District Council 1707 Home Care Employers Health And Welfare Fund
District Council 1707 Health And Welfare Fund sees significant revenue decline over a decade while maintaining substantial assets.
EIN: 133505523 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $5.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $18.8M |
| Transparency Score | 70/100 |
Is District Council 1707 Home Care Employers Health And Welfare 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 Home Care Employers Health And Welfare Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About District Council 1707 Home Care Employers Health And Welfare Fund
District Council 1707 Home Care Employers Health And Welfare Fund (EIN: 133505523) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.0M and total assets of $22.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of District Council 1707 Home Care Employers Health And Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
District Council 1707 Home Care Employers Health And Welfare Fund is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.2M |
| Surplus / Deficit | +$823K |
| Total Assets | $21.9M |
| Total Liabilities | $3.2M |
| Net Assets | $18.8M |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 50.2 months |
Financial Health Grade: A
In 2023, District Council 1707 Home Care Employers Health And Welfare Fund reported a surplus of $823K with revenue exceeding expenses, holds 50.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), District Council 1707 Home Care Employers Health And Welfare Fund's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | -26.7% | +0.7% |
| 2022 | -13.0% | +12.7% | -15.7% |
| 2021 | -22.5% | -19.7% | +0.6% |
| 2020 | -10.3% | -12.9% | +3.3% |
| 2019 | -24.8% | -35.8% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Home Care Employers Health And Welfare 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: 90%
- fundraising: 0%
According to IRS 990 filings, District Council 1707 Home Care Employers Health And Welfare Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $823K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets over $20 million and annual expenses in the millions.
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 Home Care Employers Health And Welfare Fund's IRS 990 filings:
- Significant and consistent decline in revenue over the past decade, from $16.3M in 2014 to $6.0M in 2023.
- Unusually low (0%) reported officer compensation for an organization with multi-million dollar assets and expenses, which may obscure true administrative costs if compensated by an affiliate.
Strengths
The following positive indicators were identified for District Council 1707 Home Care Employers Health And Welfare Fund:
- Maintained a strong asset base, consistently above $21 million, providing financial stability.
- Liabilities have decreased over time, from $5.4M in 2014 to $3.1M in 2023, improving the balance sheet.
- Consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency.
Frequently Asked Questions about District Council 1707 Home Care Employers Health And Welfare Fund
Is District Council 1707 Home Care Employers Health And Welfare Fund a legitimate charity?
District Council 1707 Home Care Employers Health And Welfare Fund (EIN: 133505523) 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: $6.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does District Council 1707 Home Care Employers Health And Welfare Fund spend its money?
District Council 1707 Home Care Employers Health And Welfare Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to District Council 1707 Home Care Employers Health And Welfare Fund tax-deductible?
District Council 1707 Home Care Employers Health And Welfare Fund is registered as a tax-exempt nonprofit (EIN: 133505523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the District Council 1707 Home Care Employers Health And Welfare Fund CEO make?
District Council 1707 Home Care Employers Health And Welfare Fund's highest-compensated officer earns $20 annually. The organization reported $6.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is District Council 1707 Home Care Employers Health And Welfare Fund located?
District Council 1707 Home Care Employers Health And Welfare Fund is headquartered in New York, New York and files with the IRS under EIN 133505523.
How many years of IRS 990 filings does District Council 1707 Home Care Employers Health And Welfare Fund have?
District Council 1707 Home Care Employers Health And Welfare 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 $6.0M in total revenue.
Why has the organization's revenue decreased so significantly over the past decade?
The organization's revenue has dropped from $16,349,954 in 2014 to $6,064,532 in 2023. This substantial decline of over 60% warrants further investigation into the reasons, such as changes in employer contributions, membership, or investment income.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size and financial activity. It suggests that officers may be compensated by an affiliated entity or that the roles are purely voluntary, which impacts the understanding of administrative costs.
What is the detailed breakdown of expenses, particularly program service expenses versus administrative costs?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to assess the efficiency of spending. For a health and welfare fund, understanding the proportion of funds spent directly on benefits versus administrative overhead is crucial.
Filing History
IRS 990 filing history for District Council 1707 Home Care Employers Health And Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), District Council 1707 Home Care Employers Health And Welfare Fund's revenue has declined by 61.9%, moving from $15.9M to $6.1M. Total assets decreased by 41.5% over the same period, from $37.5M to $21.9M. Total functional expenses fell by 76.1%, from $21.9M to $5.2M. In its most recent filing year (2023), District Council 1707 Home Care Employers Health And Welfare Fund reported a surplus of $823K, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $21.9M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $18.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.2M | $21.9M | $3.2M | — | — |
| 2022 | $5.7M | $7.1M | $21.8M | $4.2M | — | View 990 |
| 2021 | $6.6M | $6.3M | $25.8M | $3.4M | — | View 990 |
| 2020 | $8.5M | $7.9M | $25.7M | $4.1M | — | — |
| 2019 | $9.5M | $9.1M | $24.9M | $4.9M | — | — |
| 2018 | $12.6M | $14.1M | $23.6M | $6.0M | — | View 990 |
| 2017 | $14.8M | $14.5M | $26.0M | $5.9M | — | View 990 |
| 2016 | $13.6M | $14.3M | $24.9M | $5.3M | — | View 990 |
| 2015 | $15.5M | $15.1M | $25.4M | $5.3M | — | View 990 |
| 2014 | $16.3M | $17.3M | $26.5M | $5.5M | — | View 990 |
| 2013 | $12.8M | $18.6M | $29.1M | $6.7M | — | View 990 |
| 2012 | $15.0M | $18.8M | $34.3M | $6.8M | — | View 990 |
| 2011 | $15.9M | $21.9M | $37.5M | $7.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.2M, and assets of $21.9M (revenue +5.6% year-over-year).
- 2022: Revenue of $5.7M, expenses of $7.1M, and assets of $21.8M (revenue -13.0% year-over-year).
- 2021: Revenue of $6.6M, expenses of $6.3M, and assets of $25.8M (revenue -22.5% year-over-year).
- 2020: Revenue of $8.5M, expenses of $7.9M, and assets of $25.7M (revenue -10.3% year-over-year).
- 2019: Revenue of $9.5M, expenses of $9.1M, and assets of $24.9M (revenue -24.8% year-over-year).
- 2018: Revenue of $12.6M, expenses of $14.1M, and assets of $23.6M (revenue -14.7% year-over-year).
- 2017: Revenue of $14.8M, expenses of $14.5M, and assets of $26.0M (revenue +8.6% year-over-year).
- 2016: Revenue of $13.6M, expenses of $14.3M, and assets of $24.9M (revenue -12.3% year-over-year).
- 2015: Revenue of $15.5M, expenses of $15.1M, and assets of $25.4M (revenue -5.0% year-over-year).
- 2014: Revenue of $16.3M, expenses of $17.3M, and assets of $26.5M (revenue +28.2% year-over-year).
- 2013: Revenue of $12.8M, expenses of $18.6M, and assets of $29.1M (revenue -14.8% year-over-year).
- 2012: Revenue of $15.0M, expenses of $18.8M, and assets of $34.3M (revenue -5.8% year-over-year).
- 2011: Revenue of $15.9M, expenses of $21.9M, and assets of $37.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for District Council 1707 Home Care Employers Health And Welfare Fund:
Data Sources and Methodology
This transparency report for District Council 1707 Home Care Employers Health And Welfare 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.