Is Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund Legit?

Quick charity verification for Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund (EIN: 131531223)

Verdict: Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund appears trustworthy

95/100Mission Score
$18.7MRevenue
$14.6MAssets
2Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund allocates its funds across programs, administration, and fundraising.

95%
Program Spending
Healthy — majority goes to mission
5%
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 Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund

Is Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund (EIN: 131531223) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund a good charity to donate to?

Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund has a Mission Score of 95/100. Revenue: $18.7M. Assets: $14.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund?

The Employer Identification Number (EIN) for Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund is 131531223. 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 Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund spend its money?

Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund's tax-exempt status?

You can verify Ny Hotel Trade Council & Affiliated Locals Staff Insurance Fund's tax-exempt status using EIN 131531223 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 NY Hotel Trade Council & Affiliated Locals Staff Insurance Fund appears to be a well-managed organization with a consistent financial history. Over the past decade, its revenue has steadily increased from $8,500,036 in 2014 to $11,383,203 in 2023, indicating stable funding. The organization generally operates with a surplus, as seen in 2023 where revenue of $11,383,203 exceeded expenses of $10,314,135, contributing to asset growth. Its assets have grown from $8,525,277 in 2014 to $11,950,314 in 2023, demonstrating financial stability and capacity to meet its obligations. Spending efficiency is strong, with a significant portion of expenses likely directed towards its primary purpose of providing insurance benefits, given its nature as an insurance fund. The consistent reporting of 0% officer compensation across all filings suggests a highly efficient use of funds, as no executive salaries are drawn from the organization's budget. This indicates a strong commitment to directing resources towards its beneficiaries rather than administrative overhead. Transparency is high, evidenced by the consistent filing of IRS Form 990s over 13 periods, providing a clear and detailed financial history. The absence of officer compensation further enhances its transparency profile, as it removes a common area of scrutiny for non-profits. The organization's financial health appears robust, with healthy asset levels and a positive operating margin in most recent years, ensuring its long-term viability.

View Full Transparency Report →

Disclaimer

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

Related Pages