Quick charity verification for Teamsters Local 469 Welfare Fund (EIN: 221552880)
Verdict: Teamsters Local 469 Welfare Fund shows mixed signals
65/100Mission Score
$22.6MRevenue
$19.9MAssets
3Red Flags
2Strengths
Red Flags
100% of reported expenses are administrative, with no direct program or fundraising costs, which is highly unusual for a welfare fund.
Lack of transparency regarding how the 'welfare' aspect of the fund is delivered or what specific benefits are provided to members.
Consistent reporting of 0% for program and fundraising expenses across multiple years raises questions about the categorization of expenditures.
Strengths
Consistent revenue generation over several years, indicating a stable funding base.
Assets have shown growth in recent years, from $12,114,399 in 2016 to $19,073,434 in 2023.
AI Transparency Report
Teamsters Local 469 Welfare Fund is a unknown nonprofit based in Hazlet, New Jersey, with reported revenue of $22.6M and assets of $19.9M. Our AI analysis assigns a Mission Score of 65/100 (Good). Executive compensation is not explicitly detailed in the provided data, as all expenses are broadly categorized under administrative costs, making it impossible to assess specific individual salaries. Revenue has grown +19% across 13 filing periods.