ZUnclassifiedEIN: 566085074· Ruling Year: 1966

Plumbers & Pipefitters Local 421 Health & Welfare Fund

Pembroke Pnes, Florida

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 Org0.86×
Peer Median5.86×
💰
$13.6M
Total Revenue
📊
$14.1M
Total Expenses
🏦
$12.2M
Net Assets
📋
$5.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.8%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.86
Net assets divided by total expenses
Liabilities-to-Assets
30.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,623,13023%$14,102,8544%$17,514,1102%
2022$11,092,66913%$13,521,38015%$17,123,18620%
2021$12,681,00010%$11,774,1145%$21,305,6561%
2020$11,501,69211%$12,380,1355%$21,027,7992%
2019$12,918,9588%$11,816,02212%$21,355,96413%
2018$11,970,37310%$10,504,07416%$18,842,1842%
2017$13,360,4387%$12,551,69115%$18,553,16912%
2016$12,502,0688%$10,893,0545%$16,584,93012%
2015$11,564,9092%$11,512,7731%$14,753,5492%
2014$11,769,92611%$11,593,62318%$15,066,8512%
2013$10,587,71120%$9,854,2295%$14,773,11417%
2012$8,808,145$9,375,2369%$12,650,2482%
2011$8,842,674$8,604,018$12,850,759

Frequently Asked Questions

What does Plumbers & Pipefitters Local 421 Health & Welfare Fund do?

Plumbers & Pipefitters Local 421 Health & Welfare Fund is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers & Pipefitters Local 421 Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers & Pipefitters Local 421 Health & 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 Plumbers & Pipefitters Local 421 Health & Welfare Fund generate?

Plumbers & Pipefitters Local 421 Health & Welfare Fund reports $21.1M in annual revenue and holds $25.2M in total assets, based on IRS filings.

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