International Association of Machnists District 15 Health Fund

Nonprofit profile at a glance

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

7 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

The organization shall provide health benefits for its eligible participants and their families as defined by the trustees.

To provide health benefits to approximately 1,280 active members and their dependents.

Revenue model: Earned-program. 86% 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: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 5.5%; rating input score 55; 55th percentile among comparable filings
Total-asset coverage ratio: 2.71; rating input score 72; 72nd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 2.3% per year; rating input score 100; 20th percentile among comparable filings
Asset growth: 7% per year; rating input score 100; 49th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 7 of 7 board members independent · 6 of 7 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $0 · 7 people listed
Highest-paid contractors: 1 contractor listed · $1.4M reported
Consistency: 11 of 11 current checks pass
Schedules: 3 filed schedules
Filing history: 10 filing years from 2014 to 2024
Contacts: How to reach this organization
Related organizations: Filed and resolved organization relationships.
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.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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

Review — Accountability: Governance controls: Document-retention policy not reported.
Review — Sustainability: Operating margin scored 55/100.