Greenwich Municipal Employees Association Inc
Greenwich Municipal Employees Association: Stable Finances, Limited Program Spending
EIN: 223048370 · Greenwich, CT · NTEE: J40Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $26K |
| Net Assets | $422K |
| Transparency Score | 65/100 |
Is Greenwich Municipal Employees Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greenwich Municipal Employees Association Inc
Greenwich Municipal Employees Association Inc (EIN: 223048370) is a nonprofit organization based in Greenwich, CT, classified under NTEE code J40Z. The organization reported total revenue of $70K and total assets of $408K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenwich Municipal Employees Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenwich Municipal Employees Association Inc is a micro nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $26K |
| Surplus / Deficit | +$53K |
| Total Assets | $422K |
| Net Assets | $422K |
| Operating Margin | 67.2% |
| Months of Reserves | 197.5 months |
Financial Health Grade: A
In 2023, Greenwich Municipal Employees Association Inc reported a surplus of $53K with revenue exceeding expenses, holds 197.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Greenwich Municipal Employees Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | -12.3% | +15.3% |
| 2022 | -5.3% | -37.2% | +17.8% |
| 2021 | -6.3% | -43.8% | +14.0% |
| 2020 | -4.6% | -1.5% | +6.9% |
| 2019 | -1.7% | +44.0% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1990 |
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 Greenwich Municipal Employees Association Inc with a Mission Score of 65 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: 33%
- programs: 0%
- fundraising: 67%
According to IRS 990 filings, Greenwich Municipal Employees Association Inc allocates its expenses as follows: admin: 33%, programs: 0%, fundraising: 67%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, as indicated by 'x' values representing total expenses rather than specific compensation figures.
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 Greenwich Municipal Employees Association Inc's IRS 990 filings:
- Zero reported program service expenses across all available years, raising questions about direct charitable impact.
- Consistent decline in revenue from $104,503 in 2016 to $69,792 in 2023.
- Significant portion of expenses allocated to administrative and fundraising activities given the lack of program spending.
Strengths
The following positive indicators were identified for Greenwich Municipal Employees Association Inc:
- Consistent asset growth from $283,256 in 2016 to $408,207 in 2023, indicating financial stability.
- Low liabilities (l0) across all reported years, suggesting a healthy balance sheet.
Frequently Asked Questions about Greenwich Municipal Employees Association Inc
Is Greenwich Municipal Employees Association Inc a legitimate charity?
Greenwich Municipal Employees Association Inc (EIN: 223048370) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $70K. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Greenwich Municipal Employees Association Inc spend its money?
Greenwich Municipal Employees Association Inc reported $70K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greenwich Municipal Employees Association Inc tax-deductible?
Greenwich Municipal Employees Association Inc is registered as a tax-exempt nonprofit (EIN: 223048370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Greenwich Municipal Employees Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Greenwich Municipal Employees Association Inc is above average for NTEE category J40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greenwich Municipal Employees Association Inc located?
Greenwich Municipal Employees Association Inc is headquartered in Greenwich, Connecticut and files with the IRS under EIN 223048370. It is classified under NTEE code J40Z.
How many years of IRS 990 filings does Greenwich Municipal Employees Association Inc have?
Greenwich Municipal Employees Association Inc has 12 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 $70K in total revenue.
What does Greenwich Municipal Employees Association Inc do?
Greenwich Municipal Employees Association Inc is a nonprofit organization in the Employment sector, located in Greenwich, Connecticut. It is classified under NTEE code J40Z.
How much revenue does Greenwich Municipal Employees Association Inc have?
Greenwich Municipal Employees Association Inc reported total revenue of $69,792. Based on 12 IRS 990 filings on record.
What are Greenwich Municipal Employees Association Inc's total assets?
Greenwich Municipal Employees Association Inc holds total assets of $408,207 as reported in IRS 990 filings.
Where is Greenwich Municipal Employees Association Inc located?
Greenwich Municipal Employees Association Inc is based in Greenwich, Connecticut.
What is Greenwich Municipal Employees Association Inc's EIN?
Greenwich Municipal Employees Association Inc's Employer Identification Number (EIN) is 223048370. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greenwich Municipal Employees Association Inc?
Greenwich Municipal Employees Association Inc is classified under NTEE code J40Z (Employment).
Is Greenwich Municipal Employees Association Inc a registered 501(c)(3)?
Yes, Greenwich Municipal Employees Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 223048370.
Does Greenwich Municipal Employees Association Inc file IRS Form 990?
Yes, Greenwich Municipal Employees Association Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Greenwich Municipal Employees Association Inc's revenue in 2023?
In the 202306 filing period, Greenwich Municipal Employees Association Inc reported total revenue of $78,229, total expenses of $25,662, and net assets of $422,440.
