Michiana Area Electrical Workers Plan 4 Trust
EIN: 821241822 · Lansing, MI · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $1.0M |
| Net Assets | $7.8M |
Is Michiana Area Electrical Workers Plan 4 Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michiana Area Electrical Workers Plan 4 Trust
Michiana Area Electrical Workers Plan 4 Trust (EIN: 821241822) is a nonprofit organization based in Lansing, MI, classified under NTEE code Y43. The organization reported total revenue of $3.5M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michiana Area Electrical Workers Plan 4 Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michiana Area Electrical Workers Plan 4 Trust is a mid-size nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $7.8M |
| Total Liabilities | $37K |
| Net Assets | $7.8M |
| Operating Margin | 64.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 91.7 months |
Financial Health Grade: A
In 2023, Michiana Area Electrical Workers Plan 4 Trust reported a surplus of $1.9M with revenue exceeding expenses, holds 91.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Michiana Area Electrical Workers Plan 4 Trust's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | -10.0% | +29.3% |
| 2022 | +25.1% | -10.8% | +25.1% |
| 2021 | -10.6% | +8.6% | +48.4% |
| 2020 | +52.1% | +184.2% | +52.8% |
| 2019 | +86.2% | +1339.7% | +150.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michiana Area Electrical Workers Plan 4 Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Michiana Area Electrical Workers Plan 4 Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Michiana Area Electrical Workers Plan 4 Trust
Is Michiana Area Electrical Workers Plan 4 Trust a legitimate charity?
Michiana Area Electrical Workers Plan 4 Trust (EIN: 821241822) is a registered tax-exempt nonprofit based in Michigan. It has 6 years of IRS 990 filings on record. Total revenue: $3.5M. No red flags identified. Financial health grade: A.
How does Michiana Area Electrical Workers Plan 4 Trust spend its money?
Michiana Area Electrical Workers Plan 4 Trust reported $3.5M in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michiana Area Electrical Workers Plan 4 Trust tax-deductible?
Michiana Area Electrical Workers Plan 4 Trust is registered as a tax-exempt nonprofit (EIN: 821241822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michiana Area Electrical Workers Plan 4 Trust located?
Michiana Area Electrical Workers Plan 4 Trust is headquartered in Lansing, Michigan and files with the IRS under EIN 821241822. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Michiana Area Electrical Workers Plan 4 Trust have?
Michiana Area Electrical Workers Plan 4 Trust has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.5M in total revenue.
Filing History
IRS 990 filing history for Michiana Area Electrical Workers Plan 4 Trust showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Michiana Area Electrical Workers Plan 4 Trust's revenue has grown by 236.4%, moving from $863K to $2.9M. Total assets increased by 820.2% over the same period, from $848K to $7.8M. Total functional expenses rose by 3467.5%, from $29K to $1.0M. In its most recent filing year (2023), Michiana Area Electrical Workers Plan 4 Trust reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $37K in liabilities against $7.8M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $1.0M | $7.8M | $37K | — | View 990 |
| 2022 | $2.7M | $1.1M | $6.0M | $102K | — | View 990 |
| 2021 | $2.2M | $1.3M | $4.8M | $23K | — | — |
| 2020 | $2.4M | $1.2M | $3.3M | $22K | — | — |
| 2019 | $1.6M | $412K | $2.1M | $23K | — | View 990 |
| 2018 | $863K | $29K | $848K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $1.0M, and assets of $7.8M (revenue +6.2% year-over-year).
- 2022: Revenue of $2.7M, expenses of $1.1M, and assets of $6.0M (revenue +25.1% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.3M, and assets of $4.8M (revenue -10.6% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.2M, and assets of $3.3M (revenue +52.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $412K, and assets of $2.1M (revenue +86.2% year-over-year).
- 2018: Revenue of $863K, expenses of $29K, and assets of $848K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michiana Area Electrical Workers Plan 4 Trust:
Data Sources and Methodology
This transparency report for Michiana Area Electrical Workers Plan 4 Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.