Is United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Legit?

The United Association Of Journeymen & Apprentices Of The Plumbing & Pipe demonstrates consistent financial growth over the past several years, with revenue increasing from $386,567 in 2014 to $1,923,738 in 2023. This growth is also reflected in their assets, which have grown from $344,055 to $2,079,290 over the same period. The organization consistently spends less than its revenue, indicating sound financial management and the ability to build reserves. For instance, in 2023, expenses were $1,874,151 against revenues of $1,923,738. Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets and positive net income each year suggests that the organization is financially stable and capable of sustaining its operations. Transparency is generally good given the consistent filing of IRS Form 990s. The absence of reported officer compensation is a notable point for transparency, indicating that funds are not being used for high executive salaries. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of how funds are allocated across specific program areas versus overhead. Further detail on program activities and their associated costs would enhance transparency.