Is United Food & Commercial Workers Local 1000 Okla Health & Welf Fund Legit?

United Food & Commercial Workers Local 1000 Okla Health & Welf Fund demonstrates consistent financial stability, with revenues generally exceeding expenses in recent years. For example, in 2023, revenue was $9,193,769 against expenses of $8,930,945, indicating a surplus. The organization's assets have also shown significant growth, increasing from $2,891,198 in 2018 to $12,402,918 in 2023, suggesting prudent financial management and accumulation of reserves. The spending efficiency appears strong, particularly given the nature of a health and welfare fund where the majority of expenses are typically direct benefit payments. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's purpose rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the overall financial health and lack of executive compensation suggest a focus on its mission.