Is United Union Of Roofers Waterproofers & Allied Workers Legit?

The United Union Of Roofers Waterproofers & Allied Workers demonstrates consistent financial health, with a steady increase in assets over the past decade, growing from $15,647,219 in 2014 to $27,560,153 in 2023. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in all reported periods, such as $4,654,997 in revenue against $2,939,536 in expenses in 2023. This indicates sound financial management and the ability to build reserves. Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess the allocation. However, the consistent surplus suggests that the organization is not overspending relative to its income. The absence of reported officer compensation across all filings indicates a strong commitment to minimizing overhead in this specific area, which is a positive sign for efficiency. In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating regular compliance with reporting requirements. The consistent reporting of zero officer compensation is a notable aspect of their financial transparency. While a more detailed breakdown of expenses would enhance the assessment of spending efficiency, the available data points to a financially stable and compliant organization.