Is Plumbers And Pipefitters Local Union 9 Welfare Fund Legit?
Quick charity verification for Plumbers And Pipefitters Local Union 9 Welfare Fund (EIN: 222193446)
Verdict: Plumbers And Pipefitters Local Union 9 Welfare Fund shows mixed signals
65/100Mission Score
$33.1MRevenue
$39.0MAssets
2Red Flags
3Strengths
Red Flags
Lack of specific program details makes it difficult to assess the direct impact and efficiency of the welfare fund's activities.
The 'c' field consistently showing 0% for compensation might indicate a lack of transparency regarding executive or key employee remuneration, or that such compensation is not a significant factor in the provided data summary.
Strengths
Consistent revenue generation, with $29,668,428 in 2023 and $27,003,404 in 2022, indicates a stable financial base.
Healthy asset base, with $33,170,398 in 2023 and $32,816,826 in 2022, provides financial security for the fund's beneficiaries.
Low liabilities relative to assets, with $3,618,326 in 2023, suggests good financial management and solvency.
Spending Breakdown
How Plumbers And Pipefitters Local Union 9 Welfare Fund allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Welfare Fund
Is Plumbers And Pipefitters Local Union 9 Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumbers And Pipefitters Local Union 9 Welfare Fund (EIN: 222193446) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Plumbers And Pipefitters Local Union 9 Welfare Fund a good charity to donate to?
Plumbers And Pipefitters Local Union 9 Welfare Fund has a Mission Score of 65/100. Revenue: $33.1M. Assets: $39.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plumbers And Pipefitters Local Union 9 Welfare Fund?
The Employer Identification Number (EIN) for Plumbers And Pipefitters Local Union 9 Welfare Fund is 222193446. 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 Welfare Fund spend its money?
Plumbers And Pipefitters Local Union 9 Welfare Fund allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plumbers And Pipefitters Local Union 9 Welfare Fund's tax-exempt status?
You can verify Plumbers And Pipefitters Local Union 9 Welfare Fund's tax-exempt status using EIN 222193446 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 Welfare Fund is a unknown nonprofit based in Trenton, New Jersey, with reported revenue of $33.1M and assets of $39.0M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation information is not explicitly detailed in the provided data, as the 'c' field consistently shows 0%, suggesting it's either not reported or not applicable in the provided summary. Revenue has grown +45% across 13 filing periods.