YMutual & Membership BenefitEIN: 522445383· Ruling Year: 2005

Sheet Metal Workers Local 88 Retiree Health Plan

Las Vegas, Nevada

CHealth Score
41C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-25.94×
Peer Median29.60×
💰
$9.1M
Total Revenue
📊
$1.1M
Total Expenses
🏦
-$28.1M
Net Assets
📋
$32.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+631.3%
Year-over-year change (2021 → 2022)
Net Margin
+88.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-25.94
Net assets divided by total expenses
Liabilities-to-Assets
729.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$9,113,844631%$1,084,06191%$4,468,4403%
2021$1,246,17810%$11,447,613151%$4,619,09138%
2020$1,385,4686%$4,558,35660%$3,342,68521%
2019$1,305,15070%$11,317,2361660%$2,755,25526%
2018$766,70154%$643,10360%$2,183,76314%
2017$499,1366%$401,1072%$1,919,0696%
2016$470,7221%$408,1921%$1,811,6654%
2015$467,7261%$410,792$1,748,7353%
2014$461,3804%$410,4144%$1,697,7794%
2013$442,05614%$395,95113%$1,626,0534%
2012$387,00411%$350,02324%$1,557,505
2011$347,955$460,235$1,563,980

Frequently Asked Questions

What does Sheet Metal Workers Local 88 Retiree Health Plan do?

Sheet Metal Workers Local 88 Retiree Health Plan is a mutual & membership benefit nonprofit organization based in Nevada. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers Local 88 Retiree Health Plan financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers Local 88 Retiree Health Plan has a score of 41/100 (Grade: C). 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 Sheet Metal Workers Local 88 Retiree Health Plan generate?

Sheet Metal Workers Local 88 Retiree Health Plan reports $3.6M in annual revenue and holds $6.9M in total assets, based on IRS filings.

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