Is International Union Of Bricklayers And Allied Craftworkers Legit?

The International Union Of Bricklayers And Allied Craftworkers demonstrates consistent financial growth and strong asset accumulation over the past decade. With latest reported revenue of $27,192,286 and assets of $50,883,117, the organization appears financially robust. The historical data shows a healthy trend where revenues consistently exceed expenses, leading to a steady increase in net assets. For instance, in 2023, revenue was $12,000,403 against expenses of $10,647,431, indicating a surplus. This consistent surplus generation contributes to its growing asset base, which has more than doubled from $20,393,360 in 2014 to over $50 million currently. The organization's spending efficiency appears sound, with expenses generally well below revenues, allowing for capital accumulation. The absence of reported officer compensation across all available filings suggests a potentially volunteer-led or externally compensated leadership structure, which could be a positive indicator for resource allocation directly to its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets and positive net income trends suggest a well-managed financial operation. Transparency regarding executive compensation is high, as no officer compensation is reported. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a full assessment of programmatic efficiency and overall transparency beyond the compensation aspect. Further details on how the organization allocates its expenses across its core activities, administration, and fundraising would enhance understanding of its operational efficiency.