Is Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel Legit?

Quick charity verification for Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel (EIN: 20772989)

Verdict: Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel appears trustworthy

85/100Mission Score

$7.1MRevenue

$20.2MAssets

2Red Flags

3Strengths

Red Flags

Significant annual deficits in recent years (e.g., $1,374,805 in 2022 and $4,304,245 in 2021) could indicate unsustainable spending if not offset by prior surpluses or specific fund management strategies.
Fluctuating asset base, decreasing from $26,013,213 in 2020 to $20,180,373 in 2022, warrants monitoring to ensure long-term solvency for retiree benefits.

Strengths

Consistent 0% officer compensation across all filings demonstrates exceptional financial efficiency and a strong commitment to its mission.
Substantial asset base of $20,180,373 in 2022 provides a buffer against financial fluctuations and supports long-term obligations.
Regular IRS 990 filings over 12 periods indicate a commitment to transparency and compliance.

Spending Breakdown

How Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel

Is Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel a legitimate charity?

Based on AI analysis of IRS 990 filings, Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel (EIN: 20772989) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel a good charity to donate to?

Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel has a Mission Score of 85/100. Revenue: $7.1M. Assets: $20.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel?

The Employer Identification Number (EIN) for Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel is 20772989. 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 Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel spend its money?

Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel's tax-exempt status?

You can verify Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel's tax-exempt status using EIN 20772989 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

Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel, operating as a Y43 (Pension / Retirement Issues) organization, exhibits fluctuating financial performance over the past decade. In 2022, the organization reported revenue of $4,023,636 against expenses of $5,398,441, indicating a deficit for the period. This follows a similar trend in 2021 where expenses significantly outpaced revenue ($6,389,772 vs. $2,085,527). However, prior years like 2020 and 2019 showed healthy surpluses, with revenues of $6,555,549 and $8,809,261 respectively, exceeding expenses. The organization's assets have also seen considerable fluctuation, peaking at $26,013,213 in 2020 and decreasing to $20,180,373 by 2022. Given its NTEE code, these fluctuations might be tied to investment performance or benefit payout cycles inherent to retiree health and welfare funds.

The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its primary purpose. While specific program spending ratios are not detailed in the provided summary, the absence of executive compensation suggests a lean operational structure. The consistent reporting of liabilities, ranging from $525,180 to $1,625,783, is typical for an organization managing health and welfare benefits, reflecting future obligations.

Overall, the organization demonstrates a commitment to transparency through its regular IRS 990 filings and the clear reporting of no officer compensation. Its financial health appears to be managed within the context of its specific mission, with periods of deficit likely offset by prior surpluses or strategic asset management. Further analysis of detailed program service expenses would provide a more granular understanding of spending efficiency.

View Full Transparency Report →

Disclaimer

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