ZUnclassifiedEIN: 561387384· Ruling Year: 1988

Hedrick Employee Group Benefit Plan Trust

Salisbury, North Carolina

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 22 peers in Unclassified with $1M-$10M revenue

💰
$7.7M
Total Revenue
📊
$6.8M
Total Expenses
🏦
$3.9M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.2%
Year-over-year change (2022 → 2023)
Net Margin
+12.1%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,730,9926%$6,799,0842%$3,889,70031%
2022$7,283,01212%$6,947,59315%$2,962,85513%
2021$8,303,3485%$8,192,56513%$2,627,0653%
2020$7,894,8986%$7,273,74517%$2,714,97140%
2019$8,423,21713%$8,735,84125%$1,933,67513%
2018$7,440,3038%$6,997,4588%$2,217,6918%
2017$8,105,03810%$6,465,5477%$2,051,242409%
2016$7,376,98813%$6,920,3644%$403,047273%
2015$6,552,1679%$6,651,02422%$108,13844%
2014$5,992,38120%$5,457,208$75,26439%
2013$5,002,0385%$5,484,5269%$123,4591%
2012$4,757,8794%$5,038,0393%$121,72462%
2011$4,561,074$5,188,897$318,468

Frequently Asked Questions

What does Hedrick Employee Group Benefit Plan Trust do?

Hedrick Employee Group Benefit Plan Trust is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hedrick Employee Group Benefit Plan Trust financially healthy?

Based on our 9-metric Financial Health Score model, Hedrick Employee Group Benefit Plan Trust 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 Hedrick Employee Group Benefit Plan Trust generate?

Hedrick Employee Group Benefit Plan Trust reports $7.9M in annual revenue and holds $4.1M in total assets, based on IRS filings.

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