ZUnclassifiedEIN: 610655187· Ruling Year: 1963

Plumbers And Pipefitters Local Union 502 Fourth Restated Hospital

Troy, Michigan

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.53×
Peer Median5.86×
💰
$37.9M
Total Revenue
📊
$34.9M
Total Expenses
🏦
$53.6M
Net Assets
📋
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.8%
Year-over-year change (2022 → 2023)
Net Margin
+7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.53
Net assets divided by total expenses
Liabilities-to-Assets
4.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$37,891,28415%$34,925,38120%$56,001,80213%
2022$33,011,71611%$29,020,0832%$49,422,3961%
2021$29,821,9398%$29,729,15614%$48,865,51414%
2020$27,644,3464%$26,066,4152%$43,003,9769%
2019$26,643,778$25,431,9059%$39,294,27810%
2018$26,553,8456%$23,313,5852%$35,626,29511%
2017$25,071,8802%$22,956,4278%$32,089,9897%
2016$25,653,5332%$21,227,4621%$30,050,99016%
2015$25,038,85117%$21,042,5497%$25,867,83620%
2014$21,342,2437%$22,679,6968%$21,525,4692%
2013$19,928,8321%$21,096,3218%$21,985,1968%
2012$20,043,8146%$19,565,9249%$23,782,4373%
2011$18,848,595$17,967,205$23,002,324

Frequently Asked Questions

What does Plumbers And Pipefitters Local Union 502 Fourth Restated Hospital do?

Plumbers And Pipefitters Local Union 502 Fourth Restated Hospital 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 Plumbers And Pipefitters Local Union 502 Fourth Restated Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers And Pipefitters Local Union 502 Fourth Restated Hospital has a score of 76/100 (Grade: A-). 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 And Pipefitters Local Union 502 Fourth Restated Hospital generate?

Plumbers And Pipefitters Local Union 502 Fourth Restated Hospital reports $47.0M in annual revenue and holds $70.0M in total assets, based on IRS filings.

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