Is Operative Plasters & Cement Masons Intl Association Local 262 Welfare Fund Legit?

Operative Plasters & Cement Masons Intl Association Local 262 Welfare Fund consistently demonstrates sound financial management, with revenues generally exceeding expenses across the analyzed periods. For instance, in 2016, the organization reported revenues of $4,529,854 against expenses of $4,367,655, indicating a surplus. The organization's assets have shown steady growth, increasing from $7,054,015 in 2011 to $9,133,219 in 2016, suggesting a healthy accumulation of reserves. Liabilities have remained relatively low compared to assets, further indicating financial stability. The absence of reported officer compensation across all filings suggests a commitment to directing funds towards its primary purpose, although the specific breakdown of program versus administrative spending is not detailed in the provided data. Overall, the financial health appears robust, with consistent positive net income and asset growth.