Ibew 25 Vht Fund
Ibew 25 Vht Fund consistently manages millions in revenue and expenses with no reported officer compensation.
EIN: 111730718 · Hauppauge, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $85.4M |
| Total Expenses | $10.1M |
| Program Spending | 90% |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Ibew 25 Vht Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ibew 25 Vht Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ibew 25 Vht Fund
Ibew 25 Vht Fund (EIN: 111730718) is a nonprofit organization based in Hauppauge, NY. The organization reported total revenue of $85.4M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibew 25 Vht Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ibew 25 Vht Fund is a major nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.2M |
| Total Expenses | $10.1M |
| Surplus / Deficit | +$104K |
| Total Assets | $3.5M |
| Total Liabilities | $68K |
| Net Assets | $3.5M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Ibew 25 Vht Fund reported a surplus of $104K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ibew 25 Vht Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | -6.4% | +4.8% |
| 2022 | -13.9% | -1.1% | -22.6% |
| 2021 | +22.7% | +18.0% | +15.1% |
| 2020 | -1.3% | -2.8% | +5.5% |
| 2019 | +6.7% | +7.1% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Ibew 25 Vht Fund 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Ibew 25 Vht Fund allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 surplus of $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, indicating that the organization's leadership is either unpaid or compensated through an affiliated entity, which is a strong positive for resource allocation within the fund itself.
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 Ibew 25 Vht Fund:
- Consistent financial stability with revenues generally matching expenses over a decade.
- Low liabilities relative to assets, indicating strong financial health ($68,153 liabilities vs. $3,538,350 assets in 2023).
- No reported officer compensation, suggesting efficient use of funds for its primary purpose.
- Steady asset growth over time, from $3,332,904 in 2014 to $3,538,350 in 2023.
Frequently Asked Questions about Ibew 25 Vht Fund
Is Ibew 25 Vht Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ibew 25 Vht Fund (EIN: 111730718) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Ibew 25 Vht Fund spend its money?
Ibew 25 Vht Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ibew 25 Vht Fund tax-deductible?
Ibew 25 Vht Fund is registered as a tax-exempt nonprofit (EIN: 111730718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ibew 25 Vht Fund's spending goes to programs?
Ibew 25 Vht Fund directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ibew 25 Vht Fund located?
Ibew 25 Vht Fund is headquartered in Hauppauge, New York and files with the IRS under EIN 111730718.
How many years of IRS 990 filings does Ibew 25 Vht Fund have?
Ibew 25 Vht Fund 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 $85.4M in total revenue.
What specific benefits does the Ibew 25 Vht Fund provide to its members?
The IRS 990 data indicates it's a Voluntary Employees' Beneficiary Association (VEBA) or similar trust, implying it provides health, welfare, or other benefits to members of IBEW Local 25. Specific benefit details would require reviewing the fund's governing documents.
How does the fund manage its investment assets?
With assets of $3,538,350 in 2023, the fund likely has an investment strategy to grow or maintain its principal. The 990 summary does not detail investment performance or strategy, which would be found in Schedule D or other financial statements.
What is the breakdown of administrative costs within the fund's expenses?
While the overall expenses are reported, the summary data does not provide a granular breakdown of administrative costs versus direct benefit payments. A detailed Part IX of the Form 990 would be needed for this analysis.
Filing History
IRS 990 filing history for Ibew 25 Vht Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ibew 25 Vht Fund's revenue has grown by 39.2%, moving from $7.3M to $10.2M. Total assets decreased by 10.9% over the same period, from $4.0M to $3.5M. Total functional expenses rose by 22.9%, from $8.2M to $10.1M. In its most recent filing year (2023), Ibew 25 Vht Fund reported a surplus of $104K, with revenue exceeding expenses. The organization holds $68K in liabilities against $3.5M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.2M | $10.1M | $3.5M | $68K | — | — |
| 2022 | $9.9M | $10.8M | $3.4M | $53K | — | — |
| 2021 | $11.5M | $10.9M | $4.4M | $80K | — | View 990 |
| 2020 | $9.4M | $9.2M | $3.8M | $55K | — | View 990 |
| 2019 | $9.5M | $9.5M | $3.6M | $62K | — | View 990 |
| 2018 | $8.9M | $8.9M | $3.5M | $53K | — | View 990 |
| 2017 | $8.6M | $8.4M | $3.5M | $50K | — | — |
| 2016 | $7.7M | $7.7M | $3.3M | $54K | — | View 990 |
| 2015 | $6.7M | $6.7M | $3.3M | $45K | — | View 990 |
| 2014 | $6.3M | $6.3M | $3.3M | $43K | — | View 990 |
| 2013 | $6.3M | $6.6M | $3.3M | $53K | — | View 990 |
| 2012 | $6.9M | $5.2M | $3.7M | $46K | — | View 990 |
| 2011 | $7.3M | $8.2M | $4.0M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.2M, expenses of $10.1M, and assets of $3.5M (revenue +2.9% year-over-year).
- 2022: Revenue of $9.9M, expenses of $10.8M, and assets of $3.4M (revenue -13.9% year-over-year).
- 2021: Revenue of $11.5M, expenses of $10.9M, and assets of $4.4M (revenue +22.7% year-over-year).
- 2020: Revenue of $9.4M, expenses of $9.2M, and assets of $3.8M (revenue -1.3% year-over-year).
- 2019: Revenue of $9.5M, expenses of $9.5M, and assets of $3.6M (revenue +6.7% year-over-year).
- 2018: Revenue of $8.9M, expenses of $8.9M, and assets of $3.5M (revenue +3.6% year-over-year).
- 2017: Revenue of $8.6M, expenses of $8.4M, and assets of $3.5M (revenue +11.7% year-over-year).
- 2016: Revenue of $7.7M, expenses of $7.7M, and assets of $3.3M (revenue +15.6% year-over-year).
- 2015: Revenue of $6.7M, expenses of $6.7M, and assets of $3.3M (revenue +5.5% year-over-year).
- 2014: Revenue of $6.3M, expenses of $6.3M, and assets of $3.3M (revenue +0.3% year-over-year).
- 2013: Revenue of $6.3M, expenses of $6.6M, and assets of $3.3M (revenue -8.5% year-over-year).
- 2012: Revenue of $6.9M, expenses of $5.2M, and assets of $3.7M (revenue -6.1% year-over-year).
- 2011: Revenue of $7.3M, expenses of $8.2M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ibew 25 Vht Fund:
Data Sources and Methodology
This transparency report for Ibew 25 Vht 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.