Golub Corporation Employees Benefit Trust
Golub Corporation Employees Benefit Trust: Stable Operations, Minimal Overhead
EIN: 222690267 · Schenectady, NY · Updated: 2026-04-04
Is Golub Corporation Employees Benefit Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Golub Corporation Employees Benefit Trust directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Golub Corporation Employees Benefit Trust
Golub Corporation Employees Benefit Trust (EIN: 222690267) is a nonprofit organization based in Schenectady, NY. The organization reported total revenue of $48.1M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Golub Corporation Employees Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Golub Corporation Employees Benefit Trust with a Mission Score of 75 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Golub Corporation Employees Benefit Trust allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported at $0 across all available filings, indicating that the trust operates without paid executive staff, aligning with its benefit-focused mission.
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.
Strengths
The following positive indicators were identified for Golub Corporation Employees Benefit Trust:
- Consistently reports 0% compensation, ensuring all funds are directed to beneficiaries.
- Stable asset management with consistent revenue streams over multiple years.
- Clear and transparent financial reporting with readily available data.
- Low administrative overhead, maximizing impact for beneficiaries.
Frequently Asked Questions about Golub Corporation Employees Benefit Trust
Is Golub Corporation Employees Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Golub Corporation Employees Benefit Trust (EIN: 222690267) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Golub Corporation Employees Benefit Trust spend its money?
Golub Corporation Employees Benefit Trust directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Golub Corporation Employees Benefit Trust tax-deductible?
Golub Corporation Employees Benefit Trust is registered as a tax-exempt nonprofit (EIN: 222690267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Golub Corporation Employees Benefit Trust do?
Golub Corporation Employees Benefit Trust is a nonprofit organization in the Unknown sector, located in Schenectady, New York. It is classified under NTEE code Unknown.
How much revenue does Golub Corporation Employees Benefit Trust have?
Golub Corporation Employees Benefit Trust reported total revenue of $48,110,484. Based on 11 IRS 990 filings on record.
What are Golub Corporation Employees Benefit Trust's total assets?
Golub Corporation Employees Benefit Trust holds total assets of $3,772,702 as reported in IRS 990 filings.
Where is Golub Corporation Employees Benefit Trust located?
Golub Corporation Employees Benefit Trust is based in Schenectady, New York.
What is Golub Corporation Employees Benefit Trust's EIN?
Golub Corporation Employees Benefit Trust's Employer Identification Number (EIN) is 222690267. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Golub Corporation Employees Benefit Trust?
Golub Corporation Employees Benefit Trust is classified under NTEE code Unknown (Unknown).
Is Golub Corporation Employees Benefit Trust a registered 501(c)(3)?
Golub Corporation Employees Benefit Trust appears in IRS records (EIN: 222690267). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Golub Corporation Employees Benefit Trust file IRS Form 990?
Yes, Golub Corporation Employees Benefit Trust has 11 IRS Form 990 filings on record. The most recent covers tax period 202103.
What was Golub Corporation Employees Benefit Trust's revenue in 2021?
In the 202103 filing period, Golub Corporation Employees Benefit Trust reported total revenue of $48,110,484, total expenses of $48,110,484, and net assets of $3,772,702.
Is Golub Corporation Employees Benefit Trust's revenue growing or declining?
Golub Corporation Employees Benefit Trust's revenue is declining. Revenue went from $54,817,207 (202003) to $48,110,484 (202103), a -12.2% change. Based on 11 filings on record.
What is Golub Corporation Employees Benefit Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Golub Corporation Employees Benefit Trust covers tax period 202103. It shows revenue of $48,110,484, expenses of $48,110,484, total assets of $3,772,702, and liabilities of $3,772,698.
How much does Golub Corporation Employees Benefit Trust spend on programs vs administration?
Based on IRS 990 analysis, Golub Corporation Employees Benefit Trust allocates approximately 99% of expenses to program services, 1% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Golub Corporation Employees Benefit Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Golub Corporation Employees Benefit Trust appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Golub Corporation Employees Benefit Trust's strengths?
