Is Dental Benefits Plan Of The Elevator Industry Legit?

Quick charity verification for Dental Benefits Plan Of The Elevator Industry (EIN: 115219005)

Verdict: Dental Benefits Plan Of The Elevator Industry shows mixed signals

65/100Mission Score
$3.1MRevenue
$3.3MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Dental Benefits Plan Of The Elevator Industry demonstrates a fluctuating financial performance over the past decade. While the organization reported a positive net income in its latest filing (202309) with revenues of $2,860,489 exceeding expenses of $2,854,547, it experienced significant deficits in prior years, notably in 202209 where expenses ($2,710,100) substantially outpaced revenues ($1,895,528). The organization's assets have also seen a considerable decline from a peak of $6,006,745 in 201709 to $2,752,111 in 202309, indicating a reduction in its financial reserves. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for transparency regarding executive pay.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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