Is Uswu Local 74 Supplemental Benefits Fund Legit?
Quick charity verification for Uswu Local 74 Supplemental Benefits Fund (EIN: 131912506)
Verdict: Uswu Local 74 Supplemental Benefits Fund appears trustworthy
90/100Mission Score
$52.8MRevenue
$112.7MAssets
1Red Flags
4Strengths
Red Flags
NTEE code is unknown, making peer comparison difficult.
Strengths
Consistent financial surpluses, such as the $3,441,571 surplus in 2023.
Significant and consistent growth in assets, from $33.4M in 2014 to $105.9M in 2023.
Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
Strong financial stability with assets significantly exceeding liabilities (e.g., $105.9M assets vs. $3.1M liabilities in 2023).
Spending Breakdown
How Uswu Local 74 Supplemental Benefits Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Uswu Local 74 Supplemental Benefits Fund
Is Uswu Local 74 Supplemental Benefits Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Uswu Local 74 Supplemental Benefits Fund (EIN: 131912506) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Uswu Local 74 Supplemental Benefits Fund a good charity to donate to?
Uswu Local 74 Supplemental Benefits Fund has a Mission Score of 90/100. Revenue: $52.8M. Assets: $112.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Uswu Local 74 Supplemental Benefits Fund?
The Employer Identification Number (EIN) for Uswu Local 74 Supplemental Benefits Fund is 131912506. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Uswu Local 74 Supplemental Benefits Fund spend its money?
Uswu Local 74 Supplemental Benefits Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Uswu Local 74 Supplemental Benefits Fund's tax-exempt status?
You can verify Uswu Local 74 Supplemental Benefits Fund's tax-exempt status using EIN 131912506 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Uswu Local 74 Supplemental Benefits Fund demonstrates consistent financial activity, with revenues and expenses in the tens of millions annually. For the latest reported period (202312), the organization reported revenues of $38,457,128 against expenses of $35,015,557, indicating a healthy surplus. Its asset base has shown significant growth over the past decade, increasing from $33,473,833 in 2014 to $105,996,991 in 2023, suggesting strong financial management and accumulation of resources. The organization consistently reports 0% officer compensation, which is a notable indicator of its operational model and commitment to directing funds towards its stated purpose.
Given its nature as a supplemental benefits fund, the majority of its expenses are expected to be direct benefit payments to members, which aligns with a high program spending ratio. The consistent reporting of zero officer compensation across all available filings strongly suggests a high degree of financial transparency regarding executive pay. The steady growth in assets, coupled with consistent surpluses, indicates a financially stable and well-managed entity capable of meeting its long-term obligations to its beneficiaries. The absence of an NTEE code, however, makes a direct comparison to peer organizations challenging.