Electrical Workers Property Co
EIN: 386087804 · Detroit, MI
| Metric | Value |
|---|---|
| Total Revenue | $554K |
| Total Expenses | $560K |
| Net Assets | $1.6M |
Is Electrical Workers Property Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Electrical Workers Property Co
Electrical Workers Property Co (EIN: 386087804) is a nonprofit organization based in Detroit, MI. The organization reported total revenue of $554K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Electrical Workers Property Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Electrical Workers Property Co is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $569K |
| Total Expenses | $560K |
| Surplus / Deficit | +$9K |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 1.6% |
| Months of Reserves | 33.8 months |
Financial Health Grade: A
In 2023, Electrical Workers Property Co reported a surplus of $9K with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Electrical Workers Property Co's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | -0.2% | +0.6% |
| 2022 | +1.2% | +4.2% | -0.7% |
| 2021 | +0.1% | -5.2% | +0.3% |
| 2020 | -4.0% | +1.7% | -1.6% |
| 2019 | +1.5% | +26.5% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Electrical Workers Property Co has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Electrical Workers Property Co with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Frequently Asked Questions about Electrical Workers Property Co
Is Electrical Workers Property Co a legitimate charity?
Electrical Workers Property Co (EIN: 386087804) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $554K. No red flags identified. Financial health grade: A.
How does Electrical Workers Property Co spend its money?
Electrical Workers Property Co reported $554K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Electrical Workers Property Co tax-deductible?
Electrical Workers Property Co is registered as a tax-exempt nonprofit (EIN: 386087804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Electrical Workers Property Co located?
Electrical Workers Property Co is headquartered in Detroit, Michigan and files with the IRS under EIN 386087804.
How many years of IRS 990 filings does Electrical Workers Property Co have?
Electrical Workers Property Co 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 $554K in total revenue.
Filing History
IRS 990 filing history for Electrical Workers Property Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Electrical Workers Property Co's revenue has grown by 53.6%, moving from $370K to $569K. Total assets increased by 400.1% over the same period, from $315K to $1.6M. Total functional expenses rose by 19%, from $470K to $560K. In its most recent filing year (2023), Electrical Workers Property Co reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $569K | $560K | $1.6M | $0 | — | — |
| 2022 | $550K | $561K | $1.6M | $0 | — | View 990 |
| 2021 | $543K | $538K | $1.6M | $0 | — | View 990 |
| 2020 | $542K | $568K | $1.6M | $0 | — | — |
| 2019 | $565K | $559K | $1.6M | $0 | — | View 990 |
| 2018 | $557K | $442K | $1.6M | $0 | — | View 990 |
| 2017 | $554K | $524K | $1.5M | $0 | — | View 990 |
| 2016 | $544K | $369K | $1.4M | $0 | — | View 990 |
| 2015 | $553K | $371K | $1.3M | $0 | — | View 990 |
| 2014 | $554K | $403K | $1.1M | $0 | — | View 990 |
| 2013 | $698K | $366K | $939K | $0 | — | View 990 |
| 2012 | $724K | $432K | $607K | $0 | — | View 990 |
| 2011 | $370K | $470K | $315K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $569K, expenses of $560K, and assets of $1.6M (revenue +3.6% year-over-year).
- 2022: Revenue of $550K, expenses of $561K, and assets of $1.6M (revenue +1.2% year-over-year).
- 2021: Revenue of $543K, expenses of $538K, and assets of $1.6M (revenue +0.1% year-over-year).
- 2020: Revenue of $542K, expenses of $568K, and assets of $1.6M (revenue -4.0% year-over-year).
- 2019: Revenue of $565K, expenses of $559K, and assets of $1.6M (revenue +1.5% year-over-year).
- 2018: Revenue of $557K, expenses of $442K, and assets of $1.6M (revenue +0.5% year-over-year).
- 2017: Revenue of $554K, expenses of $524K, and assets of $1.5M (revenue +2.0% year-over-year).
- 2016: Revenue of $544K, expenses of $369K, and assets of $1.4M (revenue -1.6% year-over-year).
- 2015: Revenue of $553K, expenses of $371K, and assets of $1.3M (revenue -0.3% year-over-year).
- 2014: Revenue of $554K, expenses of $403K, and assets of $1.1M (revenue -20.6% year-over-year).
- 2013: Revenue of $698K, expenses of $366K, and assets of $939K (revenue -3.6% year-over-year).
- 2012: Revenue of $724K, expenses of $432K, and assets of $607K (revenue +95.5% year-over-year).
- 2011: Revenue of $370K, expenses of $470K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Electrical Workers Property Co:
Data Sources and Methodology
This transparency report for Electrical Workers Property Co 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.