Elevator Constructors Building Association Inc
Elevator Constructors Building Association Inc: Stable Finances, Low Program Spending
EIN: 222943589 · Dorchester, MA · NTEE: J40Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $273K |
| Program Spending | 1% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.1M |
| Transparency Score | 45/100 |
Is Elevator Constructors Building Association Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elevator Constructors Building Association Inc directs 1% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Elevator Constructors Building Association Inc
Elevator Constructors Building Association Inc (EIN: 222943589) is a nonprofit organization based in Dorchester, MA, classified under NTEE code J40Z. The organization reported total revenue of $421K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elevator Constructors Building Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elevator Constructors Building Association Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $472K |
| Total Expenses | $273K |
| Surplus / Deficit | +$199K |
| Total Assets | $2.3M |
| Total Liabilities | $1.3M |
| Net Assets | $1.1M |
| Operating Margin | 42.1% |
| Debt-to-Asset Ratio | 54.2% |
| Months of Reserves | 103.2 months |
Financial Health Grade: A
In 2023, Elevator Constructors Building Association Inc reported a surplus of $199K with revenue exceeding expenses, holds 103.2 months of operating reserves (strong position), has a debt-to-asset ratio of 54.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elevator Constructors Building Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.4% | +0.8% | +4.0% |
| 2022 | +7.7% | -1.5% | -2.5% |
| 2021 | +5.1% | +1.9% | -3.6% |
| 2020 | +20.9% | -2.1% | -3.6% |
| 2019 | -25.1% | +2.2% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Elevator Constructors Building Association Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 99%
- programs: 1%
- fundraising: 0%
According to IRS 990 filings, Elevator Constructors Building Association Inc allocates its expenses as follows: admin: 99%, programs: 1%, fundraising: 0%. Only 1% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $199K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.2%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating no direct compensation to leadership from the organization's funds.
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 Elevator Constructors Building Association Inc's IRS 990 filings:
- Program service expenses are extremely low, averaging around 1% of total expenses, raising questions about direct charitable impact.
- The organization's primary activity appears to be holding assets rather than active program delivery.
- Revenue has fluctuated, with a notable increase in 2023 to $471,857, but expenses have remained relatively stable.
Strengths
The following positive indicators were identified for Elevator Constructors Building Association Inc:
- Consistent financial reporting over many years.
- Healthy asset base, with total assets at $2,347,862 in 2023.
- No reported executive compensation, which can be a positive for donor confidence.
Frequently Asked Questions about Elevator Constructors Building Association Inc
Is Elevator Constructors Building Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elevator Constructors Building Association Inc (EIN: 222943589) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Elevator Constructors Building Association Inc spend its money?
Elevator Constructors Building Association Inc directs 1% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elevator Constructors Building Association Inc tax-deductible?
Elevator Constructors Building Association Inc is registered as a tax-exempt nonprofit (EIN: 222943589). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elevator Constructors Building Association Inc CEO make?
Elevator Constructors Building Association Inc's highest-compensated officer earns $0 annually. The organization reported $421K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Elevator Constructors Building Association Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Elevator Constructors Building Association Inc is near average for NTEE category J40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elevator Constructors Building Association Inc located?
Elevator Constructors Building Association Inc is headquartered in Dorchester, Massachusetts and files with the IRS under EIN 222943589. It is classified under NTEE code J40Z.
How many years of IRS 990 filings does Elevator Constructors Building Association Inc have?
Elevator Constructors Building Association Inc 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 $421K in total revenue.
What does Elevator Constructors Building Association Inc do?
Elevator Constructors Building Association Inc is a nonprofit organization in the Employment sector, located in Dorchester, Massachusetts. It is classified under NTEE code J40Z.
How much revenue does Elevator Constructors Building Association Inc have?
Elevator Constructors Building Association Inc reported total revenue of $420,795. Based on 13 IRS 990 filings on record.
What are Elevator Constructors Building Association Inc's total assets?
Elevator Constructors Building Association Inc holds total assets of $2,391,789 as reported in IRS 990 filings.
Where is Elevator Constructors Building Association Inc located?
Elevator Constructors Building Association Inc is based in Dorchester, Massachusetts.
What is Elevator Constructors Building Association Inc's EIN?
Elevator Constructors Building Association Inc's Employer Identification Number (EIN) is 222943589. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Elevator Constructors Building Association Inc?
Elevator Constructors Building Association Inc is classified under NTEE code J40Z (Employment).
Is Elevator Constructors Building Association Inc a registered 501(c)(3)?
Yes, Elevator Constructors Building Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222943589.
Does Elevator Constructors Building Association Inc file IRS Form 990?
Yes, Elevator Constructors Building Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Elevator Constructors Building Association Inc's revenue in 2023?
In the 202312 filing period, Elevator Constructors Building Association Inc reported total revenue of $471,857, total expenses of $273,124, and net assets of $2,347,862.
