Carpenters Local Union 218
EIN: 41922561 · Medford, MA
Is Carpenters Local Union 218 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carpenters Local Union 218
Carpenters Local Union 218 (EIN: 41922561) is a nonprofit organization based in Medford, MA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carpenters Local Union 218's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carpenters Local Union 218 is a small nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $331K |
| Surplus / Deficit | +$49K |
| Total Assets | $507K |
| Net Assets | $507K |
| Operating Margin | 12.8% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2017, Carpenters Local Union 218 reported a surplus of $49K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2017), Carpenters Local Union 218's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -12.1% | -7.7% | +10.6% |
| 2016 | +10.2% | +4.1% | +18.5% |
| 2015 | +4.7% | -2.1% | +14.7% |
| 2014 | +25.7% | +21.4% | +7.1% |
| 2013 | +22.6% | +0.8% | +2.5% |
AI Analysis Pending
AI enrichment for Carpenters Local Union 218 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carpenters Local Union 218 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
Frequently Asked Questions about Carpenters Local Union 218
Is Carpenters Local Union 218 a legitimate charity?
Based on AI analysis of IRS 990 filings, Carpenters Local Union 218 (EIN: 41922561) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carpenters Local Union 218 spend its money?
Detailed spending breakdown data is not yet available for Carpenters Local Union 218. Check back for updated IRS 990 analysis.
Are donations to Carpenters Local Union 218 tax-deductible?
Carpenters Local Union 218 is registered as a tax-exempt nonprofit (EIN: 41922561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Carpenters Local Union 218 showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Carpenters Local Union 218's revenue has grown by 56.3%, moving from $243K to $380K. Total assets increased by 65% over the same period, from $308K to $507K. Total functional expenses rose by 14.9%, from $288K to $331K. In its most recent filing year (2017), Carpenters Local Union 218 reported a surplus of $49K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $380K | $331K | $507K | $0 | — | View 990 |
| 2016 | $432K | $359K | $459K | $0 | — | View 990 |
| 2015 | $393K | $345K | $387K | $2K | — | View 990 |
| 2014 | $375K | $353K | $338K | $0 | — | View 990 |
| 2013 | $298K | $290K | $315K | $0 | — | View 990 |
| 2012 | $243K | $288K | $308K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $380K, expenses of $331K, and assets of $507K (revenue -12.1% year-over-year).
- 2016: Revenue of $432K, expenses of $359K, and assets of $459K (revenue +10.2% year-over-year).
- 2015: Revenue of $393K, expenses of $345K, and assets of $387K (revenue +4.7% year-over-year).
- 2014: Revenue of $375K, expenses of $353K, and assets of $338K (revenue +25.7% year-over-year).
- 2013: Revenue of $298K, expenses of $290K, and assets of $315K (revenue +22.6% year-over-year).
- 2012: Revenue of $243K, expenses of $288K, and assets of $308K.
Data Sources and Methodology
This transparency report for Carpenters Local Union 218 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.