ZUnclassifiedEIN: 386058384

Michigan Laborers Health and Welfare Fund

Lansing, Michigan

BHealth Score
55B

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 Org1.15×
Peer Median5.86×
💰
$72.3M
Total Revenue
📊
$75.7M
Total Expenses
🏦
$86.8M
Net Assets
📋
$34.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.1%
Year-over-year change (2022 → 2023)
Net Margin
-4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.15
Net assets divided by total expenses
Liabilities-to-Assets
28.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$72,302,6081%$75,698,96411%$120,844,959
2022$71,508,6782%$67,925,2538%$120,960,24512%
2021$70,381,1823%$73,919,9927%$136,718,5144%
2020$68,501,78713%$69,219,508$130,920,7197%
2019$78,867,7582%$69,200,366$122,572,51910%
2018$77,511,91110%$69,466,63711%$111,540,8498%
2017$70,412,16412%$62,719,7753%$103,270,62210%
2016$62,688,3112%$64,442,20015%$94,272,4135%
2015$61,220,7822%$55,829,9922%$90,075,913
2014$59,965,85914%$56,979,45819%$90,179,97915%
2013$52,396,8803%$47,682,9267%$78,571,7036%
2012$50,881,7025%$44,429,7223%$73,845,43715%
2011$48,518,738$43,222,414$64,323,720

Frequently Asked Questions

What does Michigan Laborers Health and Welfare Fund do?

Michigan Laborers Health and 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 Laborers Health and Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Michigan Laborers Health and Welfare Fund has a score of 55/100 (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 Laborers Health and Welfare Fund generate?

Michigan Laborers Health and Welfare Fund reports $86.4M in annual revenue and holds $137.5M in total assets, based on IRS filings.

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