Is Construction & General Laborers 190 Welfare Fund Legit?
Quick charity verification for Construction & General Laborers 190 Welfare Fund (EIN: 141424790)
Verdict: Construction & General Laborers 190 Welfare Fund appears trustworthy
85/100Mission Score
$14.7MRevenue
$17.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent operating deficits in the last two reported periods (2022 and 2023)
Significant decrease in assets from $22.7 million in 2021 to $17.3 million in 2023
Strengths
Strong historical asset growth, more than doubling from 2014 to 2023
Consistent filing of IRS Form 990s over 13 periods, indicating good transparency
Reported 0% officer compensation across all filings, suggesting efficient use of funds for its mission
Long-standing presence and consistent revenue generation over a decade
Spending Breakdown
How Construction & General Laborers 190 Welfare Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Construction & General Laborers 190 Welfare Fund
Is Construction & General Laborers 190 Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Construction & General Laborers 190 Welfare Fund (EIN: 141424790) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Construction & General Laborers 190 Welfare Fund a good charity to donate to?
Construction & General Laborers 190 Welfare Fund has a Mission Score of 85/100. Revenue: $14.7M. Assets: $17.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Construction & General Laborers 190 Welfare Fund?
The Employer Identification Number (EIN) for Construction & General Laborers 190 Welfare Fund is 141424790. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Construction & General Laborers 190 Welfare Fund spend its money?
Construction & General Laborers 190 Welfare Fund allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Construction & General Laborers 190 Welfare Fund's tax-exempt status?
You can verify Construction & General Laborers 190 Welfare Fund's tax-exempt status using EIN 141424790 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Construction & General Laborers 190 Welfare Fund appears to be a well-established organization with a consistent financial history, primarily focused on providing welfare benefits. Over the past decade, its revenue has generally increased, from $4.9 million in 2014 to $6.2 million in 2023, with a peak of $6.6 million in 2022. The organization's assets have also shown significant growth, more than doubling from $8.7 million in 2014 to $17.3 million in 2023, indicating a strong financial foundation. However, recent filings show expenses exceeding revenue, such as in 2023 where expenses were $7.6 million against $6.2 million in revenue, and in 2022 where expenses were $9.4 million against $6.6 million in revenue. This trend of operating deficits in the last two reported periods warrants closer examination to understand if it's a planned draw on reserves or a developing financial challenge.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, as a welfare fund, it is expected that the vast majority of expenses would be directly related to benefits paid to members (programs). The consistent reporting of 0% officer compensation across all filings suggests a high degree of financial prudence regarding executive pay, or that compensation is handled through a separate entity or mechanism not captured in this specific line item. The organization's asset growth, despite recent operating deficits, suggests a robust investment strategy or prior accumulation of reserves.
Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The absence of officer compensation reported directly on these forms is a positive indicator for public trust, assuming that all relevant compensation is indeed zero or handled in a transparent manner elsewhere. The consistent financial reporting allows for a clear historical view of the organization's financial activities, which is a strong point for transparency.