Apwu Local 10 Building Corporation
Apwu Local 10 Building Corporation consistently generates revenue surpluses and maintains zero officer compensation.
EIN: 133790895 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $9,457,920 |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Is Apwu Local 10 Building Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Apwu Local 10 Building Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Apwu Local 10 Building Corporation
Apwu Local 10 Building Corporation (EIN: 133790895) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.0M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apwu Local 10 Building Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apwu Local 10 Building Corporation is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$275K |
| Total Assets | $9.1M |
| Total Liabilities | $4.6M |
| Net Assets | $4.5M |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 63.1 months |
Financial Health Grade: A
In 2024, Apwu Local 10 Building Corporation reported a surplus of $275K with revenue exceeding expenses, holds 63.1 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Apwu Local 10 Building Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.2% | -12.6% | +5.8% |
| 2023 | +13.5% | +8.6% | +0.7% |
| 2022 | -12.4% | -5.7% | +2.9% |
| 2021 | +5.9% | +8.9% | +1.5% |
| 2020 | -1.4% | +14.4% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Apwu Local 10 Building Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Apwu Local 10 Building Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $275K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of this size with current assets of $9,457,920 and annual revenues over $2 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 Apwu Local 10 Building Corporation's IRS 990 filings:
- NTEE Code Unknown, hindering understanding of core activities
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation, which is unusual for an organization of this size and could indicate compensation through a related entity not captured here.
Strengths
The following positive indicators were identified for Apwu Local 10 Building Corporation:
- Consistent revenue generation exceeding expenses, leading to financial stability
- Steady growth in assets over the past decade, from $6,590,237 to $9,457,920
- No reported officer compensation, indicating a potential dedication of all funds to organizational operations or a unique operational structure.
Frequently Asked Questions about Apwu Local 10 Building Corporation
Is Apwu Local 10 Building Corporation a legitimate charity?
Apwu Local 10 Building Corporation (EIN: 133790895) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Apwu Local 10 Building Corporation spend its money?
Apwu Local 10 Building Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Apwu Local 10 Building Corporation tax-deductible?
Apwu Local 10 Building Corporation is registered as a tax-exempt nonprofit (EIN: 133790895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Apwu Local 10 Building Corporation CEO make?
Apwu Local 10 Building Corporation's highest-compensated officer earns $9,457,920 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Apwu Local 10 Building Corporation's spending goes to programs?
Apwu Local 10 Building Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Apwu Local 10 Building Corporation located?
Apwu Local 10 Building Corporation is headquartered in New York, New York and files with the IRS under EIN 133790895.
How many years of IRS 990 filings does Apwu Local 10 Building Corporation have?
Apwu Local 10 Building Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
What is the primary purpose or mission of Apwu Local 10 Building Corporation, given its 'Building Corporation' name and NTEE code being unknown?
The filings do not explicitly state the mission beyond the name 'Building Corporation'. It likely relates to managing or owning property for the American Postal Workers Union Local 10, but specific programmatic activities are not detailed in the provided data.
How does Apwu Local 10 Building Corporation manage to operate with 0% officer compensation?
The consistent 0% officer compensation suggests that leadership roles might be voluntary, compensated through a related entity, or that the organization's structure does not involve paid officers in the traditional sense. This is a significant deviation from typical nonprofit compensation structures.
What are the specific categories of expenses that make up the reported total expenses, beyond the general 'expenses' figure?
The provided data only gives a total 'Expenses' figure. A detailed breakdown into program services, management and general, and fundraising expenses would be necessary for a more thorough financial analysis.
What is the nature of the liabilities, which have grown from $3,071,682 in 2015 to $4,589,924 in 2024?
The filings do not specify the nature of the liabilities. Given the 'Building Corporation' name, it is plausible these include mortgages or other debts related to property acquisition or maintenance.
Filing History
IRS 990 filing history for Apwu Local 10 Building Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Apwu Local 10 Building Corporation's revenue has grown by 115.3%, moving from $935K to $2.0M. Total assets increased by 54.1% over the same period, from $5.9M to $9.1M. Total functional expenses rose by 27.4%, from $1.4M to $1.7M. In its most recent filing year (2024), Apwu Local 10 Building Corporation reported a surplus of $275K, with revenue exceeding expenses. The organization holds $4.6M in liabilities against $9.1M in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $1.7M | $9.1M | $4.6M | — | View 990 |
| 2023 | $2.1M | $2.0M | $8.6M | $4.4M | — | View 990 |
| 2022 | $1.8M | $1.8M | $8.6M | $4.4M | — | View 990 |
| 2021 | $2.1M | $1.9M | $8.3M | $4.1M | — | — |
| 2020 | $2.0M | $1.8M | $8.2M | $4.1M | — | View 990 |
| 2019 | $2.0M | $1.6M | $7.8M | $3.9M | — | View 990 |
| 2018 | $1.9M | $1.6M | $8.2M | $4.0M | — | — |
| 2017 | $1.6M | $1.5M | $7.6M | $3.8M | — | View 990 |
| 2016 | $1.5M | $1.4M | $7.3M | $3.6M | — | View 990 |
| 2015 | $1.3M | $1.4M | $6.6M | $3.1M | — | View 990 |
| 2014 | $1.5M | $1.4M | $6.5M | $2.9M | — | View 990 |
| 2013 | $1.4M | $1.3M | $6.2M | $2.7M | — | View 990 |
| 2012 | $935K | $1.4M | $5.9M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $1.7M, and assets of $9.1M (revenue -2.2% year-over-year).
- 2023: Revenue of $2.1M, expenses of $2.0M, and assets of $8.6M (revenue +13.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $8.6M (revenue -12.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $8.3M (revenue +5.9% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.8M, and assets of $8.2M (revenue -1.4% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.6M, and assets of $7.8M (revenue +2.3% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.6M, and assets of $8.2M (revenue +18.0% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $7.6M (revenue +7.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $7.3M (revenue +15.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $6.6M (revenue -10.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $6.5M (revenue +5.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $6.2M (revenue +50.7% year-over-year).
- 2012: Revenue of $935K, expenses of $1.4M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apwu Local 10 Building Corporation:
Data Sources and Methodology
This transparency report for Apwu Local 10 Building Corporation 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.