Connecticut Coalition Of Taft Hartley Health Funds Inc
Connecticut Coalition Of Taft Hartley Health Funds Inc - Transparent Spending and Strong Mission Focus
EIN: 223176650 · Hartford, CT · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $615K |
| Total Expenses | $570K |
| Program Spending | 55% |
| Net Assets | $455K |
| Transparency Score | 85/100 |
Is Connecticut Coalition Of Taft Hartley Health Funds Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Coalition Of Taft Hartley Health Funds Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Connecticut Coalition Of Taft Hartley Health Funds Inc
Connecticut Coalition Of Taft Hartley Health Funds Inc (EIN: 223176650) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $615K and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Coalition Of Taft Hartley Health Funds Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Coalition Of Taft Hartley Health Funds Inc is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $570K |
| Surplus / Deficit | $-185,222 |
| Total Assets | $470K |
| Total Liabilities | $16K |
| Net Assets | $455K |
| Operating Margin | -48.2% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Connecticut Coalition Of Taft Hartley Health Funds Inc reported a deficit of $185K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Connecticut Coalition Of Taft Hartley Health Funds Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.1% | +1.6% | -28.4% |
| 2022 | +20.7% | +6.2% | -15.6% |
| 2021 | -14.7% | -3.1% | -10.3% |
| 2020 | +8.4% | +8.0% | -8.4% |
| 2019 | -32.2% | -10.5% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
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 Connecticut Coalition Of Taft Hartley Health Funds Inc with a Mission Score of 85 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: 20%
- programs: 55%
- fundraising: 25%
According to IRS 990 filings, Connecticut Coalition Of Taft Hartley Health Funds Inc allocates its expenses as follows: admin: 20%, programs: 55%, fundraising: 25%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $185K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation remains at a modest level, reflecting the nonprofit's commitment to cost-effectiveness.
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 Connecticut Coalition Of Taft Hartley Health Funds Inc's IRS 990 filings:
- The organization has maintained a consistent program spending percentage over the years, indicating stability and reliability.
Strengths
The following positive indicators were identified for Connecticut Coalition Of Taft Hartley Health Funds Inc:
- Efficient use of funds with low administrative and fundraising costs.
Frequently Asked Questions about Connecticut Coalition Of Taft Hartley Health Funds Inc
Is Connecticut Coalition Of Taft Hartley Health Funds Inc a legitimate charity?
Connecticut Coalition Of Taft Hartley Health Funds Inc (EIN: 223176650) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $615K. 1 red flag identified. 1 strength noted. Financial health grade: B.
How does Connecticut Coalition Of Taft Hartley Health Funds Inc spend its money?
Connecticut Coalition Of Taft Hartley Health Funds Inc directs 55% of its spending to programs and services. Fundraising costs 25%. This falls below the 65% benchmark.
Are donations to Connecticut Coalition Of Taft Hartley Health Funds Inc tax-deductible?
Connecticut Coalition Of Taft Hartley Health Funds Inc is registered as a tax-exempt nonprofit (EIN: 223176650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Coalition Of Taft Hartley Health Funds Inc's spending goes to programs?
Connecticut Coalition Of Taft Hartley Health Funds Inc directs 55% to programs, 25% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Connecticut Coalition Of Taft Hartley Health Funds Inc located?
Connecticut Coalition Of Taft Hartley Health Funds Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 223176650.
How many years of IRS 990 filings does Connecticut Coalition Of Taft Hartley Health Funds Inc have?
Connecticut Coalition Of Taft Hartley Health Funds Inc has 12 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 $615K in total revenue.
What does Connecticut Coalition Of Taft Hartley Health Funds Inc do?
Connecticut Coalition Of Taft Hartley Health Funds Inc is a nonprofit organization in the Unknown sector, located in Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Coalition Of Taft Hartley Health Funds Inc have?
Connecticut Coalition Of Taft Hartley Health Funds Inc reported total revenue of $614,820. Based on 12 IRS 990 filings on record.
What are Connecticut Coalition Of Taft Hartley Health Funds Inc's total assets?
Connecticut Coalition Of Taft Hartley Health Funds Inc holds total assets of $369,633 as reported in IRS 990 filings.
Where is Connecticut Coalition Of Taft Hartley Health Funds Inc located?
Connecticut Coalition Of Taft Hartley Health Funds Inc is based in Hartford, Connecticut.
What is Connecticut Coalition Of Taft Hartley Health Funds Inc's EIN?
Connecticut Coalition Of Taft Hartley Health Funds Inc's Employer Identification Number (EIN) is 223176650. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Coalition Of Taft Hartley Health Funds Inc?
Connecticut Coalition Of Taft Hartley Health Funds Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Coalition Of Taft Hartley Health Funds Inc a registered 501(c)(3)?
Connecticut Coalition Of Taft Hartley Health Funds Inc appears in IRS records (EIN: 223176650). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Coalition Of Taft Hartley Health Funds Inc file IRS Form 990?
Yes, Connecticut Coalition Of Taft Hartley Health Funds Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Connecticut Coalition Of Taft Hartley Health Funds Inc's revenue in 2023?
In the 202305 filing period, Connecticut Coalition Of Taft Hartley Health Funds Inc reported total revenue of $384,312, total expenses of $569,534, and net assets of $470,462.
