Is Plumbers And Pipefitters Local Union 9 Home Inc Legit?
Quick charity verification for Plumbers And Pipefitters Local Union 9 Home Inc (EIN: 201439280)
Verdict: Plumbers And Pipefitters Local Union 9 Home Inc appears trustworthy
75/100Mission Score
$3.8MRevenue
$5.9MAssets
4Red Flags
4Strengths
Red Flags
Consistent reporting of $0 expenses for multiple years (2014-2017) raises questions about financial transparency and activity.
Very low expense ratio relative to revenue in recent years, suggesting significant asset accumulation rather than direct spending.
Lack of detailed program expense breakdown makes it difficult to assess true spending efficiency.
No officer compensation reported for an organization with over $3 million in assets, which is highly unusual and could indicate indirect compensation or volunteer leadership.
Strengths
Strong and consistent asset growth, indicating financial stability (e.g., assets grew from $1,449,243 in 2019 to $3,095,621 in 2023).
Zero reported liabilities in recent years (2017-2023), demonstrating a healthy balance sheet and no debt burden.
Consistent revenue generation, with significant growth in the latest period (from $451,868 in 2022 to $694,302 in 2023).
No officer compensation reported, indicating a commitment to minimizing administrative overhead in terms of executive pay.
Spending Breakdown
How Plumbers And Pipefitters Local Union 9 Home Inc 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 Plumbers And Pipefitters Local Union 9 Home Inc
Is Plumbers And Pipefitters Local Union 9 Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumbers And Pipefitters Local Union 9 Home Inc (EIN: 201439280) appears trustworthy. Mission Score: 75/100. 4 red flags identified, 4 strengths noted.
Is Plumbers And Pipefitters Local Union 9 Home Inc a good charity to donate to?
Plumbers And Pipefitters Local Union 9 Home Inc has a Mission Score of 75/100. Revenue: $3.8M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plumbers And Pipefitters Local Union 9 Home Inc?
The Employer Identification Number (EIN) for Plumbers And Pipefitters Local Union 9 Home Inc is 201439280. 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 Plumbers And Pipefitters Local Union 9 Home Inc spend its money?
Plumbers And Pipefitters Local Union 9 Home Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plumbers And Pipefitters Local Union 9 Home Inc's tax-exempt status?
You can verify Plumbers And Pipefitters Local Union 9 Home Inc's tax-exempt status using EIN 201439280 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
Plumbers And Pipefitters Local Union 9 Home Inc appears to be a financially stable organization, consistently growing its assets over the past several years. For instance, assets grew from $1,449,243 in 2019 to $3,095,621 in 2023. The organization's revenue has also shown significant growth, particularly in the most recent filing period, jumping from $451,868 in 2022 to $694,302 in 2023. A notable aspect of its financial management is the consistent reporting of zero liabilities in recent years (2017-2023), indicating a strong balance sheet and minimal debt burden. However, the filings consistently report zero expenses for several years (2014-2017), which raises questions about the completeness of expense reporting or the nature of its operational activities during those periods. The most recent filing shows expenses of $12,637 against revenue of $694,302, suggesting a very low spending ratio relative to income, which could imply significant accumulation of assets or that a substantial portion of revenue is not immediately spent on programs or operations. The NTEE code S47 (Labor Unions) suggests its primary activities might be related to supporting union members, but without detailed program expense breakdowns, it's difficult to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of financial transparency regarding executive pay, as no compensation is being paid to officers.