Dental Benefits Plan Of The Elevator Industry

Dental Benefits Plan Of The Elevator Industry shows fluctuating financial health with declining assets and periods of significant operating deficits.

EIN: 115219005 · Flushing, NY · Updated: 2026-03-28

$3.1MRevenue

$3.3MAssets

65/100Mission Score (Good)

About Dental Benefits Plan Of The Elevator Industry

Dental Benefits Plan Of The Elevator Industry (EIN: 115219005) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $3.1M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dental Benefits Plan Of The Elevator Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Dental Benefits Plan Of The Elevator Industry demonstrates a fluctuating financial performance over the past decade. While the organization reported a positive net income in its latest filing (202309) with revenues of $2,860,489 exceeding expenses of $2,854,547, it experienced significant deficits in prior years, notably in 202209 where expenses ($2,710,100) substantially outpaced revenues ($1,895,528). The organization's assets have also seen a considerable decline from a peak of $6,006,745 in 201709 to $2,752,111 in 202309, indicating a reduction in its financial reserves. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dental Benefits Plan Of The Elevator Industry with a Mission Score of 65 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Dental Benefits Plan Of The Elevator Industry 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size and suggests either volunteer leadership or compensation is categorized differently.

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 Dental Benefits Plan Of The Elevator Industry's IRS 990 filings:

Significant decline in assets over the past several years, from $6,006,745 in 201709 to $2,752,111 in 202309.
Multiple years of operating deficits, such as 202209 where expenses exceeded revenue by over $800,000.
Consistent reporting of 0% officer compensation, which is unusual for an organization with millions in revenue and assets and may warrant further scrutiny into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Dental Benefits Plan Of The Elevator Industry:

Positive net income in the latest filing (202309), with revenue slightly exceeding expenses.
Consistent reporting of 0% officer compensation, indicating a potential commitment to minimizing executive pay or a unique operational structure.
The organization has maintained operations for over a decade, demonstrating longevity.

Frequently Asked Questions about Dental Benefits Plan Of The Elevator Industry

What caused the significant decline in assets from $6,006,745 in 201709 to $2,752,111 in 202309?

The provided data does not specify the exact reasons for the asset decline, but it coincides with several years where expenses exceeded revenue, potentially drawing down reserves.

How does the organization manage to operate with 0% officer compensation reported?

This could indicate that leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines, which would require further investigation of the detailed 990 forms.

What is the primary driver of the organization's expenses, given its mission?

As a dental benefits plan, the primary driver of expenses is likely benefit payments to members, which would fall under program services.

Filing History

IRS 990 filing history for Dental Benefits Plan Of The Elevator Industry showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Dental Benefits Plan Of The Elevator Industry's revenue has grown by 40%, moving from $2.0M to $2.9M. Total assets increased by 20.3% over the same period, from $2.3M to $2.8M. Total functional expenses rose by 54.8%, from $1.8M to $2.9M. In its most recent filing year (2023), Dental Benefits Plan Of The Elevator Industry reported a surplus of $6K, with revenue exceeding expenses. The organization holds $255K in liabilities against $2.8M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $2.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.9M	$2.9M	$2.8M	$255K	—	—
2022	$1.9M	$2.7M	$2.7M	$242K	—	—
2021	$2.0M	$2.7M	$4.0M	$251K	—	View 990
2020	$1.8M	$2.5M	$4.7M	$284K	—	View 990
2019	$1.7M	$2.8M	$5.1M	$247K	—	View 990
2018	$2.5M	$2.5M	$5.9M	$6K	—	View 990
2017	$3.2M	$2.3M	$6.0M	$5K	—	View 990
2016	$3.2M	$2.4M	$5.0M	$16K	—	View 990
2015	$2.8M	$2.2M	$4.3M	$8K	—	View 990
2014	$2.7M	$2.2M	$3.6M	$14	—	View 990
2013	$2.5M	$1.9M	$3.1M	$9K	—	View 990
2012	$2.3M	$1.9M	$2.7M	$3K	—	View 990
2011	$2.0M	$1.8M	$2.3M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.9M, expenses of $2.9M, and assets of $2.8M (revenue +50.9% year-over-year).
2022: Revenue of $1.9M, expenses of $2.7M, and assets of $2.7M (revenue -6.5% year-over-year).
2021: Revenue of $2.0M, expenses of $2.7M, and assets of $4.0M (revenue +11.6% year-over-year).
2020: Revenue of $1.8M, expenses of $2.5M, and assets of $4.7M (revenue +7.3% year-over-year).
2019: Revenue of $1.7M, expenses of $2.8M, and assets of $5.1M (revenue -31.6% year-over-year).
2018: Revenue of $2.5M, expenses of $2.5M, and assets of $5.9M (revenue -22.8% year-over-year).
2017: Revenue of $3.2M, expenses of $2.3M, and assets of $6.0M (revenue +1.2% year-over-year).
2016: Revenue of $3.2M, expenses of $2.4M, and assets of $5.0M (revenue +11.7% year-over-year).
2015: Revenue of $2.8M, expenses of $2.2M, and assets of $4.3M (revenue +4.9% year-over-year).
2014: Revenue of $2.7M, expenses of $2.2M, and assets of $3.6M (revenue +9.5% year-over-year).
2013: Revenue of $2.5M, expenses of $1.9M, and assets of $3.1M (revenue +8.9% year-over-year).
2012: Revenue of $2.3M, expenses of $1.9M, and assets of $2.7M (revenue +10.9% year-over-year).
2011: Revenue of $2.0M, expenses of $1.8M, and assets of $2.3M.

Data Sources and Methodology

This transparency report for Dental Benefits Plan Of The Elevator Industry 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.