Iam & Aw Local S 6
Iam & Aw Local S 6 shows strong financial growth and zero reported officer compensation.
EIN: 10443436 · Bath, ME · NTEE: J40 · Updated: 2026-03-28
Is Iam & Aw Local S 6 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iam & Aw Local S 6 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iam & Aw Local S 6
Iam & Aw Local S 6 (EIN: 10443436) is a nonprofit organization based in Bath, ME, classified under NTEE code J40. The organization reported total revenue of $2.3M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iam & Aw Local S 6'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 Iam & Aw Local S 6 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, Iam & Aw Local S 6 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with over $2 million in annual revenue and $4 million 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 Iam & Aw Local S 6's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further investigation into compensation structures
Strengths
The following positive indicators were identified for Iam & Aw Local S 6:
- Consistent revenue growth over the past decade, from $961,277 in 2011 to $2,302,073 currently.
- Strong asset accumulation, growing from $723,087 in 2011 to $4,060,098.
- Consistently operates with a financial surplus, indicating sound financial management.
- Zero reported liabilities across all filings, demonstrating a very healthy balance sheet.
- 0% reported officer compensation, suggesting high efficiency in leadership costs.
Frequently Asked Questions about Iam & Aw Local S 6
Is Iam & Aw Local S 6 a legitimate charity?
Based on AI analysis of IRS 990 filings, Iam & Aw Local S 6 (EIN: 10443436) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Iam & Aw Local S 6 spend its money?
Iam & Aw Local S 6 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iam & Aw Local S 6 tax-deductible?
Iam & Aw Local S 6 is registered as a tax-exempt nonprofit (EIN: 10443436). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Iam & Aw Local S 6 manage to operate with 0% officer compensation?
The provided data consistently shows 0% officer compensation, which could mean leadership is entirely volunteer, compensated through other means not classified as 'officer compensation' on the 990, or that the organization's structure minimizes traditional executive salaries.
What are the specific program activities funded by Iam & Aw Local S 6?
The NTEE code J40 indicates 'Labor Unions & Organizations'. While the summary data doesn't detail specific programs, the organization's mission likely revolves around supporting its members and labor-related initiatives.
What is the reason for the significant increase in assets from $723,087 in 2011 to $4,060,098 currently?
The consistent annual surpluses, where revenue has generally exceeded expenses, have allowed the organization to accumulate significant assets over time, demonstrating strong financial stewardship and growth.
Filing History
IRS 990 filing history for Iam & Aw Local S 6 showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Iam & Aw Local S 6's revenue has grown by 119.8%, moving from $961K to $2.1M. Total assets increased by 422.6% over the same period, from $723K to $3.8M. Total functional expenses rose by 107.8%, from $877K to $1.8M. In its most recent filing year (2023), Iam & Aw Local S 6 reported a surplus of $291K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.8M | $3.8M | $0 | — | — |
| 2022 | $1.7M | $1.2M | $3.4M | $0 | — | View 990 |
| 2021 | $2.7M | $1.7M | $2.9M | $0 | — | View 990 |
| 2020 | $1.5M | $1.5M | $1.9M | $0 | — | View 990 |
| 2019 | $1.8M | $1.5M | $1.9M | $0 | — | View 990 |
| 2018 | $1.6M | $1.1M | $1.6M | $0 | — | — |
| 2017 | $1.3M | $1.1M | $1.2M | $0 | — | — |
| 2016 | $1.4M | $1.1M | $998K | $0 | — | — |
| 2011 | $961K | $877K | $723K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.8M, and assets of $3.8M (revenue +26.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.2M, and assets of $3.4M (revenue -37.8% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.7M, and assets of $2.9M (revenue +76.9% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $1.9M (revenue -13.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $1.9M (revenue +11.9% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.1M, and assets of $1.6M (revenue +21.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $1.2M (revenue -10.5% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $998K (revenue +49.9% year-over-year).
- 2011: Revenue of $961K, expenses of $877K, and assets of $723K.
Data Sources and Methodology
This transparency report for Iam & Aw Local S 6 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.