Ibew Local 325 Joint Trust Fund

Ibew Local 325 Joint Trust Fund demonstrates consistent asset growth and stable financial health with no reported officer compensation.

EIN: 150626264 · Binghamton, NY · Updated: 2026-03-28

$27.1MRevenue

$31.7MAssets

85/100Mission Score (Excellent)

About Ibew Local 325 Joint Trust Fund

Ibew Local 325 Joint Trust Fund (EIN: 150626264) is a nonprofit organization based in Binghamton, NY. The organization reported total revenue of $27.1M and total assets of $31.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibew Local 325 Joint Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ibew Local 325 Joint Trust Fund appears to be in a stable financial position, consistently maintaining positive net assets and managing its liabilities effectively. For instance, in the 202308 period, the organization reported assets of $28,520,941 against liabilities of $90,171, indicating strong financial health. The fund's revenue has shown growth over the past several years, with the latest reported revenue at $27,095,005, though this figure is significantly higher than the individual annual revenues reported in the filing history, suggesting it might be a cumulative or different reporting metric. Annual expenses have also increased, but generally remain below revenue, allowing for asset accumulation.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, as a joint trust fund, its primary function is typically to manage benefits for its members, which would inherently be considered program-related spending. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of efficiency in executive overhead, or that executive compensation is handled through other means not reported in this specific line item. The organization's assets have grown steadily from $14,730,558 in 2014 to $31,716,332 currently, demonstrating sound financial management and growth.

Transparency is generally good given the availability of multiple years of IRS 990 filings. The consistent reporting of key financial metrics allows for trend analysis. However, the lack of a detailed NTEE code and a clear breakdown of expenses into program, administrative, and fundraising categories within the provided data limits a deeper analysis of its operational efficiency and program focus. Further details from the full 990 forms would be necessary to fully evaluate its spending efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ibew Local 325 Joint Trust 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Ibew Local 325 Joint Trust Fund 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, which is highly unusual for an organization of this size with assets exceeding $31 million. This suggests that executive compensation may be covered by a related entity or not reported in the 'officer compensation' line item on the 990, or that the fund is managed by volunteers or staff compensated through other means.

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 325 Joint Trust Fund's IRS 990 filings:

0% officer compensation reported for an organization of this size, which may obscure actual executive remuneration practices.
NTEE code is unknown, limiting understanding of its specific charitable purpose and sector benchmarks.

Strengths

The following positive indicators were identified for Ibew Local 325 Joint Trust Fund:

Consistent growth in assets, from $14.7 million in 2014 to $31.7 million currently, indicating strong financial management.
Positive net assets maintained across all reported periods, demonstrating financial stability.
Liabilities are consistently low relative to assets, indicating a healthy balance sheet (e.g., $90,171 liabilities vs. $28,520,941 assets in 202308).

Frequently Asked Questions about Ibew Local 325 Joint Trust Fund

How does Ibew Local 325 Joint Trust Fund manage its executive compensation given the 0% reported?

The consistent reporting of 0% officer compensation across all filings for an organization with significant assets and revenue suggests that executive compensation may be handled by a related entity, paid through a different mechanism not captured in this specific line item, or that the fund is managed by uncompensated individuals. Further investigation into the full 990 forms would be needed to clarify this.

What is the primary purpose or NTEE code of this organization?

The NTEE code for Ibew Local 325 Joint Trust Fund is listed as 'Unknown' in the provided data. However, as a 'Joint Trust Fund' associated with a 'Local 325', it is highly probable that its primary purpose is to manage benefits (e.g., health, pension, training) for members of the International Brotherhood of Electrical Workers (IBEW) Local 325.

What is the actual program spending ratio for this organization?

Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the full 990 forms, a precise program spending ratio cannot be determined. However, given its nature as a trust fund, a significant majority of its expenses are likely directly related to its programmatic purpose of providing benefits to members.

Filing History

IRS 990 filing history for Ibew Local 325 Joint Trust Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ibew Local 325 Joint Trust Fund's revenue has grown by 27.1%, moving from $4.7M to $6.0M. Total assets increased by 240% over the same period, from $8.4M to $28.5M. Total functional expenses rose by 58.1%, from $3.5M to $5.6M. In its most recent filing year (2023), Ibew Local 325 Joint Trust Fund reported a surplus of $388K, with revenue exceeding expenses. The organization holds $90K in liabilities against $28.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $28.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$6.0M	$5.6M	$28.5M	$90K	—	View 990
2022	$8.4M	$4.8M	$27.4M	$109K	—	View 990
2021	$7.2M	$4.6M	$30.7M	$120K	—	—
2020	$6.2M	$3.3M	$26.5M	$121K	—	—
2019	$5.4M	$3.3M	$22.0M	$92K	—	View 990
2018	$5.1M	$3.8M	$19.1M	$111K	—	View 990
2017	$4.5M	$3.8M	$17.8M	$106K	—	View 990
2016	$4.5M	$3.9M	$16.3M	$105K	—	View 990
2015	$4.4M	$3.1M	$15.2M	$108K	—	View 990
2014	$4.7M	$3.4M	$14.7M	$129K	—	View 990
2013	$6.0M	$3.7M	$12.7M	$169K	—	View 990
2012	$4.9M	$3.3M	$10.4M	$142K	—	View 990
2011	$4.7M	$3.5M	$8.4M	$145K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $6.0M, expenses of $5.6M, and assets of $28.5M (revenue -29.4% year-over-year).
2022: Revenue of $8.4M, expenses of $4.8M, and assets of $27.4M (revenue +17.1% year-over-year).
2021: Revenue of $7.2M, expenses of $4.6M, and assets of $30.7M (revenue +15.4% year-over-year).
2020: Revenue of $6.2M, expenses of $3.3M, and assets of $26.5M (revenue +15.6% year-over-year).
2019: Revenue of $5.4M, expenses of $3.3M, and assets of $22.0M (revenue +6.3% year-over-year).
2018: Revenue of $5.1M, expenses of $3.8M, and assets of $19.1M (revenue +13.6% year-over-year).
2017: Revenue of $4.5M, expenses of $3.8M, and assets of $17.8M (revenue -0.3% year-over-year).
2016: Revenue of $4.5M, expenses of $3.9M, and assets of $16.3M (revenue +1.9% year-over-year).
2015: Revenue of $4.4M, expenses of $3.1M, and assets of $15.2M (revenue -7.3% year-over-year).
2014: Revenue of $4.7M, expenses of $3.4M, and assets of $14.7M (revenue -20.3% year-over-year).
2013: Revenue of $6.0M, expenses of $3.7M, and assets of $12.7M (revenue +21.4% year-over-year).
2012: Revenue of $4.9M, expenses of $3.3M, and assets of $10.4M (revenue +4.7% year-over-year).
2011: Revenue of $4.7M, expenses of $3.5M, and assets of $8.4M.

Data Sources and Methodology

This transparency report for Ibew Local 325 Joint Trust 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.