Is Roofers 195 Health & Accident Fund Legit?

Roofers 195 Health & Accident Fund appears to be a stable organization, consistently generating revenue to cover its expenses, as evidenced by its latest revenue of $4,378,797 and expenses of $2,789,368 in 2023. The organization's assets have shown growth over the past few years, increasing from $1,171,344 in 2021 to $2,068,744 in 2023, indicating a healthy financial position. However, the liabilities in 2023 were $3,972, which is a significant increase from previous years, though still relatively low compared to assets. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent surplus of revenue over expenses in most recent years suggests sound financial management. The absence of reported officer compensation across all filings indicates a potential for high program spending, assuming the majority of expenses are directed towards its core mission. Transparency is generally good due to consistent IRS 990 filings, but the lack of NTEE code and detailed expense categories limits a deeper analysis of its operational focus. Overall, Roofers 195 Health & Accident Fund demonstrates financial stability and growth in assets. The consistent filing of IRS 990s provides a good level of transparency regarding its overall financial performance. Further detail on expense allocation would enhance the understanding of its spending efficiency and program impact.