$22,001,79426%
2014$22,185,6694%$22,692,27019%$29,650,94411%
2013$21,258,7205%$19,075,35714%$26,650,8951%
2012$22,316,4941%$22,200,99610%$26,990,5354%
2011$22,471,700$20,098,984$25,926,580

Frequently Asked Questions

What does Michigan Carpenters Council Health & Welfare Fund do?

Michigan Carpenters Council Health & Welfare Fund is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michigan Carpenters Council Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Michigan Carpenters Council Health & Welfare Fund has a score of 52/100 (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 Michigan Carpenters Council Health & Welfare Fund generate?

Michigan Carpenters Council Health & Welfare Fund reports $28.0M in annual revenue and holds $27.7M in total assets, based on IRS filings.

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