Civic Intelligence

Ibew Local 98 Health & Welfare Plan

EIN 23-2082042 • 501(c)9 • Philadelphia, PA

Profile

To provides hospitalization, surgical, medical, dental, vision, prescription drug, death, accidental death and dismemberment, and weekly disability benefits to eligible members (and dependents) of international brotherhood of electrical workers local union no. 98.

1719 Spring Garden StreetPhiladelphia, PA 19130-3915

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$708,309

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Asset Growth

56th percentile

8.2%

Faster asset growth than 56% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

0.1%

Faster revenue growth than 27% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$214,153,930

Up $16,204,375 (+8.2%) from 2023

Liabilities

Up

$1,823,876

Up $305,318 (+20%) from 2023

Net Assets

Up

$212,330,054

Up $15,899,057 (+8.1%) from 2023

Revenue

Up

$97,468,463

Up $107,148 (+0.1%) from 2023

Expenses

Up

$85,213,078

Up $7,350,219 (+9.4%) from 2023

Net Income

Down

$12,255,385

Down $7,243,071 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $30,651,486Liabilities 2010: $213,197Net Assets 2010: $30,438,2892010Assets 2011: $23,078,907Liabilities 2011: $141,004Net Assets 2011: $22,937,9032011Assets 2012: $20,476,901Liabilities 2012: $203,550Net Assets 2012: $20,273,3512012Assets 2013: $25,391,481Liabilities 2013: $160,223Net Assets 2013: $25,231,2582013Assets 2014: $33,193,140Liabilities 2014: $226,816Net Assets 2014: $32,966,3242014Assets 2015: $47,952,899Liabilities 2015: $245,855Net Assets 2015: $47,707,0442015Assets 2016: $71,026,645Liabilities 2016: $1,884,441Net Assets 2016: $69,142,2042016Assets 2017: $93,503,015Liabilities 2017: $2,179,282Net Assets 2017: $91,323,7332017Assets 2018: $115,957,542Liabilities 2018: $2,348,736Net Assets 2018: $113,608,8062018Assets 2019: $142,823,740Liabilities 2019: $1,972,021Net Assets 2019: $140,851,7192019Assets 2020: $161,705,083Liabilities 2020: $2,726,093Net Assets 2020: $158,978,9902020Assets 2021: $181,781,221Liabilities 2021: $1,946,851Net Assets 2021: $179,834,3702021Assets 2022: $175,549,774Liabilities 2022: $1,625,511Net Assets 2022: $173,924,2632022Assets 2023: $197,949,555Liabilities 2023: $1,518,558Net Assets 2023: $196,430,9972023Assets 2024: $214,153,930Liabilities 2024: $1,823,876Net Assets 2024: $212,330,0542024

Highlighted filing

2024

Assets$214,153,930
Liabilities$1,823,876
Net Assets$212,330,054

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0Expenses 2010: $45,274,1472010Expenses 2011: $46,904,9232011Expenses 2012: $48,948,1842012Expenses 2013: $45,163,7702013Revenue 2014: $53,531,476Expenses 2014: $46,944,319Net Income 2014: $6,587,1572014Revenue 2015: $59,532,258Expenses 2015: $44,813,457Net Income 2015: $14,718,8012015Revenue 2016: $70,697,401Expenses 2016: $64,869,667Net Income 2016: $5,827,7342016Revenue 2017: $87,099,034Expenses 2017: $66,463,549Net Income 2017: $20,635,4852017Revenue 2018: $91,554,261Expenses 2018: $75,625,859Net Income 2018: $15,928,4022018Revenue 2019: $96,978,460Expenses 2019: $77,665,167Net Income 2019: $19,313,2932019Revenue 2020: $89,768,366Expenses 2020: $76,355,226Net Income 2020: $13,413,1402020Revenue 2021: $92,572,978Expenses 2021: $79,203,788Net Income 2021: $13,369,1902021Revenue 2022: $89,861,638Expenses 2022: $78,430,420Net Income 2022: $11,431,2182022Revenue 2023: $97,361,315Expenses 2023: $77,862,859Net Income 2023: $19,498,4562023Revenue 2024: $97,468,463Expenses 2024: $85,213,078Net Income 2024: $12,255,3852024

Highlighted filing

2024

Revenue$97,468,463
Expenses$85,213,078
Net Income$12,255,385

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$214$1.82$212$97.5$85.2$12.3
2023Detailed filing. Detailed filing data is available for this year.$198$1.52$196$97.4$77.9$19.5
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$176$1.63$174$89.9$78.4$11.4
2021Detailed filing. Detailed filing data is available for this year.$182$1.95$180$92.6$79.2$13.4
2020Detailed filing. Detailed filing data is available for this year.$162$2.73$159$89.8$76.4$13.4
2019Detailed filing. Detailed filing data is available for this year.$143$1.97$141$97.0$77.7$19.3
2018Detailed filing. Detailed filing data is available for this year.$116$2.35$114$91.6$75.6$15.9
2017Detailed filing. Detailed filing data is available for this year.$93.5$2.18$91.3$87.1$66.5$20.6
2016Detailed filing. Detailed filing data is available for this year.$71.0$1.88$69.1$70.7$64.9$5.83
2015Detailed filing. Detailed filing data is available for this year.$48.0$0.25$47.7$59.5$44.8$14.7
2014Detailed filing. Detailed filing data is available for this year.$33.2$0.23$33.0$53.5$46.9$6.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.4$0.16$25.2$45.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$0.20$20.3$48.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$0.14$22.9$46.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.7$0.21$30.4$45.3