Is Elevator Constructors Local 9 Building Corporation Incorporated Legit?
Quick charity verification for Elevator Constructors Local 9 Building Corporation Incorporated (EIN: 201307053)
Verdict: Elevator Constructors Local 9 Building Corporation Incorporated appears trustworthy
95/100Mission Score
$180KRevenue
$1.0MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program descriptions in summary data
Unusually low expense ratio relative to revenue, potentially indicating significant cash reserves not actively deployed
Strengths
Consistent revenue exceeding expenses
Zero reported liabilities in recent years (2022, 2023)
Steady growth in assets, reaching over $1 million
0% officer compensation reported across all filings
Strong financial stability and solvency
Spending Breakdown
How Elevator Constructors Local 9 Building Corporation Incorporated allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Elevator Constructors Local 9 Building Corporation Incorporated
Is Elevator Constructors Local 9 Building Corporation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Elevator Constructors Local 9 Building Corporation Incorporated (EIN: 201307053) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Elevator Constructors Local 9 Building Corporation Incorporated a good charity to donate to?
Elevator Constructors Local 9 Building Corporation Incorporated has a Mission Score of 95/100. Revenue: $180K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elevator Constructors Local 9 Building Corporation Incorporated?
The Employer Identification Number (EIN) for Elevator Constructors Local 9 Building Corporation Incorporated is 201307053. 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 Elevator Constructors Local 9 Building Corporation Incorporated spend its money?
Elevator Constructors Local 9 Building Corporation Incorporated allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elevator Constructors Local 9 Building Corporation Incorporated's tax-exempt status?
You can verify Elevator Constructors Local 9 Building Corporation Incorporated's tax-exempt status using EIN 201307053 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
Elevator Constructors Local 9 Building Corporation Incorporated demonstrates consistent financial stability and a strong program focus. Over the past several years, the organization has consistently generated more revenue than expenses, leading to a steady increase in assets, reaching $1,033,089 in the latest period. For instance, in 2023, revenue was $168,362 against expenses of $120,793, resulting in a surplus. The organization also reports zero liabilities in its most recent filings (2022 and 2023), indicating excellent financial health and minimal debt burden. This consistent surplus generation and asset growth, coupled with no reported officer compensation, suggests efficient management and a clear dedication of resources to its mission, which aligns with its NTEE code S47 (Labor Unions and Auxiliaries).