Quick charity verification for Plumbers Local Union No 1 Welfare Fund (EIN: 111870373)
Verdict: Plumbers Local Union No 1 Welfare Fund shows mixed signals
50/100Mission Score
$21.3MRevenue
$0Assets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits where expenses exceed revenue across all reported periods.
Significant decline in assets from $82,325,423 in 2011 to $65,491,699 in 2018, culminating in a current report of $0 assets.
Lack of detailed expense breakdown to fully assess spending efficiency beyond the general nature of a welfare fund.
Strengths
Consistent reporting of 0% officer compensation, indicating either unpaid leadership or compensation handled externally, which can be a positive for internal cost management.
The organization's NTEE code (Y43) suggests a clear focus on member welfare, implying that most spending is inherently programmatic.
Spending Breakdown
How Plumbers Local Union No 1 Welfare Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Local Union No 1 Welfare Fund
Is Plumbers Local Union No 1 Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumbers Local Union No 1 Welfare Fund (EIN: 111870373) shows mixed signals. Mission Score: 50/100. 3 red flags identified, 2 strengths noted.
Is Plumbers Local Union No 1 Welfare Fund a good charity to donate to?
Plumbers Local Union No 1 Welfare Fund has a Mission Score of 50/100. Revenue: $21.3M. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plumbers Local Union No 1 Welfare Fund?
The Employer Identification Number (EIN) for Plumbers Local Union No 1 Welfare Fund is 111870373. 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 Local Union No 1 Welfare Fund spend its money?
Plumbers Local Union No 1 Welfare Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plumbers Local Union No 1 Welfare Fund's tax-exempt status?
You can verify Plumbers Local Union No 1 Welfare Fund's tax-exempt status using EIN 111870373 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 Local Union No 1 Welfare Fund appears to be a welfare benefit fund, which typically operates differently from traditional public charities. Its financial health, as indicated by the provided data, shows a consistent trend of expenses exceeding revenue across all reported periods. For instance, in 2018, expenses were $5,328,579 against revenues of $2,731,481. This suggests the fund may be drawing down on its assets or receiving contributions not fully captured in the 'Revenue' line item, which is common for such funds that manage existing assets for member benefits rather than actively fundraising. The organization's assets have also shown a declining trend, from $82,325,423 in 2011 to $65,491,699 in 2018, and are currently reported as $0, which is a significant change requiring further investigation into the latest filing.
Regarding spending efficiency, without a detailed breakdown of expenses (e.g., program services vs. administrative), it's challenging to assess. However, the NTEE code Y43 (Employee or Member Welfare Benefit Funds) suggests its primary purpose is to provide benefits, which would inherently be considered 'program' spending. The consistent reporting of 0% officer compensation across all periods indicates good transparency in executive pay, or that officers are compensated through other means not reported here. The current $0 asset figure is a major concern for a welfare fund and warrants immediate attention to understand its implications for the fund's long-term viability and ability to meet its obligations.