Is Elevator Constructors Building Association Inc's revenue growing or declining?
Elevator Constructors Building Association Inc's revenue is growing. Revenue went from $311,732 (202212) to $471,857 (202312), a +51.4% change. Based on 13 filings on record.
What is Elevator Constructors Building Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Elevator Constructors Building Association Inc covers tax period 202312. It shows revenue of $471,857, expenses of $273,124, total assets of $2,347,862, and liabilities of $1,272,815.
How much does Elevator Constructors Building Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Elevator Constructors Building Association Inc allocates approximately 1% of expenses to program services, 99% to administrative costs, and 0% to fundraising. Overhead costs appear high relative to program spending.
Is Elevator Constructors Building Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Elevator Constructors Building Association Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Elevator Constructors Building Association Inc?
The following concerns were identified: Program service expenses are extremely low, averaging around 1% of total expenses, raising questions about direct charitable impact.. The organization's primary activity appears to be holding assets rather than active program delivery.. Revenue has fluctuated, with a notable increase in 2023 to $471,857, but expenses have remained relatively stable.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Elevator Constructors Building Association Inc's strengths?
Positive indicators for Elevator Constructors Building Association Inc include: Consistent financial reporting over many years.. Healthy asset base, with total assets at $2,347,862 in 2023.. No reported executive compensation, which can be a positive for donor confidence.. These findings are derived from AI analysis of the organization's financial filings.
How does Elevator Constructors Building Association Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating no direct compensation to leadership from the organization's funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the minimal program service expenses (e.g., $2,731 in 2023) and significant assets, what is the primary purpose or benefit the organization provides?
The organization's name suggests a connection to elevator constructors, and its financial structure points towards asset holding, possibly for a specific group or future purpose, rather than broad public programming.
Filing History
IRS 990 filing history for Elevator Constructors Building Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elevator Constructors Building Association Inc's revenue has grown by 98.8%, moving from $237K to $472K. Total assets decreased by 18.7% over the same period, from $2.9M to $2.3M. Total functional expenses rose by 22.5%, from $223K to $273K. In its most recent filing year (2023), Elevator Constructors Building Association Inc reported a surplus of $199K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.3M in assets (debt-to-asset ratio: 54.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $472K | $273K | $2.3M | $1.3M | — | — |
| 2022 | $312K | $271K | $2.3M | $1.4M | — | View 990 |
| 2021 | $289K | $275K | $2.3M | $1.5M | — | View 990 |
| 2020 | $275K | $270K | $2.4M | $1.6M | — | View 990 |
| 2019 | $228K | $276K | $2.5M | $1.7M | — | — |
| 2018 | $304K | $270K | $2.6M | $1.7M | — | View 990 |
| 2017 | $235K | $262K | $2.7M | $1.8M | — | View 990 |
| 2016 | $246K | $239K | $2.8M | $1.9M | — | View 990 |
| 2015 | $264K | $186K | $2.8M | $2.0M | — | View 990 |
| 2014 | $175K | $213K | $2.7M | $1.9M | — | View 990 |
| 2013 | $222K | $248K | $2.7M | $1.9M | — | View 990 |
| 2012 | $174K | $220K | $2.8M | $2.0M | — | View 990 |
| 2011 | $237K | $223K | $2.9M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $472K, expenses of $273K, and assets of $2.3M (revenue +51.4% year-over-year).
- 2022: Revenue of $312K, expenses of $271K, and assets of $2.3M (revenue +7.7% year-over-year).
- 2021: Revenue of $289K, expenses of $275K, and assets of $2.3M (revenue +5.1% year-over-year).
- 2020: Revenue of $275K, expenses of $270K, and assets of $2.4M (revenue +20.9% year-over-year).
- 2019: Revenue of $228K, expenses of $276K, and assets of $2.5M (revenue -25.1% year-over-year).
- 2018: Revenue of $304K, expenses of $270K, and assets of $2.6M (revenue +29.6% year-over-year).
- 2017: Revenue of $235K, expenses of $262K, and assets of $2.7M (revenue -4.5% year-over-year).
- 2016: Revenue of $246K, expenses of $239K, and assets of $2.8M (revenue -6.9% year-over-year).
- 2015: Revenue of $264K, expenses of $186K, and assets of $2.8M (revenue +50.9% year-over-year).
- 2014: Revenue of $175K, expenses of $213K, and assets of $2.7M (revenue -21.4% year-over-year).
- 2013: Revenue of $222K, expenses of $248K, and assets of $2.7M (revenue +28.1% year-over-year).
- 2012: Revenue of $174K, expenses of $220K, and assets of $2.8M (revenue -26.8% year-over-year).
- 2011: Revenue of $237K, expenses of $223K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elevator Constructors Building Association Inc:
Data Sources and Methodology
This transparency report for Elevator Constructors Building Association Inc 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.