Is Utility Workers Union Of America Afl Cio Legit?

The Utility Workers Union Of America Afl Cio, with an EIN of 20458824, demonstrates consistent financial activity, typically operating with revenues and expenses in the range of $80,000 to $110,000 annually. Over the past few years, the organization has experienced expenses exceeding revenue, such as in 2023 where expenses were $104,660 against revenues of $81,278, and in 2022 with expenses of $97,111 against revenues of $82,010. This trend suggests a reliance on accumulated assets or prior surpluses to cover operational costs. The organization's assets have fluctuated but generally remained above $150,000, indicating a stable, albeit not rapidly growing, financial base. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficits in recent years warrant closer examination to ensure sustainability. The absence of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not captured in this specific metric, which can be a positive indicator of resource allocation towards mission-related activities. Transparency appears to be adequate given the consistent filing of IRS Form 990s. The organization's financial health is stable but shows signs of operational deficits in recent years, which could become a concern if not addressed. The lack of officer compensation is a notable positive for resource allocation, but a deeper dive into expense categories would provide a clearer picture of spending efficiency.