Connecticut Pipe Trades Health Fund C/o Ct Pipe Trades Admin

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

11 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To provide health and other benefits for eligible members and their covered dependents of the union in accordance with the provisions of the plan.

Medical, dental & vision claims

Revenue model: Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 19.3%; rating input score 81; 81st percentile among comparable filings
Total-asset coverage ratio: 1.11; rating input score 40; 40th percentile among comparable filings
Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
Officer compensation ratio: Limited

Program expense growth: Limited
Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
Asset growth: -2.1% per year; rating input score 0; 6th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
Programs: 3 filed program accomplishments · $29.2M in reported program spending
Leadership: top reported pay $136K · 11 people listed
Highest-paid contractors: 5 contractors listed · $1.7M reported
Consistency: 10 of 10 current checks pass
Schedules: 3 filed schedules
Filing history: 16 filing years from 2009 to 2024
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
Related organizations: 3 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

High — Growth: Asset growth scored 0/100.
Review — Accountability: Governance controls: CEO compensation review process not reported.
Moderate — Sustainability: Total-asset coverage ratio scored 40/100.