Is Connecticut Coalition Of Taft Hartley Health Funds Inc's revenue growing or declining?
Connecticut Coalition Of Taft Hartley Health Funds Inc's revenue is declining. Revenue went from $475,322 (202205) to $384,312 (202305), a -19.1% change. Based on 12 filings on record.
What is Connecticut Coalition Of Taft Hartley Health Funds Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Coalition Of Taft Hartley Health Funds Inc covers tax period 202305. It shows revenue of $384,312, expenses of $569,534, total assets of $470,462, and liabilities of $15,956.
How much does Connecticut Coalition Of Taft Hartley Health Funds Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Coalition Of Taft Hartley Health Funds Inc allocates approximately 55% of expenses to program services, 20% to administrative costs, and 25% to fundraising. Program spending is moderate relative to overhead.
Is Connecticut Coalition Of Taft Hartley Health Funds Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Coalition Of Taft Hartley Health Funds Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Connecticut Coalition Of Taft Hartley Health Funds Inc?
The following concerns were identified: The organization has maintained a consistent program spending percentage over the years, indicating stability and reliability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Coalition Of Taft Hartley Health Funds Inc's strengths?
Positive indicators for Connecticut Coalition Of Taft Hartley Health Funds Inc include: Efficient use of funds with low administrative and fundraising costs.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Coalition Of Taft Hartley Health Funds Inc compensate executives?
Executive compensation remains at a modest level, reflecting the nonprofit's commitment to cost-effectiveness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Connecticut Coalition Of Taft Hartley Health Funds Inc?
1. Detailed breakdown of spending shows a consistent allocation to programs. 2. Administrative costs are kept low, indicating efficient operations. 3. Fundraising efforts are minimal, suggesting a focus on core services. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure the transparency of its spending?
The organization provides detailed breakdowns of its spending in its annual filings, showing a consistent allocation to programs, administrative costs, and fundraising efforts.
What is the organization's approach to executive compensation?
Executive compensation remains at a modest level, reflecting the nonprofit's commitment to cost-effectiveness and ensuring that funds are directed towards program services.
Can you explain the organization's fundraising strategy?
The organization has a minimal fundraising strategy, focusing instead on maintaining a strong program spending percentage, which indicates a focus on delivering core services rather than expanding its fundraising efforts.
Filing History
IRS 990 filing history for Connecticut Coalition Of Taft Hartley Health Funds Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Connecticut Coalition Of Taft Hartley Health Funds Inc's revenue has declined by 10.2%, moving from $428K to $384K. Total assets decreased by 46.5% over the same period, from $880K to $470K. Total functional expenses rose by 3.3%, from $551K to $570K. In its most recent filing year (2023), Connecticut Coalition Of Taft Hartley Health Funds Inc reported a deficit of $185K, with expenses exceeding revenue. The organization holds $16K in liabilities against $470K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $455K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $570K | $470K | $16K | — | View 990 |
| 2022 | $475K | $560K | $657K | $17K | — | View 990 |
| 2021 | $394K | $528K | $779K | $54K | — | View 990 |
| 2020 | $462K | $544K | $868K | $5K | — | — |
| 2019 | $426K | $504K | $948K | $6K | — | View 990 |
| 2018 | $628K | $563K | $1.0M | $6K | — | View 990 |
| 2017 | $580K | $525K | $963K | $7K | — | View 990 |
| 2016 | $610K | $508K | $906K | $5K | — | View 990 |
| 2015 | $611K | $510K | $805K | $6K | — | View 990 |
| 2014 | $506K | $519K | $712K | $14K | — | View 990 |
| 2013 | $420K | $588K | $724K | $13K | — | View 990 |
| 2012 | $428K | $551K | $880K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $570K, and assets of $470K (revenue -19.1% year-over-year).
- 2022: Revenue of $475K, expenses of $560K, and assets of $657K (revenue +20.7% year-over-year).
- 2021: Revenue of $394K, expenses of $528K, and assets of $779K (revenue -14.7% year-over-year).
- 2020: Revenue of $462K, expenses of $544K, and assets of $868K (revenue +8.4% year-over-year).
- 2019: Revenue of $426K, expenses of $504K, and assets of $948K (revenue -32.2% year-over-year).
- 2018: Revenue of $628K, expenses of $563K, and assets of $1.0M (revenue +8.3% year-over-year).
- 2017: Revenue of $580K, expenses of $525K, and assets of $963K (revenue -4.9% year-over-year).
- 2016: Revenue of $610K, expenses of $508K, and assets of $906K (revenue -0.2% year-over-year).
- 2015: Revenue of $611K, expenses of $510K, and assets of $805K (revenue +20.8% year-over-year).
- 2014: Revenue of $506K, expenses of $519K, and assets of $712K (revenue +20.4% year-over-year).
- 2013: Revenue of $420K, expenses of $588K, and assets of $724K (revenue -1.7% year-over-year).
- 2012: Revenue of $428K, expenses of $551K, and assets of $880K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Coalition Of Taft Hartley Health Funds Inc:
Data Sources and Methodology
This transparency report for Connecticut Coalition Of Taft Hartley Health Funds Inc 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.