Is Greenwich Municipal Employees Association Inc's revenue growing or declining?
Greenwich Municipal Employees Association Inc's revenue is declining. Revenue went from $85,012 (202206) to $78,229 (202306), a -8.0% change. Based on 12 filings on record.
What is Greenwich Municipal Employees Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greenwich Municipal Employees Association Inc covers tax period 202306. It shows revenue of $78,229, expenses of $25,662, total assets of $422,440, and liabilities of N/A.
Is Greenwich Municipal Employees Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greenwich Municipal Employees Association Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Greenwich Municipal Employees Association Inc?
The following concerns were identified: Zero reported program service expenses across all available years, raising questions about direct charitable impact.. Consistent decline in revenue from $104,503 in 2016 to $69,792 in 2023.. Significant portion of expenses allocated to administrative and fundraising activities given the lack of program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Greenwich Municipal Employees Association Inc's strengths?
Positive indicators for Greenwich Municipal Employees Association Inc include: Consistent asset growth from $283,256 in 2016 to $408,207 in 2023, indicating financial stability.. Low liabilities (l0) across all reported years, suggesting a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Greenwich Municipal Employees Association Inc compensate executives?
Executive compensation is not reported in the provided data, as indicated by 'x' values representing total expenses rather than specific compensation figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Greenwich Municipal Employees Association Inc?
• The organization consistently reports 0% program service expenses, indicating no direct charitable activities. • Financial filings show a consistent decline in revenue over the past several years. • Assets have grown steadily despite declining revenue, suggesting accumulation rather than deployment. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of 0% program service expenses, what is the primary mechanism through which Greenwich Municipal Employees Association Inc. fulfills its mission?
Without direct program spending, the organization's mission fulfillment likely relies on indirect activities such as advocacy, member support, or maintaining a reserve for future initiatives, which are not detailed in the provided financial summary.
How does the organization justify its fundraising expenses, which were $25,662 in 2023, when no direct program services are reported?
The justification for fundraising expenses without direct program services is unclear. It suggests that funds are being raised for administrative overhead, asset accumulation, or potential future programs that are not currently active.
Filing History
IRS 990 filing history for Greenwich Municipal Employees Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Greenwich Municipal Employees Association Inc's revenue has declined by 26.3%, moving from $106K to $78K. Total assets increased by 560.1% over the same period, from $64K to $422K. Total functional expenses fell by 71.8%, from $91K to $26K. In its most recent filing year (2023), Greenwich Municipal Employees Association Inc reported a surplus of $53K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $26K | $422K | $0 | — | — |
| 2022 | $85K | $29K | $366K | $0 | — | — |
| 2021 | $90K | $47K | $311K | $0 | — | — |
| 2020 | $96K | $83K | $273K | $0 | — | — |
| 2019 | $100K | $84K | $255K | $0 | — | View 990 |
| 2018 | $102K | $59K | $253K | $0 | — | View 990 |
| 2017 | $102K | $169K | $217K | $0 | — | — |
| 2016 | $105K | $93K | $283K | $0 | — | View 990 |
| 2015 | $105K | $82K | $272K | $0 | — | View 990 |
| 2014 | $109K | $61K | $249K | $0 | — | View 990 |
| 2013 | $109K | $19K | $201K | $0 | — | View 990 |
| 2011 | $106K | $91K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $26K, and assets of $422K (revenue -8.0% year-over-year).
- 2022: Revenue of $85K, expenses of $29K, and assets of $366K (revenue -5.3% year-over-year).
- 2021: Revenue of $90K, expenses of $47K, and assets of $311K (revenue -6.3% year-over-year).
- 2020: Revenue of $96K, expenses of $83K, and assets of $273K (revenue -4.6% year-over-year).
- 2019: Revenue of $100K, expenses of $84K, and assets of $255K (revenue -1.7% year-over-year).
- 2018: Revenue of $102K, expenses of $59K, and assets of $253K (revenue -0.3% year-over-year).
- 2017: Revenue of $102K, expenses of $169K, and assets of $217K (revenue -1.9% year-over-year).
- 2016: Revenue of $105K, expenses of $93K, and assets of $283K (revenue -0.7% year-over-year).
- 2015: Revenue of $105K, expenses of $82K, and assets of $272K (revenue -3.4% year-over-year).
- 2014: Revenue of $109K, expenses of $61K, and assets of $249K (revenue -0.5% year-over-year).
- 2013: Revenue of $109K, expenses of $19K, and assets of $201K (revenue +3.0% year-over-year).
- 2011: Revenue of $106K, expenses of $91K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenwich Municipal Employees Association Inc:
Data Sources and Methodology
This transparency report for Greenwich Municipal Employees 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.