District Council 37 Health And Security Fund
District Council 37 Health And Security Fund consistently balances revenue and expenses with zero reported officer compensation.
EIN: 136209963 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $219.0M |
| Total Expenses | $225.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is District Council 37 Health And Security 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 37 Health And Security Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About District Council 37 Health And Security Fund
District Council 37 Health And Security Fund (EIN: 136209963) is a nonprofit organization based in New York, NY. The organization reported total revenue of $219.0M and total assets of $108.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of District Council 37 Health And Security Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
District Council 37 Health And Security Fund is a major nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $225.0M |
| Total Expenses | $225.0M |
| Surplus / Deficit | +$0 |
| Total Assets | $93.9M |
| Total Liabilities | $93.9M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, District Council 37 Health And Security Fund reported a surplus of $0 with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), District Council 37 Health And Security Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.9% | -2.9% | +0.4% |
| 2022 | -2.4% | -2.4% | +14.6% |
| 2021 | +6.7% | +6.7% | +4.0% |
| 2020 | -0.9% | -0.9% | +8.8% |
| 2019 | -4.1% | -4.1% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 37 Health And Security Fund 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, District Council 37 Health And Security 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 $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity managing over $200 million in annual revenue. This suggests that executive compensation is either non-existent, paid by an affiliated entity, or structured in a way that is not reported in the standard officer compensation section of the 990.
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 37 Health And Security Fund's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) makes efficiency assessment difficult beyond the balanced budget.
- Consistent 0% officer compensation for an organization of this size is highly unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for District Council 37 Health And Security Fund:
- Consistent balanced budget (revenue equals expenses) indicates sound financial management and direct disbursement of funds.
- Steady growth in assets from $64M to $93M over the last decade, suggesting increasing capacity or funds under management.
- Zero reported officer compensation across all filings indicates a potential for very low overhead in leadership costs, or compensation handled by an affiliated entity.
- High transparency in reporting balanced revenue and expenses.
Frequently Asked Questions about District Council 37 Health And Security Fund
Is District Council 37 Health And Security Fund a legitimate charity?
District Council 37 Health And Security Fund (EIN: 136209963) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $219.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does District Council 37 Health And Security Fund spend its money?
District Council 37 Health And Security Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to District Council 37 Health And Security Fund tax-deductible?
District Council 37 Health And Security Fund is registered as a tax-exempt nonprofit (EIN: 136209963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the District Council 37 Health And Security Fund CEO make?
District Council 37 Health And Security Fund's highest-compensated officer earns $200 annually. The organization reported $219.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is District Council 37 Health And Security Fund located?
District Council 37 Health And Security Fund is headquartered in New York, New York and files with the IRS under EIN 136209963.
How many years of IRS 990 filings does District Council 37 Health And Security Fund have?
District Council 37 Health And Security 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 $219.0M in total revenue.
Is District Council 37 Health And Security Fund a good charity?
Based on the available data, the organization appears to be a well-managed fund with a consistent financial structure. Its balanced revenue and expenses, along with zero reported officer compensation, suggest a strong focus on its core purpose. However, without detailed program spending breakdowns, it's difficult to fully assess its 'charitable' impact in the traditional sense, as it functions more as a benefits administrator.
How does the organization manage to have 0% officer compensation with over $200M in revenue?
This is a significant anomaly. It's possible that officers are compensated by an affiliated entity (e.g., the union itself), are volunteers, or their compensation is categorized differently within the 990, such as under 'other salaries and wages' rather than 'officer compensation'.
What is the nature of the 'Liabilities' that perfectly match 'Assets' in every filing?
The perfect match between assets and liabilities suggests that the fund operates as a trust or fiduciary entity. The assets likely represent funds held on behalf of beneficiaries (e.g., for health benefits), which are offset by corresponding obligations to those beneficiaries, rather than representing the organization's own accumulated wealth.
What is the trend in the organization's financial size?
The organization's revenue has fluctuated but remained consistently above $200 million annually, with the latest reported revenue at $224,972,090. Its assets have shown a steady increase from $64,070,723 in 201406 to $93,870,050 in 202306, indicating growth in the funds it manages.
Filing History
IRS 990 filing history for District Council 37 Health And Security Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), District Council 37 Health And Security Fund's revenue has declined by 17.2%, moving from $271.7M to $225.0M. Total assets increased by 84.3% over the same period, from $50.9M to $93.9M. Total functional expenses fell by 17.2%, from $271.7M to $225.0M. In its most recent filing year (2023), District Council 37 Health And Security Fund reported a surplus of $0, with revenue exceeding expenses. The organization holds $93.9M in liabilities against $93.9M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $225.0M | $225.0M | $93.9M | $93.9M | — | View 990 |
| 2022 | $231.7M | $231.7M | $93.5M | $93.5M | — | View 990 |
| 2021 | $237.3M | $237.3M | $81.6M | $81.6M | — | View 990 |
| 2020 | $222.4M | $222.4M | $78.4M | $78.4M | — | View 990 |
| 2019 | $224.4M | $224.4M | $72.1M | $72.1M | — | View 990 |
| 2018 | $234.1M | $234.1M | $73.4M | $73.4M | — | View 990 |
| 2017 | $260.9M | $260.9M | $76.2M | $76.2M | — | View 990 |
| 2016 | $262.2M | $262.2M | $73.1M | $73.1M | — | View 990 |
| 2015 | $239.4M | $239.4M | $67.3M | $67.3M | — | View 990 |
| 2014 | $241.4M | $241.4M | $64.1M | $64.1M | — | View 990 |
| 2013 | $223.3M | $223.3M | $64.8M | $64.8M | — | View 990 |
| 2012 | $267.4M | $267.4M | $60.7M | $60.7M | — | View 990 |
| 2011 | $271.7M | $271.7M | $50.9M | $50.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225.0M, expenses of $225.0M, and assets of $93.9M (revenue -2.9% year-over-year).
- 2022: Revenue of $231.7M, expenses of $231.7M, and assets of $93.5M (revenue -2.4% year-over-year).
- 2021: Revenue of $237.3M, expenses of $237.3M, and assets of $81.6M (revenue +6.7% year-over-year).
- 2020: Revenue of $222.4M, expenses of $222.4M, and assets of $78.4M (revenue -0.9% year-over-year).
- 2019: Revenue of $224.4M, expenses of $224.4M, and assets of $72.1M (revenue -4.1% year-over-year).
- 2018: Revenue of $234.1M, expenses of $234.1M, and assets of $73.4M (revenue -10.3% year-over-year).
- 2017: Revenue of $260.9M, expenses of $260.9M, and assets of $76.2M (revenue -0.5% year-over-year).
- 2016: Revenue of $262.2M, expenses of $262.2M, and assets of $73.1M (revenue +9.5% year-over-year).
- 2015: Revenue of $239.4M, expenses of $239.4M, and assets of $67.3M (revenue -0.8% year-over-year).
- 2014: Revenue of $241.4M, expenses of $241.4M, and assets of $64.1M (revenue +8.1% year-over-year).
- 2013: Revenue of $223.3M, expenses of $223.3M, and assets of $64.8M (revenue -16.5% year-over-year).
- 2012: Revenue of $267.4M, expenses of $267.4M, and assets of $60.7M (revenue -1.6% year-over-year).
- 2011: Revenue of $271.7M, expenses of $271.7M, and assets of $50.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for District Council 37 Health And Security Fund:
Data Sources and Methodology
This transparency report for District Council 37 Health And Security 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.