NECA IBEW FAMILY MEDICAL CARE TR FUND
ROCKVILLE, MD 20850 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $850,166,160 | $765,063,658 | $1,227,854,367 |
| FY2024 | $771,043,853 | $704,476,157 | $1,046,742,513 |
| FY2023 | $712,920,157 | $625,863,582 | $935,262,817 |
| FY2022 | $648,727,699 | $537,999,350 | $794,026,941 |
| FY2021 | $708,443,859 | $506,706,629 | $775,099,192 |
| FY2020 | $571,469,235 | $490,797,666 | $609,689,777 |
| FY2019 | $556,115,365 | $490,219,606 | $495,089,524 |
| FY2018 | $545,536,746 | $485,495,009 | $389,692,713 |
| FY2017 | $504,833,470 | $444,737,305 | $339,684,177 |
| FY2016 | $437,808,409 | $417,866,047 | $261,002,546 |
| FY2015 | $383,101,344 | $347,499,267 | $225,721,076 |
| FY2014 | $286,030,784 | $267,422,174 | $184,288,416 |
| FY2013 | $180,573,031 | $163,208,469 | $159,669,372 |
| FY2012 | $165,616,146 | $144,428,419 | $124,915,404 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $826,492,056 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Net assets covered about 19.3 months of expenses at the end of the reporting year. That puts it in the 34th percentile among 70 Mutual & Membership Benefit organizations in MD.
- Total revenue was higher than 101.4% of 70 Mutual & Membership Benefit organizations in MD.
- Total revenue rose from $165,616,146 in FY2012 to $850,166,160 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $124,915,404 to $1,227,854,367 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
HEALTH AND WELFARE FUND
IRS status
| Ruling year | 2006 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | Y43 — Mutual & Membership Benefit |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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