International Brotherhood Of Electrical Workers Local 47 Medica
International Brotherhood Of Electrical Workers Local 47 Medica consistently maintains significant financial surpluses and growing assets.
EIN: 203170458 · Pasadena, CA · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.8M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $27.5M |
| Transparency Score | 85/100 |
Is International Brotherhood Of Electrical Workers Local 47 Medica Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Brotherhood Of Electrical Workers Local 47 Medica directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Brotherhood Of Electrical Workers Local 47 Medica
International Brotherhood Of Electrical Workers Local 47 Medica (EIN: 203170458) is a nonprofit organization based in Pasadena, CA, classified under NTEE code Y43. The organization reported total revenue of $20.8M and total assets of $31.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Brotherhood Of Electrical Workers Local 47 Medica's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Brotherhood Of Electrical Workers Local 47 Medica is a large nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $27.7M |
| Total Liabilities | $159K |
| Net Assets | $27.5M |
| Operating Margin | 55.3% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 238.2 months |
Financial Health Grade: A
In 2023, International Brotherhood Of Electrical Workers Local 47 Medica reported a surplus of $1.7M with revenue exceeding expenses, holds 238.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), International Brotherhood Of Electrical Workers Local 47 Medica's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +7.2% | +14.2% |
| 2022 | -12.6% | +4.3% | -6.6% |
| 2021 | +134.6% | -3.9% | +15.1% |
| 2020 | -32.2% | +1.0% | +4.7% |
| 2019 | -20.1% | -1.8% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 International Brotherhood Of Electrical Workers Local 47 Medica 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: 85%
- fundraising: 5%
According to IRS 990 filings, International Brotherhood Of Electrical Workers Local 47 Medica allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or their compensation is categorized differently, which enhances its financial efficiency.
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 International Brotherhood Of Electrical Workers Local 47 Medica's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary
- Unclear if 'Officer Comp=0%' means no compensation or if it's reported elsewhere
Strengths
The following positive indicators were identified for International Brotherhood Of Electrical Workers Local 47 Medica:
- Consistent and significant financial surpluses year over year
- Steady growth in assets, indicating strong financial management and reserves
- Low liabilities relative to assets, suggesting strong financial health
- No reported officer compensation across all filings, indicating high efficiency or volunteer leadership
- Consistent IRS 990 filing history (14 filings) demonstrates transparency
Frequently Asked Questions about International Brotherhood Of Electrical Workers Local 47 Medica
Is International Brotherhood Of Electrical Workers Local 47 Medica a legitimate charity?
International Brotherhood Of Electrical Workers Local 47 Medica (EIN: 203170458) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $20.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does International Brotherhood Of Electrical Workers Local 47 Medica spend its money?
International Brotherhood Of Electrical Workers Local 47 Medica directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to International Brotherhood Of Electrical Workers Local 47 Medica tax-deductible?
International Brotherhood Of Electrical Workers Local 47 Medica is registered as a tax-exempt nonprofit (EIN: 203170458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Brotherhood Of Electrical Workers Local 47 Medica's spending goes to programs?
International Brotherhood Of Electrical Workers Local 47 Medica directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does International Brotherhood Of Electrical Workers Local 47 Medica compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), International Brotherhood Of Electrical Workers Local 47 Medica is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Brotherhood Of Electrical Workers Local 47 Medica located?
International Brotherhood Of Electrical Workers Local 47 Medica is headquartered in Pasadena, California and files with the IRS under EIN 203170458. It is classified under NTEE code Y43.
How many years of IRS 990 filings does International Brotherhood Of Electrical Workers Local 47 Medica have?
International Brotherhood Of Electrical Workers Local 47 Medica has 14 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 $20.8M in total revenue.
Is International Brotherhood Of Electrical Workers Local 47 Medica a good charity?
Based on the provided financial data, the organization demonstrates strong financial health, consistent asset growth, and a history of operating with significant surpluses. The absence of reported officer compensation is also a positive indicator of efficiency. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a complete assessment of its charitable effectiveness is limited.
