YMutual & Membership BenefitEIN: 821241822· Ruling Year: 2019

Michiana Area Electrical Workers Plan 4 Trust

Lansing, 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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.61×
Peer Median29.60×
💰
$2.9M
Total Revenue
📊
$1.0M
Total Expenses
🏦
$7.8M
Net Assets
📋
$37K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.2%
Year-over-year change (2022 → 2023)
Net Margin
+64.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.61
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$2,904,5366%$1,021,28210%$7,806,94729%
2022$2,734,92125%$1,134,79211%$6,039,61325%
2021$2,185,35511%$1,272,1019%$4,827,21448%
2020$2,445,12552%$1,171,134184%$3,251,90153%
2019$1,607,82786%$412,1371340%$2,127,910151%
2018$863,296$28,627$848,363

Frequently Asked Questions

What does Michiana Area Electrical Workers Plan 4 Trust do?

Michiana Area Electrical Workers Plan 4 Trust is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michiana Area Electrical Workers Plan 4 Trust financially healthy?

Based on our 9-metric Financial Health Score model, Michiana Area Electrical Workers Plan 4 Trust 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 Michiana Area Electrical Workers Plan 4 Trust generate?

Michiana Area Electrical Workers Plan 4 Trust reports $3.2M in annual revenue and holds $10.3M in total assets, based on IRS filings.

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