District Council 1707 Health And Insurance Fund
District Council 1707 Health And Insurance Fund shows consistent asset strength but recent operating deficits.
EIN: 132659322 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.0M |
| Total Expenses | $9.4M |
| Program Spending | 85% |
| Net Assets | $8.8M |
| Transparency Score | 70/100 |
Is District Council 1707 Health And Insurance Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
District Council 1707 Health And Insurance Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About District Council 1707 Health And Insurance Fund
District Council 1707 Health And Insurance Fund (EIN: 132659322) is a nonprofit organization based in New York, NY. The organization reported total revenue of $17.0M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of District Council 1707 Health And Insurance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
District Council 1707 Health And Insurance Fund is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.4M |
| Total Expenses | $9.4M |
| Surplus / Deficit | $-1,971,528 |
| Total Assets | $9.4M |
| Total Liabilities | $548K |
| Net Assets | $8.8M |
| Operating Margin | -26.5% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2023, District Council 1707 Health And Insurance Fund reported a deficit of $2.0M with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), District Council 1707 Health And Insurance Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.9% | -4.8% | -18.9% |
| 2022 | -8.1% | -0.7% | -12.9% |
| 2021 | +5.3% | +9.1% | +5.5% |
| 2020 | +6.8% | +9.0% | -1.5% |
| 2019 | +0.7% | -8.4% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 District Council 1707 Health And Insurance Fund with a Mission Score of 70 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: 85%
- fundraising: 5%
According to IRS 990 filings, District Council 1707 Health And Insurance Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly favorable and suggests either no compensation for officers or that it is categorized differently, warranting further review for complete clarity.
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 District Council 1707 Health And Insurance Fund's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202303, 202203, 202103, 201803), where expenses exceeded revenue.
- Unknown NTEE code, making it difficult to benchmark performance against peer organizations.
- Lack of detailed expense breakdown in provided data to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for District Council 1707 Health And Insurance Fund:
- Strong asset base relative to liabilities, indicating financial stability (e.g., $9,390,593 in assets vs. $547,766 in liabilities in 202303).
- Consistent 0% officer compensation reported, suggesting efficient use of funds or alternative compensation structures.
- Long and consistent IRS 990 filing history (13 filings), demonstrating regulatory compliance and transparency.
- Significant revenue generation, with latest reported revenue at $17,010,217.
Frequently Asked Questions about District Council 1707 Health And Insurance Fund
Is District Council 1707 Health And Insurance Fund a legitimate charity?
District Council 1707 Health And Insurance Fund (EIN: 132659322) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $17.0M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does District Council 1707 Health And Insurance Fund spend its money?
District Council 1707 Health And Insurance Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to District Council 1707 Health And Insurance Fund tax-deductible?
District Council 1707 Health And Insurance Fund is registered as a tax-exempt nonprofit (EIN: 132659322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of District Council 1707 Health And Insurance Fund's spending goes to programs?
District Council 1707 Health And Insurance Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is District Council 1707 Health And Insurance Fund located?
District Council 1707 Health And Insurance Fund is headquartered in New York, New York and files with the IRS under EIN 132659322.
How many years of IRS 990 filings does District Council 1707 Health And Insurance Fund have?
District Council 1707 Health And Insurance Fund 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 $17.0M in total revenue.
Why have expenses exceeded revenue in recent periods?
The filings show that in 202303, expenses ($9,404,402) were higher than revenue ($7,432,874), and a similar trend occurred in 202203. This indicates the organization is spending more than it is taking in, potentially drawing from reserves.
What is the nature of the organization's programs?
Without an NTEE code or detailed program expense breakdown, it's difficult to ascertain the specific programs District Council 1707 Health And Insurance Fund operates. The name suggests a focus on health and insurance benefits for a specific council.
How does the organization plan to address its operating deficits?
The filings do not provide a strategic plan for addressing the recent operating deficits. Continued deficits could eventually impact the organization's strong asset base if not managed.
Filing History
IRS 990 filing history for District Council 1707 Health And Insurance Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), District Council 1707 Health And Insurance Fund's revenue has grown by 4.5%, moving from $7.1M to $7.4M. Total assets increased by 96.3% over the same period, from $4.8M to $9.4M. Total functional expenses rose by 25.7%, from $7.5M to $9.4M. In its most recent filing year (2023), District Council 1707 Health And Insurance Fund reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $548K in liabilities against $9.4M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.4M | $9.4M | $9.4M | $548K | — | View 990 |
| 2022 | $8.9M | $9.9M | $11.6M | $167K | — | View 990 |
| 2021 | $9.7M | $10.0M | $13.3M | $59K | — | View 990 |
| 2020 | $9.3M | $9.1M | $12.6M | $113K | — | — |
| 2019 | $8.7M | $8.4M | $12.8M | $82K | — | View 990 |
| 2018 | $8.6M | $9.1M | $12.4M | $88K | — | View 990 |
| 2017 | $9.0M | $8.4M | $12.6M | $70K | — | View 990 |
| 2016 | $8.4M | $6.6M | $12.0M | $264K | — | View 990 |
| 2015 | $7.4M | $7.0M | $10.0M | $97K | — | View 990 |
| 2014 | $7.9M | $6.4M | $9.4M | $70K | — | View 990 |
| 2013 | $7.5M | $6.6M | $8.0M | $79K | — | View 990 |
| 2012 | $8.0M | $5.7M | $7.1M | $70K | — | View 990 |
| 2011 | $7.1M | $7.5M | $4.8M | $680K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.4M, expenses of $9.4M, and assets of $9.4M (revenue -16.9% year-over-year).
- 2022: Revenue of $8.9M, expenses of $9.9M, and assets of $11.6M (revenue -8.1% year-over-year).
- 2021: Revenue of $9.7M, expenses of $10.0M, and assets of $13.3M (revenue +5.3% year-over-year).
- 2020: Revenue of $9.3M, expenses of $9.1M, and assets of $12.6M (revenue +6.8% year-over-year).
- 2019: Revenue of $8.7M, expenses of $8.4M, and assets of $12.8M (revenue +0.7% year-over-year).
- 2018: Revenue of $8.6M, expenses of $9.1M, and assets of $12.4M (revenue -4.4% year-over-year).
- 2017: Revenue of $9.0M, expenses of $8.4M, and assets of $12.6M (revenue +7.5% year-over-year).
- 2016: Revenue of $8.4M, expenses of $6.6M, and assets of $12.0M (revenue +13.1% year-over-year).
- 2015: Revenue of $7.4M, expenses of $7.0M, and assets of $10.0M (revenue -5.8% year-over-year).
- 2014: Revenue of $7.9M, expenses of $6.4M, and assets of $9.4M (revenue +4.9% year-over-year).
- 2013: Revenue of $7.5M, expenses of $6.6M, and assets of $8.0M (revenue -6.2% year-over-year).
- 2012: Revenue of $8.0M, expenses of $5.7M, and assets of $7.1M (revenue +12.3% year-over-year).
- 2011: Revenue of $7.1M, expenses of $7.5M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for District Council 1707 Health And Insurance Fund:
Data Sources and Methodology
This transparency report for District Council 1707 Health And Insurance Fund 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.