Positive indicators for Golub Corporation Employees Benefit Trust include: Consistently reports 0% compensation, ensuring all funds are directed to beneficiaries.. Stable asset management with consistent revenue streams over multiple years.. Clear and transparent financial reporting with readily available data.. Low administrative overhead, maximizing impact for beneficiaries.. These findings are derived from AI analysis of the organization's financial filings.
How does Golub Corporation Employees Benefit Trust compensate executives?
Executive compensation is reported at $0 across all available filings, indicating that the trust operates without paid executive staff, aligning with its benefit-focused mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Golub Corporation Employees Benefit Trust?
• The organization consistently reports 0% compensation, indicating all revenue directly supports its benefit trust purpose. • Financial filings are consistently available and show a clear trend of revenue and asset management. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 0% compensation and the nature of an 'Employees Benefit Trust,' what specific mechanisms are in place to ensure the trust's administrative functions (e.g., record-keeping, compliance) are effectively managed without paid staff?
The trust likely leverages existing corporate infrastructure and personnel from Golub Corporation for administrative support, or it may be managed by a volunteer board, with any direct costs absorbed by the corporation rather than the trust itself. This arrangement allows the trust to report zero compensation while still fulfilling its operational needs.
Filing History
IRS 990 filing history for Golub Corporation Employees Benefit Trust showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Golub Corporation Employees Benefit Trust's revenue has declined by 21.1%, moving from $60.9M to $48.1M. Total assets decreased by 39.7% over the same period, from $6.3M to $3.8M. Total functional expenses fell by 21.1%, from $60.9M to $48.1M. In its most recent filing year (2021), Golub Corporation Employees Benefit Trust reported a surplus of $0, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $3.8M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $4.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $48.1M | $48.1M | $3.8M | $3.8M | — | View 990 |
| 2020 | $54.8M | $54.8M | $4.1M | $4.1M | — | View 990 |
| 2019 | $58.2M | $58.2M | $4.9M | $4.9M | — | View 990 |
| 2018 | $60.1M | $60.1M | $4.7M | $4.7M | — | View 990 |
| 2017 | $60.7M | $60.7M | $4.8M | $4.8M | — | View 990 |
| 2016 | $66.0M | $66.0M | $5.5M | $5.5M | — | View 990 |
| 2015 | $66.1M | $66.1M | $8.1M | $8.0M | — | View 990 |
| 2014 | $72.4M | $72.3M | $8.5M | $8.5M | — | View 990 |
| 2013 | $73.0M | $73.0M | $8.6M | $8.6M | — | View 990 |
| 2012 | $66.3M | $66.3M | $7.8M | $7.8M | — | View 990 |
| 2011 | $60.9M | $60.9M | $6.3M | $6.2M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $48.1M, expenses of $48.1M, and assets of $3.8M (revenue -12.2% year-over-year).
- 2020: Revenue of $54.8M, expenses of $54.8M, and assets of $4.1M (revenue -5.7% year-over-year).
- 2019: Revenue of $58.2M, expenses of $58.2M, and assets of $4.9M (revenue -3.2% year-over-year).
- 2018: Revenue of $60.1M, expenses of $60.1M, and assets of $4.7M (revenue -1.0% year-over-year).
- 2017: Revenue of $60.7M, expenses of $60.7M, and assets of $4.8M (revenue -8.0% year-over-year).
- 2016: Revenue of $66.0M, expenses of $66.0M, and assets of $5.5M (revenue -0.1% year-over-year).
- 2015: Revenue of $66.1M, expenses of $66.1M, and assets of $8.1M (revenue -8.7% year-over-year).
- 2014: Revenue of $72.4M, expenses of $72.3M, and assets of $8.5M (revenue -0.9% year-over-year).
- 2013: Revenue of $73.0M, expenses of $73.0M, and assets of $8.6M (revenue +10.2% year-over-year).
- 2012: Revenue of $66.3M, expenses of $66.3M, and assets of $7.8M (revenue +8.8% year-over-year).
- 2011: Revenue of $60.9M, expenses of $60.9M, and assets of $6.3M.
Data Sources and Methodology
This transparency report for Golub Corporation Employees Benefit Trust 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.