Ibew Local Union 5 & Western Pa Chapter Neca
EIN: 256032106 · Pittsburgh, PA
| Metric | Value |
|---|---|
| Total Revenue | $125.3M |
| Total Expenses | $62.0M |
| Net Assets | $115.5M |
Is Ibew Local Union 5 & Western Pa Chapter Neca Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ibew Local Union 5 & Western Pa Chapter Neca
Ibew Local Union 5 & Western Pa Chapter Neca (EIN: 256032106) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $125.3M and total assets of $122.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibew Local Union 5 & Western Pa Chapter Neca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ibew Local Union 5 & Western Pa Chapter Neca is a major nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61.5M |
| Total Expenses | $62.0M |
| Surplus / Deficit | $-489,014 |
| Total Assets | $116.0M |
| Total Liabilities | $531K |
| Net Assets | $115.5M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 22.5 months |
Financial Health Grade: B
In 2023, Ibew Local Union 5 & Western Pa Chapter Neca reported a deficit of $489K with expenses exceeding revenue, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ibew Local Union 5 & Western Pa Chapter Neca's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +1.5% | +3.9% |
| 2022 | -10.8% | -1.8% | -15.5% |
| 2021 | +28.8% | +19.8% | +5.5% |
| 2020 | -19.3% | +8.0% | +3.2% |
| 2019 | +2.0% | -12.5% | +24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ibew Local Union 5 & Western Pa Chapter Neca has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ibew Local Union 5 & Western Pa Chapter Neca with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $489K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Ibew Local Union 5 & Western Pa Chapter Neca
Is Ibew Local Union 5 & Western Pa Chapter Neca a legitimate charity?
Ibew Local Union 5 & Western Pa Chapter Neca (EIN: 256032106) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $125.3M. No red flags identified. Financial health grade: B.
How does Ibew Local Union 5 & Western Pa Chapter Neca spend its money?
Ibew Local Union 5 & Western Pa Chapter Neca reported $125.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ibew Local Union 5 & Western Pa Chapter Neca tax-deductible?
Ibew Local Union 5 & Western Pa Chapter Neca is registered as a tax-exempt nonprofit (EIN: 256032106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ibew Local Union 5 & Western Pa Chapter Neca located?
Ibew Local Union 5 & Western Pa Chapter Neca is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 256032106.
How many years of IRS 990 filings does Ibew Local Union 5 & Western Pa Chapter Neca have?
Ibew Local Union 5 & Western Pa Chapter Neca 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 $125.3M in total revenue.
Filing History
IRS 990 filing history for Ibew Local Union 5 & Western Pa Chapter Neca showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ibew Local Union 5 & Western Pa Chapter Neca's revenue has grown by 35%, moving from $45.6M to $61.5M. Total assets increased by 91.8% over the same period, from $60.5M to $116.0M. Total functional expenses rose by 37.6%, from $45.0M to $62.0M. In its most recent filing year (2023), Ibew Local Union 5 & Western Pa Chapter Neca reported a deficit of $489K, with expenses exceeding revenue. The organization holds $531K in liabilities against $116.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $115.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61.5M | $62.0M | $116.0M | $531K | — | — |
| 2022 | $56.5M | $61.1M | $111.7M | $473K | — | View 990 |
| 2021 | $63.3M | $62.2M | $132.2M | $419K | — | View 990 |
| 2020 | $49.1M | $51.9M | $125.3M | $389K | — | — |
| 2019 | $60.9M | $48.1M | $121.4M | $344K | — | View 990 |
| 2018 | $59.7M | $55.0M | $97.7M | $281K | — | View 990 |
| 2017 | $54.2M | $51.9M | $105.8M | $203K | — | — |
| 2016 | $53.8M | $48.4M | $101.2M | $514K | — | View 990 |
| 2015 | $76.2M | $47.5M | $96.0M | $957K | — | View 990 |
| 2014 | $57.1M | $50.1M | $101.5M | $27.9M | — | View 990 |
| 2013 | $58.3M | $46.3M | $92.2M | $27.0M | — | View 990 |
| 2012 | $49.3M | $45.8M | $72.0M | $26.5M | — | View 990 |
| 2011 | $45.6M | $45.0M | $60.5M | $23.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61.5M, expenses of $62.0M, and assets of $116.0M (revenue +8.9% year-over-year).
- 2022: Revenue of $56.5M, expenses of $61.1M, and assets of $111.7M (revenue -10.8% year-over-year).
- 2021: Revenue of $63.3M, expenses of $62.2M, and assets of $132.2M (revenue +28.8% year-over-year).
- 2020: Revenue of $49.1M, expenses of $51.9M, and assets of $125.3M (revenue -19.3% year-over-year).
- 2019: Revenue of $60.9M, expenses of $48.1M, and assets of $121.4M (revenue +2.0% year-over-year).
- 2018: Revenue of $59.7M, expenses of $55.0M, and assets of $97.7M (revenue +10.2% year-over-year).
- 2017: Revenue of $54.2M, expenses of $51.9M, and assets of $105.8M (revenue +0.7% year-over-year).
- 2016: Revenue of $53.8M, expenses of $48.4M, and assets of $101.2M (revenue -29.4% year-over-year).
- 2015: Revenue of $76.2M, expenses of $47.5M, and assets of $96.0M (revenue +33.5% year-over-year).
- 2014: Revenue of $57.1M, expenses of $50.1M, and assets of $101.5M (revenue -2.0% year-over-year).
- 2013: Revenue of $58.3M, expenses of $46.3M, and assets of $92.2M (revenue +18.1% year-over-year).
- 2012: Revenue of $49.3M, expenses of $45.8M, and assets of $72.0M (revenue +8.2% year-over-year).
- 2011: Revenue of $45.6M, expenses of $45.0M, and assets of $60.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ibew Local Union 5 & Western Pa Chapter Neca:
Data Sources and Methodology
This transparency report for Ibew Local Union 5 & Western Pa Chapter Neca 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.