Ibew Local 1253 Neca Labor Management Cooperation Committee
Labor-management committee faces persistent operating deficits and declining assets.
EIN: 16161079 · Newport, ME · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $154K |
| Program Spending | 70% |
| Net Assets | $227K |
| Transparency Score | 65/100 |
Is Ibew Local 1253 Neca Labor Management Cooperation Committee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ibew Local 1253 Neca Labor Management Cooperation Committee directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ibew Local 1253 Neca Labor Management Cooperation Committee
Ibew Local 1253 Neca Labor Management Cooperation Committee (EIN: 16161079) is a nonprofit organization based in Newport, ME, classified under NTEE code J40. The organization reported total revenue of $118K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibew Local 1253 Neca Labor Management Cooperation Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ibew Local 1253 Neca Labor Management Cooperation Committee is a small nonprofit that has been operating for 24 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $154K |
| Surplus / Deficit | $-36,709 |
| Total Assets | $227K |
| Net Assets | $227K |
| Operating Margin | -31.2% |
| Months of Reserves | 17.7 months |
Financial Health Grade: B
In 2023, Ibew Local 1253 Neca Labor Management Cooperation Committee reported a deficit of $37K with expenses exceeding revenue, holds 17.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Ibew Local 1253 Neca Labor Management Cooperation Committee's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.4% | +33.9% | -13.9% |
| 2022 | +35.0% | +59.5% | -8.7% |
| 2021 | -21.0% | -5.3% | -1.9% |
| 2020 | +57.7% | +41.4% | +2.9% |
| 2019 | -48.6% | +81.2% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2002 |
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 Local 1253 Neca Labor Management Cooperation Committee with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ibew Local 1253 Neca Labor Management Cooperation Committee allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no funds are directly allocated to executive salaries, which is a positive for minimizing overhead.
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 Ibew Local 1253 Neca Labor Management Cooperation Committee's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $154,329 expenses vs. $117,620 revenue in 202306.
- Declining asset base, from $294,751 in 202006 to $227,413 in 202306, indicating reliance on reserves to cover deficits.
Strengths
The following positive indicators were identified for Ibew Local 1253 Neca Labor Management Cooperation Committee:
- Consistent transparency with 11 IRS 990 filings.
- No reported liabilities across all filing periods, indicating a debt-free status.
- 0% officer compensation reported, suggesting efficient use of funds not allocated to executive salaries.
Frequently Asked Questions about Ibew Local 1253 Neca Labor Management Cooperation Committee
Is Ibew Local 1253 Neca Labor Management Cooperation Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Ibew Local 1253 Neca Labor Management Cooperation Committee (EIN: 16161079) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Ibew Local 1253 Neca Labor Management Cooperation Committee spend its money?
Ibew Local 1253 Neca Labor Management Cooperation Committee directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ibew Local 1253 Neca Labor Management Cooperation Committee tax-deductible?
Ibew Local 1253 Neca Labor Management Cooperation Committee is registered as a tax-exempt nonprofit (EIN: 16161079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ibew Local 1253 Neca Labor Management Cooperation Committee's spending goes to programs?
Ibew Local 1253 Neca Labor Management Cooperation Committee directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ibew Local 1253 Neca Labor Management Cooperation Committee compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ibew Local 1253 Neca Labor Management Cooperation Committee is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ibew Local 1253 Neca Labor Management Cooperation Committee located?
Ibew Local 1253 Neca Labor Management Cooperation Committee is headquartered in Newport, Maine and files with the IRS under EIN 16161079. It is classified under NTEE code J40.
How many years of IRS 990 filings does Ibew Local 1253 Neca Labor Management Cooperation Committee have?
Ibew Local 1253 Neca Labor Management Cooperation Committee has 11 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 $118K in total revenue.
Is Ibew Local 1253 Neca Labor Management Cooperation Committee financially sustainable?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $154,329 expenses vs. $117,620 revenue in 202306), leading to declining assets from $294,751 in 202006 to $227,413 in 202306. This trend suggests potential long-term sustainability challenges if not reversed.
What are the primary expense categories for the organization?
Without a detailed breakdown of expenses in the provided data, it's challenging to pinpoint primary categories beyond total expenses. However, the NTEE code J40 (Labor-Management Relations) suggests expenses would likely be related to promoting cooperation, training, and related activities.
How does the organization fund its operations given the deficits?
The organization appears to be drawing down its assets to cover operating deficits, as evidenced by the decline in total assets from $294,751 in 202006 to $227,413 in 202306, while liabilities remain at $0.
Filing History
IRS 990 filing history for Ibew Local 1253 Neca Labor Management Cooperation Committee showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Ibew Local 1253 Neca Labor Management Cooperation Committee's revenue has grown by 27%, moving from $93K to $118K. Total assets increased by 92.6% over the same period, from $118K to $227K. Total functional expenses rose by 1419.1%, from $10K to $154K. In its most recent filing year (2023), Ibew Local 1253 Neca Labor Management Cooperation Committee reported a deficit of $37K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $154K | $227K | $0 | — | View 990 |
| 2022 | $90K | $115K | $264K | $0 | — | View 990 |
| 2021 | $67K | $72K | $289K | $0 | — | View 990 |
| 2020 | $85K | $76K | $295K | $0 | — | View 990 |
| 2019 | $54K | $54K | $287K | $0 | — | View 990 |
| 2018 | $104K | $30K | $287K | $0 | — | View 990 |
| 2017 | $44K | $44K | $213K | $0 | — | View 990 |
| 2016 | $40K | $35K | $212K | $0 | — | View 990 |
| 2015 | $47K | $7K | $207K | $0 | — | View 990 |
| 2014 | $53K | $5K | $166K | $0 | — | View 990 |
| 2013 | $93K | $10K | $118K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $154K, and assets of $227K (revenue +30.4% year-over-year).
- 2022: Revenue of $90K, expenses of $115K, and assets of $264K (revenue +35.0% year-over-year).
- 2021: Revenue of $67K, expenses of $72K, and assets of $289K (revenue -21.0% year-over-year).
- 2020: Revenue of $85K, expenses of $76K, and assets of $295K (revenue +57.7% year-over-year).
- 2019: Revenue of $54K, expenses of $54K, and assets of $287K (revenue -48.6% year-over-year).
- 2018: Revenue of $104K, expenses of $30K, and assets of $287K (revenue +134.5% year-over-year).
- 2017: Revenue of $44K, expenses of $44K, and assets of $213K (revenue +10.6% year-over-year).
- 2016: Revenue of $40K, expenses of $35K, and assets of $212K (revenue -15.3% year-over-year).
- 2015: Revenue of $47K, expenses of $7K, and assets of $207K (revenue -10.7% year-over-year).
- 2014: Revenue of $53K, expenses of $5K, and assets of $166K (revenue -42.7% year-over-year).
- 2013: Revenue of $93K, expenses of $10K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ibew Local 1253 Neca Labor Management Cooperation Committee:
Data Sources and Methodology
This transparency report for Ibew Local 1253 Neca Labor Management Cooperation Committee 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.