Health & Benefits Trusr Fund Iuoe
Health & Benefits Trust Fund IUOE shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 136674743 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $547.1M |
| Total Expenses | $175.5M |
| Program Spending | 85% |
| Net Assets | $550.3M |
| Transparency Score | 85/100 |
Is Health & Benefits Trusr Fund Iuoe Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Health & Benefits Trusr Fund Iuoe directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health & Benefits Trusr Fund Iuoe
Health & Benefits Trusr Fund Iuoe (EIN: 136674743) is a nonprofit organization based in New York, NY. The organization reported total revenue of $547.1M and total assets of $637.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health & Benefits Trusr Fund Iuoe's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health & Benefits Trusr Fund Iuoe is a major nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $210.0M |
| Total Expenses | $175.5M |
| Surplus / Deficit | +$34.5M |
| Total Assets | $569.8M |
| Total Liabilities | $19.5M |
| Net Assets | $550.3M |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 39.0 months |
Financial Health Grade: A
In 2023, Health & Benefits Trusr Fund Iuoe reported a surplus of $34.5M with revenue exceeding expenses, holds 39.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health & Benefits Trusr Fund Iuoe's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +10.1% | +17.8% |
| 2022 | +0.4% | +3.4% | -4.1% |
| 2021 | +16.1% | +18.5% | +13.3% |
| 2020 | +2.6% | -8.3% | +20.3% |
| 2019 | +9.8% | +6.7% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Health & Benefits Trusr Fund Iuoe with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Health & Benefits Trusr Fund Iuoe allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive direct compensation from the organization, which is highly commendable for an entity of its size with over half a billion dollars in assets.
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 Health & Benefits Trusr Fund Iuoe's IRS 990 filings:
- NTEE Code is unknown, making it difficult to assess programmatic alignment and impact without further information.
Strengths
The following positive indicators were identified for Health & Benefits Trusr Fund Iuoe:
- Consistent revenue growth, from $143,024,757 in 2014 to $210,030,138 in 2023.
- Significant and growing asset base, reaching $569,780,531 in 2023, indicating strong financial health.
- Zero reported officer compensation across all filings, demonstrating high transparency and commitment to mission.
- Healthy financial surplus, with revenues consistently exceeding expenses (e.g., $210M revenue vs. $175M expenses in 2023).
- Low liabilities relative to assets, indicating strong financial stability and low risk.
Frequently Asked Questions about Health & Benefits Trusr Fund Iuoe
Is Health & Benefits Trusr Fund Iuoe a legitimate charity?
Health & Benefits Trusr Fund Iuoe (EIN: 136674743) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $547.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Health & Benefits Trusr Fund Iuoe spend its money?
Health & Benefits Trusr Fund Iuoe directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Health & Benefits Trusr Fund Iuoe tax-deductible?
Health & Benefits Trusr Fund Iuoe is registered as a tax-exempt nonprofit (EIN: 136674743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Health & Benefits Trusr Fund Iuoe's spending goes to programs?
Health & Benefits Trusr Fund Iuoe directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Health & Benefits Trusr Fund Iuoe located?
Health & Benefits Trusr Fund Iuoe is headquartered in New York, New York and files with the IRS under EIN 136674743.
How many years of IRS 990 filings does Health & Benefits Trusr Fund Iuoe have?
Health & Benefits Trusr Fund Iuoe 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 $547.1M in total revenue.
What specific benefits and programs does Health & Benefits Trust Fund IUOE provide?
The provided data does not detail the specific benefits or programs offered by the trust fund, only its financial aggregates. Further investigation into its mission statement or detailed IRS Form 990 filings would be necessary to understand its programmatic activities.
How does the organization manage its significant asset base of over $569 million?
The consistent growth in assets from $227,676,502 in 2014 to $569,780,531 in 2023 suggests effective investment and financial management strategies, though specific details of asset allocation are not available in this summary.
What is the primary source of the organization's substantial revenue?
While the data shows consistent and growing revenue, the specific sources (e.g., contributions, investment income, service fees) are not detailed in this summary. Given it's a 'Trust Fund', contributions from members or employers are likely significant.
Filing History
IRS 990 filing history for Health & Benefits Trusr Fund Iuoe showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health & Benefits Trusr Fund Iuoe's revenue has grown by 112%, moving from $99.1M to $210.0M. Total assets increased by 282.6% over the same period, from $148.9M to $569.8M. Total functional expenses rose by 116.9%, from $80.9M to $175.5M. In its most recent filing year (2023), Health & Benefits Trusr Fund Iuoe reported a surplus of $34.5M, with revenue exceeding expenses. The organization holds $19.5M in liabilities against $569.8M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $550.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $210.0M | $175.5M | $569.8M | $19.5M | — | — |
| 2022 | $205.9M | $159.5M | $483.8M | $19.8M | — | — |
| 2021 | $205.1M | $154.3M | $504.7M | $19.9M | — | View 990 |
| 2020 | $176.7M | $130.2M | $445.6M | $17.9M | — | — |
| 2019 | $172.2M | $141.9M | $370.2M | $13.4M | — | View 990 |
| 2018 | $156.8M | $133.1M | $315.5M | $13.8M | — | View 990 |
| 2017 | $145.6M | $120.0M | $306.4M | $13.5M | — | View 990 |
| 2016 | $140.1M | $117.2M | $267.9M | $13.2M | — | View 990 |
| 2015 | $125.3M | $106.6M | $240.3M | $11.6M | — | View 990 |
| 2014 | $143.0M | $100.6M | $227.7M | $11.8M | — | View 990 |
| 2013 | $106.5M | $95.0M | $181.9M | $10.2M | — | View 990 |
| 2012 | $104.4M | $83.5M | $173.5M | $10.9M | — | View 990 |
| 2011 | $99.1M | $80.9M | $148.9M | $7.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210.0M, expenses of $175.5M, and assets of $569.8M (revenue +2.0% year-over-year).
- 2022: Revenue of $205.9M, expenses of $159.5M, and assets of $483.8M (revenue +0.4% year-over-year).
- 2021: Revenue of $205.1M, expenses of $154.3M, and assets of $504.7M (revenue +16.1% year-over-year).
- 2020: Revenue of $176.7M, expenses of $130.2M, and assets of $445.6M (revenue +2.6% year-over-year).
- 2019: Revenue of $172.2M, expenses of $141.9M, and assets of $370.2M (revenue +9.8% year-over-year).
- 2018: Revenue of $156.8M, expenses of $133.1M, and assets of $315.5M (revenue +7.7% year-over-year).
- 2017: Revenue of $145.6M, expenses of $120.0M, and assets of $306.4M (revenue +3.9% year-over-year).
- 2016: Revenue of $140.1M, expenses of $117.2M, and assets of $267.9M (revenue +11.9% year-over-year).
- 2015: Revenue of $125.3M, expenses of $106.6M, and assets of $240.3M (revenue -12.4% year-over-year).
- 2014: Revenue of $143.0M, expenses of $100.6M, and assets of $227.7M (revenue +34.3% year-over-year).
- 2013: Revenue of $106.5M, expenses of $95.0M, and assets of $181.9M (revenue +2.1% year-over-year).
- 2012: Revenue of $104.4M, expenses of $83.5M, and assets of $173.5M (revenue +5.3% year-over-year).
- 2011: Revenue of $99.1M, expenses of $80.9M, and assets of $148.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health & Benefits Trusr Fund Iuoe:
Data Sources and Methodology
This transparency report for Health & Benefits Trusr Fund Iuoe 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.