Health & Welfare Trust Fund United Paper Workers Intl Union
Health & Welfare Trust Fund consistently spends more than it earns, drawing on assets, with no reported executive compensation.
EIN: 135661101 · Barnegat, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $149K |
| Program Spending | 90% |
| Net Assets | $622K |
| Transparency Score | 85/100 |
Is Health & Welfare Trust Fund United Paper Workers Intl Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Health & Welfare Trust Fund United Paper Workers Intl Union directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health & Welfare Trust Fund United Paper Workers Intl Union
Health & Welfare Trust Fund United Paper Workers Intl Union (EIN: 135661101) is a nonprofit organization based in Barnegat, NJ. The organization reported total revenue of $185K and total assets of $757K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health & Welfare Trust Fund United Paper Workers Intl Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health & Welfare Trust Fund United Paper Workers Intl Union is a small nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $149K |
| Surplus / Deficit | $-11,353 |
| Total Assets | $726K |
| Total Liabilities | $104K |
| Net Assets | $622K |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 58.6 months |
Financial Health Grade: B
In 2023, Health & Welfare Trust Fund United Paper Workers Intl Union reported a deficit of $11K with expenses exceeding revenue, holds 58.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health & Welfare Trust Fund United Paper Workers Intl Union's revenue has declined at a compound annual growth rate (CAGR) of -20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +1.6% | -9.9% |
| 2022 | +10.4% | +5.1% | -1.9% |
| 2021 | +88.6% | -7.7% | +17.8% |
| 2020 | -29.1% | +11.9% | -15.6% |
| 2019 | -22.3% | -15.6% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 & Welfare Trust Fund United Paper Workers Intl Union 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: 90%
- fundraising: 0%
According to IRS 990 filings, Health & Welfare Trust Fund United Paper Workers Intl Union allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size and suggests either a volunteer-led executive team or that compensation is handled through an affiliated entity, which would require further investigation.
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 & Welfare Trust Fund United Paper Workers Intl Union's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, such as $148,537 expenses vs $137,184 revenue in 202303.
- Dramatic decrease in revenue and expenses after 2016, from millions to hundreds of thousands, without clear explanation.
- Unusually low liabilities relative to assets in some periods (e.g., $6,134 liabilities vs $1,057,904 assets in 201403), which could indicate a specific financial structure or limited financial obligations.
Strengths
The following positive indicators were identified for Health & Welfare Trust Fund United Paper Workers Intl Union:
- Zero reported officer compensation across all filing periods, indicating high direct program spending or volunteer leadership.
- Consistent filing of IRS Form 990s for 13 periods, demonstrating strong transparency and accountability.
- Maintains a substantial asset base (e.g., $756,883 latest assets), providing financial stability despite operating deficits.
Frequently Asked Questions about Health & Welfare Trust Fund United Paper Workers Intl Union
Is Health & Welfare Trust Fund United Paper Workers Intl Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Health & Welfare Trust Fund United Paper Workers Intl Union (EIN: 135661101) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Health & Welfare Trust Fund United Paper Workers Intl Union spend its money?
Health & Welfare Trust Fund United Paper Workers Intl Union directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Health & Welfare Trust Fund United Paper Workers Intl Union tax-deductible?
Health & Welfare Trust Fund United Paper Workers Intl Union is registered as a tax-exempt nonprofit (EIN: 135661101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health & Welfare Trust Fund United Paper Workers Intl Union located?
Health & Welfare Trust Fund United Paper Workers Intl Union is headquartered in Barnegat, New Jersey and files with the IRS under EIN 135661101.
How many years of IRS 990 filings does Health & Welfare Trust Fund United Paper Workers Intl Union have?
Health & Welfare Trust Fund United Paper Workers Intl Union 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 $185K in total revenue.
Is Health & Welfare Trust Fund United Paper Workers Intl Union a good charity?
Based on the provided data, the organization exhibits strong program focus due to 0% officer compensation and consistent financial reporting. However, the consistent deficit spending (expenses exceeding revenue) in recent years, such as $148,537 expenses vs $137,184 revenue in 202303, suggests it may not be financially sustainable in the long term without drawing down assets or increasing revenue.
Why did the organization's revenue and expenses drop so dramatically after 2016?
The data shows a significant decrease in revenue and expenses from millions (e.g., $1,952,319 revenue in 201603) to hundreds of thousands (e.g., $137,184 revenue in 202303). This drastic change suggests a fundamental shift in the organization's operations, scope, or funding model, which is not explained by the provided data and would require further inquiry into their activities or a change in the trust's beneficiaries or purpose.
How does the organization cover its consistent operating deficits?
The organization consistently reports expenses exceeding revenue in recent years (e.g., 202303, 202203, 202103). This indicates that it is likely covering these deficits by utilizing its existing assets, which have fluctuated but remained substantial (e.g., $725,973 in 202303), or by drawing on reserves from prior periods of surplus.
Filing History
IRS 990 filing history for Health & Welfare Trust Fund United Paper Workers Intl Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health & Welfare Trust Fund United Paper Workers Intl Union's revenue has declined by 93.7%, moving from $2.2M to $137K. Total assets decreased by 70.9% over the same period, from $2.5M to $726K. Total functional expenses fell by 93.6%, from $2.3M to $149K. In its most recent filing year (2023), Health & Welfare Trust Fund United Paper Workers Intl Union reported a deficit of $11K, with expenses exceeding revenue. The organization holds $104K in liabilities against $726K in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $622K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $137K | $149K | $726K | $104K | — | View 990 |
| 2022 | $139K | $146K | $806K | $110K | — | View 990 |
| 2021 | $126K | $139K | $822K | $108K | — | — |
| 2020 | $67K | $151K | $698K | $120K | — | — |
| 2019 | $95K | $135K | $827K | $129K | — | View 990 |
| 2018 | $122K | $159K | $876K | $136K | — | View 990 |
| 2017 | $950K | $1.3M | $934K | $143K | — | View 990 |
| 2016 | $2.0M | $1.7M | $1.2M | $148K | — | View 990 |
| 2015 | $2.2M | $2.4M | $1.0M | $161K | — | View 990 |
| 2014 | $1.9M | $1.9M | $1.1M | $6K | — | View 990 |
| 2013 | $2.1M | $2.4M | $1.1M | $6K | — | View 990 |
| 2012 | $2.1M | $2.7M | $1.9M | $475K | — | View 990 |
| 2011 | $2.2M | $2.3M | $2.5M | $509K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137K, expenses of $149K, and assets of $726K (revenue -1.6% year-over-year).
- 2022: Revenue of $139K, expenses of $146K, and assets of $806K (revenue +10.4% year-over-year).
- 2021: Revenue of $126K, expenses of $139K, and assets of $822K (revenue +88.6% year-over-year).
- 2020: Revenue of $67K, expenses of $151K, and assets of $698K (revenue -29.1% year-over-year).
- 2019: Revenue of $95K, expenses of $135K, and assets of $827K (revenue -22.3% year-over-year).
- 2018: Revenue of $122K, expenses of $159K, and assets of $876K (revenue -87.2% year-over-year).
- 2017: Revenue of $950K, expenses of $1.3M, and assets of $934K (revenue -51.4% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.7M, and assets of $1.2M (revenue -12.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.4M, and assets of $1.0M (revenue +16.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $1.1M (revenue -8.7% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.4M, and assets of $1.1M (revenue +0.9% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.7M, and assets of $1.9M (revenue -4.9% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.3M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health & Welfare Trust Fund United Paper Workers Intl Union:
Data Sources and Methodology
This transparency report for Health & Welfare Trust Fund United Paper Workers Intl Union 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.