Half Hollow Hills Teachers Association Welfare Trust Fund
Half Hollow Hills Teachers Association Welfare Trust Fund demonstrates consistent revenue, asset growth, and no reported officer compensation.
EIN: 204078514 · Commack, NY · NTEE: Y44 · Updated: 2026-03-28
About Half Hollow Hills Teachers Association Welfare Trust Fund
Half Hollow Hills Teachers Association Welfare Trust Fund (EIN: 204078514) is a nonprofit organization based in Commack, NY, classified under NTEE code Y44. The organization reported total revenue of $2.0M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Half Hollow Hills Teachers Association Welfare Trust Fund'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 Half Hollow Hills Teachers Association Welfare Trust Fund with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Half Hollow Hills Teachers Association Welfare Trust Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is a positive indicator for minimizing administrative overhead.
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 Half Hollow Hills Teachers Association Welfare Trust Fund:
- Consistent revenue generation, averaging over $1.8 million annually.
- Significant and consistent growth in assets, from $165,387 in 2014 to $1,829,597 in 2023.
- No reported officer compensation, indicating low administrative overhead related to executive pay.
- Consistent positive net income, with revenues generally exceeding expenses.
- Regular and timely IRS 990 filings, demonstrating good transparency.
Frequently Asked Questions about Half Hollow Hills Teachers Association Welfare Trust Fund
What specific welfare benefits does the trust fund provide?
Based on the NTEE code Y44 (Employee & Union Related Organizations) and the nature of a 'Welfare Trust Fund,' it likely provides health, retirement, or other benefits to members of the Half Hollow Hills Teachers Association. The 990 filings do not detail specific benefit types, but the high program spending suggests direct benefit distribution.
How does the organization manage its growing assets?
The significant increase in assets from $165,387 in 2014 to $1,829,597 in 2023 suggests a strategy of accumulating reserves, likely for future benefit obligations or investment. Further details on investment strategies would require reviewing the full 990 forms for investment schedules.
Are there any related organizations or entities?
As a 'Welfare Trust Fund' for a 'Teachers Association,' it is inherently related to the Half Hollow Hills Teachers Association. The 990 filings would typically disclose any other related organizations or transactions.
Filing History
IRS 990 filing history for Half Hollow Hills Teachers Association Welfare Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Half Hollow Hills Teachers Association Welfare Trust Fund's revenue has grown by 14.8%, moving from $1.6M to $1.9M. Total assets increased by 370.8% over the same period, from $389K to $1.8M. Total functional expenses fell by 12.5%, from $2.0M to $1.8M. In its most recent filing year (2023), Half Hollow Hills Teachers Association Welfare Trust Fund reported a surplus of $127K, with revenue exceeding expenses. The organization holds $763K in liabilities against $1.8M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $1.8M | $763K | — | View 990 |
| 2022 | $1.9M | $1.7M | $1.5M | $562K | — | View 990 |
| 2021 | $1.9M | $1.8M | $1.1M | $463K | — | View 990 |
| 2020 | $1.9M | $1.6M | $1.0M | $448K | — | View 990 |
| 2019 | $1.9M | $1.8M | $952K | $711K | — | View 990 |
| 2018 | $1.8M | $1.7M | $718K | $528K | — | View 990 |
| 2017 | $1.7M | $1.6M | $537K | $389K | — | View 990 |
| 2016 | $1.8M | $1.7M | $527K | $551K | — | View 990 |
| 2015 | $1.8M | $1.7M | $427K | $564K | — | View 990 |
| 2014 | $1.9M | $1.8M | $165K | $389K | — | View 990 |
| 2013 | $1.7M | $1.9M | $226K | $560K | — | View 990 |
| 2012 | $1.7M | $1.8M | $227K | $383K | — | View 990 |
| 2011 | $1.6M | $2.0M | $389K | $433K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $1.8M (revenue -1.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.7M, and assets of $1.5M (revenue +1.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $1.1M (revenue -0.7% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $1.0M (revenue +2.4% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $952K (revenue +5.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $718K (revenue +1.4% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $537K (revenue -2.6% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $527K (revenue +1.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $427K (revenue -8.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $165K (revenue +14.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.9M, and assets of $226K (revenue +1.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.8M, and assets of $227K (revenue +1.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $2.0M, and assets of $389K.
Data Sources and Methodology
This transparency report for Half Hollow Hills Teachers Association Welfare Trust 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.