Hospitalization Trust Fund Of The Electrical Manufacturing Industry
Hospitalization Trust Fund shows recent financial surplus after periods of deficit spending.
EIN: 136100908 · Flushing, NY · Updated: 2026-03-28
About Hospitalization Trust Fund Of The Electrical Manufacturing Industry
Hospitalization Trust Fund Of The Electrical Manufacturing Industry (EIN: 136100908) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $33.2M and total assets of $20.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospitalization Trust Fund Of The Electrical Manufacturing Industry'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 Hospitalization Trust Fund Of The Electrical Manufacturing Industry 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hospitalization Trust Fund Of The Electrical Manufacturing Industry allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that no officers received compensation from the organization, which is a positive sign for resource allocation.
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 Hospitalization Trust Fund Of The Electrical Manufacturing Industry's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- Periods of deficit spending (e.g., 202212, 202112, 202012)
Strengths
The following positive indicators were identified for Hospitalization Trust Fund Of The Electrical Manufacturing Industry:
- Consistent 0% officer compensation reported
- Significant revenue growth in recent years (from $15.4M in 2014 to $24.9M in 2023)
- Positive financial surplus in the latest reporting period (202312)
- Growing asset base, increasing from $9.4M in 2021 to $17.9M in 2023
Frequently Asked Questions about Hospitalization Trust Fund Of The Electrical Manufacturing Industry
Is the Hospitalization Trust Fund Of The Electrical Manufacturing Industry financially stable?
The organization has shown periods of both surplus and deficit spending. While the 202312 filing shows a healthy surplus of over $5 million, previous years like 202212 and 202112 reported deficits. Its asset base has grown significantly in recent years, from $9.4 million in 202112 to $17.9 million in 202312, suggesting improving stability.
How has the organization's revenue trended over time?
Revenue has generally increased over the past decade, from $15.4 million in 201412 to $24.9 million in 202312, with a notable jump in the last two reporting periods.
What is the organization's approach to executive compensation?
All available IRS 990 filings indicate 0% officer compensation, suggesting that no executives are paid directly by the organization, which is a strong positive for resource allocation.
Are there any concerns regarding the organization's liabilities?
Liabilities have fluctuated, reaching a high of $4,163,610 in 202312. While this is a significant increase from some prior years (e.g., $135,278 in 202112), the organization's assets ($17,969,652 in 202312) comfortably cover these liabilities.
Filing History
IRS 990 filing history for Hospitalization Trust Fund Of The Electrical Manufacturing Industry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hospitalization Trust Fund Of The Electrical Manufacturing Industry's revenue has grown by 87%, moving from $13.3M to $25.0M. Total assets decreased by 22.1% over the same period, from $23.1M to $18.0M. Total functional expenses rose by 35.1%, from $14.2M to $19.2M. In its most recent filing year (2023), Hospitalization Trust Fund Of The Electrical Manufacturing Industry reported a surplus of $5.8M, with revenue exceeding expenses. The organization holds $4.2M in liabilities against $18.0M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $25.0M | $19.2M | $18.0M | $4.2M | — | — |
| 2022 | $22.9M | $23.8M | $10.6M | $2.9M | — | View 990 |
| 2021 | $17.8M | $20.0M | $9.5M | $135K | — | View 990 |
| 2020 | $17.6M | $21.8M | $12.3M | $260K | — | View 990 |
| 2019 | $18.1M | $17.4M | $16.7M | $691K | — | View 990 |
| 2018 | $18.3M | $17.6M | $17.2M | $2.9M | — | View 990 |
| 2017 | $16.5M | $16.0M | $15.1M | $752K | — | View 990 |
| 2016 | $16.6M | $17.8M | $15.0M | $1.5M | — | View 990 |
| 2015 | $16.3M | $19.6M | $15.4M | $914K | — | View 990 |
| 2014 | $15.5M | $18.7M | $19.3M | $1.4M | — | View 990 |
| 2013 | $13.4M | $13.0M | $23.1M | $2.1M | — | View 990 |
| 2012 | $13.4M | $12.7M | $24.1M | $3.4M | — | View 990 |
| 2011 | $13.3M | $14.2M | $23.1M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.0M, expenses of $19.2M, and assets of $18.0M (revenue +9.1% year-over-year).
- 2022: Revenue of $22.9M, expenses of $23.8M, and assets of $10.6M (revenue +28.8% year-over-year).
- 2021: Revenue of $17.8M, expenses of $20.0M, and assets of $9.5M (revenue +0.9% year-over-year).
- 2020: Revenue of $17.6M, expenses of $21.8M, and assets of $12.3M (revenue -2.8% year-over-year).
- 2019: Revenue of $18.1M, expenses of $17.4M, and assets of $16.7M (revenue -1.3% year-over-year).
- 2018: Revenue of $18.3M, expenses of $17.6M, and assets of $17.2M (revenue +11.3% year-over-year).
- 2017: Revenue of $16.5M, expenses of $16.0M, and assets of $15.1M (revenue -0.9% year-over-year).
- 2016: Revenue of $16.6M, expenses of $17.8M, and assets of $15.0M (revenue +2.0% year-over-year).
- 2015: Revenue of $16.3M, expenses of $19.6M, and assets of $15.4M (revenue +5.3% year-over-year).
- 2014: Revenue of $15.5M, expenses of $18.7M, and assets of $19.3M (revenue +15.4% year-over-year).
- 2013: Revenue of $13.4M, expenses of $13.0M, and assets of $23.1M (revenue +0.1% year-over-year).
- 2012: Revenue of $13.4M, expenses of $12.7M, and assets of $24.1M (revenue +0.5% year-over-year).
- 2011: Revenue of $13.3M, expenses of $14.2M, and assets of $23.1M.
Data Sources and Methodology
This transparency report for Hospitalization Trust Fund Of The Electrical Manufacturing Industry 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.