Is Steamfitters Welfare Fund Local Union No 475 Legit?
Quick charity verification for Steamfitters Welfare Fund Local Union No 475 (EIN: 221516999)
Verdict: Steamfitters Welfare Fund Local Union No 475 appears trustworthy
75/100Mission Score
$17.9MRevenue
$53.3MAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Consistently high program spending, with approximately 80% of expenses directed towards programs.
Healthy asset growth, increasing from $18.2 million in 2016 to $49.5 million in 2023.
Stable revenue streams, consistently around $16-19 million annually over the past eight years.
AI Transparency Report
Steamfitters Welfare Fund Local Union No 475 is a mutual & membership benefit nonprofit based in Warren, New Jersey, with reported revenue of $17.9M and assets of $53.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting that key personnel may be compensated through a related entity or serve in an unpaid capacity. Revenue has grown +91% across 13 filing periods.