How has the organization's financial stability changed over time?
The organization has shown remarkable financial stability and growth. Assets have increased from $16,345,235 in 2014 to $27,656,011 in 2023. Revenue has consistently exceeded expenses, leading to healthy surpluses each year, indicating a very stable financial position.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 14 available filings. This suggests a model where executive leadership is either entirely volunteer-based or compensated through non-officer roles, contributing to lower overhead costs.
What is the trend in the organization's liabilities?
Liabilities have generally remained low relative to assets, fluctuating between $283,165 (2017) and $52,980 (2019). In 2023, liabilities were $159,104, which is a very small fraction of its $27,656,011 in assets, indicating a strong balance sheet and low financial risk.
Filing History
IRS 990 filing history for International Brotherhood Of Electrical Workers Local 47 Medica showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), International Brotherhood Of Electrical Workers Local 47 Medica's revenue has grown by 126.3%, moving from $1.4M to $3.1M. Total assets increased by 164.1% over the same period, from $10.5M to $27.7M. Total functional expenses rose by 140.2%, from $580K to $1.4M. In its most recent filing year (2023), International Brotherhood Of Electrical Workers Local 47 Medica reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $159K in liabilities against $27.7M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $27.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $1.4M | $27.7M | $159K | — | View 990 |
| 2022 | $2.9M | $1.3M | $24.2M | $140K | — | — |
| 2021 | $3.3M | $1.2M | $25.9M | $58K | — | View 990 |
| 2020 | $1.4M | $1.3M | $22.5M | $134K | — | View 990 |
| 2019 | $2.1M | $1.3M | $21.5M | $53K | — | View 990 |
| 2018 | $2.6M | $1.3M | $18.6M | $41K | — | View 990 |
| 2017 | $2.5M | $1.2M | $19.8M | $283K | — | View 990 |
| 2016 | $2.0M | $1.1M | $17.8M | $246K | — | View 990 |
| 2015 | $2.5M | $1.0M | $15.9M | $309K | — | View 990 |
| 2014 | $2.1M | $1.0M | $16.3M | $237K | — | View 990 |
| 2013 | $1.9M | $868K | $15.1M | $22K | — | View 990 |
| 2012 | $1.8M | $682K | $12.7M | $61K | — | View 990 |
| 2011 | $1.3M | $627K | $11.1M | $64K | — | View 990 |
| 2010 | $1.4M | $580K | $10.5M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $1.4M, and assets of $27.7M (revenue +9.2% year-over-year).
- 2022: Revenue of $2.9M, expenses of $1.3M, and assets of $24.2M (revenue -12.6% year-over-year).
- 2021: Revenue of $3.3M, expenses of $1.2M, and assets of $25.9M (revenue +134.6% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $22.5M (revenue -32.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.3M, and assets of $21.5M (revenue -20.1% year-over-year).
- 2018: Revenue of $2.6M, expenses of $1.3M, and assets of $18.6M (revenue +1.7% year-over-year).
- 2017: Revenue of $2.5M, expenses of $1.2M, and assets of $19.8M (revenue +26.1% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.1M, and assets of $17.8M (revenue -18.9% year-over-year).
- 2015: Revenue of $2.5M, expenses of $1.0M, and assets of $15.9M (revenue +16.0% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.0M, and assets of $16.3M (revenue +9.8% year-over-year).
- 2013: Revenue of $1.9M, expenses of $868K, and assets of $15.1M (revenue +10.5% year-over-year).
- 2012: Revenue of $1.8M, expenses of $682K, and assets of $12.7M (revenue +35.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $627K, and assets of $11.1M (revenue -6.0% year-over-year).
- 2010: Revenue of $1.4M, expenses of $580K, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Brotherhood Of Electrical Workers Local 47 Medica:
Data Sources and Methodology
This transparency report for International Brotherhood Of Electrical Workers Local 47 Medica 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.