Afl Cio Mutual Benefit Plan
Afl Cio Mutual Benefit Plan maintains strong assets and zero reported officer compensation, despite recent operating deficit.
EIN: 134237843 · Washington, DC · NTEE: Y23 · Updated: 2026-03-28
Is Afl Cio Mutual Benefit Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Afl Cio Mutual Benefit Plan directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Afl Cio Mutual Benefit Plan
Afl Cio Mutual Benefit Plan (EIN: 134237843) is a nonprofit organization based in Washington, DC, classified under NTEE code Y23. The organization reported total revenue of $15.0M and total assets of $44.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Afl Cio Mutual Benefit Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Afl Cio Mutual Benefit Plan is a large nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-542,779 |
| Total Assets | $42.6M |
| Total Liabilities | $833K |
| Net Assets | $41.8M |
| Operating Margin | -28.8% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 210.5 months |
Financial Health Grade: B
In 2023, Afl Cio Mutual Benefit Plan reported a deficit of $543K with expenses exceeding revenue, holds 210.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Afl Cio Mutual Benefit Plan's revenue has declined at a compound annual growth rate (CAGR) of -11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.1% | +53.9% | +7.9% |
| 2022 | -21.8% | -2.3% | -16.5% |
| 2021 | -12.4% | -1.2% | +8.2% |
| 2020 | +139.0% | +32.6% | +8.8% |
| 2019 | -55.7% | +22.2% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Afl Cio Mutual Benefit Plan with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Afl Cio Mutual Benefit Plan allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $543K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of its size with assets exceeding $44 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Afl Cio Mutual Benefit Plan's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (2023), indicating an operating deficit for that period.
Strengths
The following positive indicators were identified for Afl Cio Mutual Benefit Plan:
- Consistently strong asset base, reaching $44,152,595 in the latest filing.
- Zero reported officer compensation across all 12 filings, indicating high efficiency in directing funds.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Low liabilities relative to assets, indicating good financial health.
Frequently Asked Questions about Afl Cio Mutual Benefit Plan
Is Afl Cio Mutual Benefit Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Afl Cio Mutual Benefit Plan (EIN: 134237843) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Afl Cio Mutual Benefit Plan spend its money?
Afl Cio Mutual Benefit Plan directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Afl Cio Mutual Benefit Plan tax-deductible?
Afl Cio Mutual Benefit Plan is registered as a tax-exempt nonprofit (EIN: 134237843). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Afl Cio Mutual Benefit Plan a good charity?
Based on the available financial data, the Afl Cio Mutual Benefit Plan appears to be a well-managed organization with strong assets and a consistent history of zero reported officer compensation, suggesting a high dedication to its mission. Its financial stability and transparency are positive indicators.
Why is officer compensation 0%?
The filings consistently report 0% officer compensation. This could mean that officers are volunteers, compensated by a related entity, or that their compensation falls below the reporting threshold for individual officers, though the latter is less likely given the consistent 0% across all filings.
What caused the deficit in 2023?
In 2023, the organization reported expenses of $2,429,187 against revenues of $1,886,408, resulting in a deficit. The specific reasons for this deficit are not detailed in the provided summary data but warrant further investigation into the full 990 filing for that period.
Filing History
IRS 990 filing history for Afl Cio Mutual Benefit Plan showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Afl Cio Mutual Benefit Plan's revenue has declined by 72.8%, moving from $6.9M to $1.9M. Total assets increased by 96.1% over the same period, from $21.7M to $42.6M. Total functional expenses rose by 82.2%, from $1.3M to $2.4M. In its most recent filing year (2023), Afl Cio Mutual Benefit Plan reported a deficit of $543K, with expenses exceeding revenue. The organization holds $833K in liabilities against $42.6M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $41.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.4M | $42.6M | $833K | — | — |
| 2022 | $2.6M | $1.6M | $39.5M | $371K | — | — |
| 2021 | $3.3M | $1.6M | $47.3M | $170K | — | View 990 |
| 2020 | $3.8M | $1.6M | $43.7M | $440K | — | — |
| 2019 | $1.6M | $1.2M | $40.2M | $330K | — | — |
| 2018 | $3.6M | $1.0M | $35.0M | $325K | — | View 990 |
| 2017 | $2.7M | $1.5M | $35.9M | $330K | — | — |
| 2016 | $3.5M | $2.0M | $32.4M | $498K | — | View 990 |
| 2015 | $3.2M | $1.4M | $29.6M | $320K | — | View 990 |
| 2014 | $3.1M | $1.4M | $28.5M | $333K | — | View 990 |
| 2013 | $4.2M | $1.2M | $26.2M | $435K | — | View 990 |
| 2012 | $6.9M | $1.3M | $21.7M | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.4M, and assets of $42.6M (revenue -27.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.6M, and assets of $39.5M (revenue -21.8% year-over-year).
- 2021: Revenue of $3.3M, expenses of $1.6M, and assets of $47.3M (revenue -12.4% year-over-year).
- 2020: Revenue of $3.8M, expenses of $1.6M, and assets of $43.7M (revenue +139.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.2M, and assets of $40.2M (revenue -55.7% year-over-year).
- 2018: Revenue of $3.6M, expenses of $1.0M, and assets of $35.0M (revenue +30.0% year-over-year).
- 2017: Revenue of $2.7M, expenses of $1.5M, and assets of $35.9M (revenue -22.6% year-over-year).
- 2016: Revenue of $3.5M, expenses of $2.0M, and assets of $32.4M (revenue +10.7% year-over-year).
- 2015: Revenue of $3.2M, expenses of $1.4M, and assets of $29.6M (revenue +4.9% year-over-year).
- 2014: Revenue of $3.1M, expenses of $1.4M, and assets of $28.5M (revenue -27.6% year-over-year).
- 2013: Revenue of $4.2M, expenses of $1.2M, and assets of $26.2M (revenue -39.2% year-over-year).
- 2012: Revenue of $6.9M, expenses of $1.3M, and assets of $21.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Afl Cio Mutual Benefit Plan:
Data Sources and Methodology
This transparency report for Afl Cio Mutual Benefit Plan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.