ZUnclassifiedEIN: 411677804· Ruling Year: 1994

Neca-ibew Local 364 Welfare Trust

Lansing, Michigan

B+Health Score
73B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.91×
Peer Median5.86×
💰
$28.5M
Total Revenue
📊
$18.1M
Total Expenses
🏦
$34.5M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.1%
Year-over-year change (2022 → 2023)
Net Margin
+36.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.91
Net assets divided by total expenses
Liabilities-to-Assets
10.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$28,517,09416%$18,088,5091%$38,654,95848%
2022$24,556,87433%$18,323,15513%$26,057,38117%
2021$18,428,05345%$16,158,6432%$22,232,26031%
2020$12,742,04110%$15,852,0457%$17,004,67318%
2019$14,166,46214%$14,868,840$20,804,6944%
2018$16,380,79512%$14,821,45212%$21,596,4323%
2017$14,661,33133%$13,244,1477%$20,986,60316%
2016$11,029,4599%$14,203,3753%$18,029,87514%
2015$12,103,5168%$13,782,42015%$20,844,53613%
2014$11,193,0483%$11,961,4919%$23,900,3121%
2013$10,856,53815%$10,957,6885%$24,140,0573%
2012$12,733,0374%$11,482,23615%$23,522,0256%
2011$13,242,415$9,941,861$22,117,368

Frequently Asked Questions

What does Neca-ibew Local 364 Welfare Trust do?

Neca-ibew Local 364 Welfare Trust 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 Neca-ibew Local 364 Welfare Trust financially healthy?

Based on our 9-metric Financial Health Score model, Neca-ibew Local 364 Welfare Trust has a score of 73/100 (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 Neca-ibew Local 364 Welfare Trust generate?

Neca-ibew Local 364 Welfare Trust reports $30.0M in annual revenue and holds $50.6M in total assets, based on IRS filings.

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Neca-ibew Local 364 Welfare Trust — Lansing, MI | GiveScope