International Union Of Operating Engineers Local 14 14 B Wlfre Fund
International Union Of Operating Engineers Local 14 14 B Wlfre Fund shows declining assets and recent operating deficits.
EIN: 112392159 · Flushing, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $61.7M |
| Total Expenses | $31.7M |
| Program Spending | 80% |
| Net Assets | $34.0M |
| Transparency Score | 70/100 |
Is International Union Of Operating Engineers Local 14 14 B Wlfre Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Union Of Operating Engineers Local 14 14 B Wlfre Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Union Of Operating Engineers Local 14 14 B Wlfre Fund
International Union Of Operating Engineers Local 14 14 B Wlfre Fund (EIN: 112392159) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $61.7M and total assets of $34.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Union Of Operating Engineers Local 14 14 B Wlfre Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Union Of Operating Engineers Local 14 14 B Wlfre Fund is a major nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28.7M |
| Total Expenses | $31.7M |
| Surplus / Deficit | $-2,987,084 |
| Total Assets | $37.7M |
| Total Liabilities | $3.7M |
| Net Assets | $34.0M |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 14.3 months |
Financial Health Grade: B
In 2023, International Union Of Operating Engineers Local 14 14 B Wlfre Fund reported a deficit of $3.0M with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Union Of Operating Engineers Local 14 14 B Wlfre Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | -4.7% | -10.0% |
| 2022 | -13.0% | +5.2% | -20.7% |
| 2021 | +5.8% | +12.2% | +3.9% |
| 2020 | -7.1% | -14.3% | -2.5% |
| 2019 | +13.7% | +16.3% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Union Of Operating Engineers Local 14 14 B Wlfre Fund with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, International Union Of Operating Engineers Local 14 14 B Wlfre Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either no paid officers or that compensation is not reported in this section, which is a strong positive for transparency regarding direct officer salaries.
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 Union Of Operating Engineers Local 14 14 B Wlfre Fund's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $3.0M in 202306, $6.7M in 202206).
- Significant decline in assets from $52.8M (2021) to $37.7M (2023).
- NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for International Union Of Operating Engineers Local 14 14 B Wlfre Fund:
- Consistent 0% officer compensation reported, indicating transparency in this area.
- Long history of IRS 990 filings (13 filings), demonstrating regulatory compliance.
- Relatively low and stable liabilities compared to assets, indicating good debt management.
Frequently Asked Questions about International Union Of Operating Engineers Local 14 14 B Wlfre Fund
Is International Union Of Operating Engineers Local 14 14 B Wlfre Fund a legitimate charity?
International Union Of Operating Engineers Local 14 14 B Wlfre Fund (EIN: 112392159) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $61.7M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does International Union Of Operating Engineers Local 14 14 B Wlfre Fund spend its money?
International Union Of Operating Engineers Local 14 14 B Wlfre Fund directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to International Union Of Operating Engineers Local 14 14 B Wlfre Fund tax-deductible?
International Union Of Operating Engineers Local 14 14 B Wlfre Fund is registered as a tax-exempt nonprofit (EIN: 112392159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Union Of Operating Engineers Local 14 14 B Wlfre Fund's spending goes to programs?
International Union Of Operating Engineers Local 14 14 B Wlfre Fund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is International Union Of Operating Engineers Local 14 14 B Wlfre Fund located?
International Union Of Operating Engineers Local 14 14 B Wlfre Fund is headquartered in Flushing, New York and files with the IRS under EIN 112392159.
How many years of IRS 990 filings does International Union Of Operating Engineers Local 14 14 B Wlfre Fund have?
International Union Of Operating Engineers Local 14 14 B Wlfre 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 $61.7M in total revenue.
What is the primary purpose of the 'Wlfre Fund' and how are its expenses categorized?
The NTEE code is unknown, and without a detailed functional expense breakdown, it's difficult to ascertain the specific programs or services the fund provides and how its significant expenses (e.g., $31.7M in 202306) are allocated.
Why have assets decreased from $52.8 million in 2021 to $37.7 million in 2023?
The decline in assets is likely due to expenses exceeding revenue in recent periods, such as the $3.0 million deficit in 202306 and $6.7 million deficit in 202206, indicating the organization is drawing down its reserves.
Is the trend of expenses exceeding revenue sustainable?
While the organization has substantial assets, a continued trend of expenses exceeding revenue, as seen in 202306 and 202206, is not sustainable long-term and will further deplete its asset base.
Filing History
IRS 990 filing history for International Union Of Operating Engineers Local 14 14 B Wlfre Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Union Of Operating Engineers Local 14 14 B Wlfre Fund's revenue has grown by 26.1%, moving from $22.8M to $28.7M. Total assets decreased by 32.1% over the same period, from $55.5M to $37.7M. Total functional expenses rose by 31.2%, from $24.1M to $31.7M. In its most recent filing year (2023), International Union Of Operating Engineers Local 14 14 B Wlfre Fund reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $3.7M in liabilities against $37.7M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $34.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28.7M | $31.7M | $37.7M | $3.7M | — | View 990 |
| 2022 | $26.6M | $33.2M | $41.8M | $4.3M | — | View 990 |
| 2021 | $30.6M | $31.6M | $52.8M | $4.1M | — | — |
| 2020 | $28.9M | $28.2M | $50.8M | $2.5M | — | — |
| 2019 | $31.1M | $32.9M | $52.1M | $3.9M | — | View 990 |
| 2018 | $27.4M | $28.3M | $52.2M | $2.4M | — | View 990 |
| 2017 | $28.6M | $27.6M | $52.2M | $2.6M | — | View 990 |
| 2016 | $28.1M | $23.2M | $49.6M | $2.1M | — | View 990 |
| 2015 | $25.7M | $26.5M | $43.7M | $1.9M | — | View 990 |
| 2014 | $21.5M | $26.3M | $44.6M | $2.3M | — | View 990 |
| 2013 | $23.8M | $27.7M | $49.4M | $3.6M | — | View 990 |
| 2012 | $24.4M | $27.2M | $53.1M | $3.5M | — | View 990 |
| 2011 | $22.8M | $24.1M | $55.5M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28.7M, expenses of $31.7M, and assets of $37.7M (revenue +7.9% year-over-year).
- 2022: Revenue of $26.6M, expenses of $33.2M, and assets of $41.8M (revenue -13.0% year-over-year).
- 2021: Revenue of $30.6M, expenses of $31.6M, and assets of $52.8M (revenue +5.8% year-over-year).
- 2020: Revenue of $28.9M, expenses of $28.2M, and assets of $50.8M (revenue -7.1% year-over-year).
- 2019: Revenue of $31.1M, expenses of $32.9M, and assets of $52.1M (revenue +13.7% year-over-year).
- 2018: Revenue of $27.4M, expenses of $28.3M, and assets of $52.2M (revenue -4.4% year-over-year).
- 2017: Revenue of $28.6M, expenses of $27.6M, and assets of $52.2M (revenue +1.9% year-over-year).
- 2016: Revenue of $28.1M, expenses of $23.2M, and assets of $49.6M (revenue +9.2% year-over-year).
- 2015: Revenue of $25.7M, expenses of $26.5M, and assets of $43.7M (revenue +20.0% year-over-year).
- 2014: Revenue of $21.5M, expenses of $26.3M, and assets of $44.6M (revenue -10.0% year-over-year).
- 2013: Revenue of $23.8M, expenses of $27.7M, and assets of $49.4M (revenue -2.3% year-over-year).
- 2012: Revenue of $24.4M, expenses of $27.2M, and assets of $53.1M (revenue +7.1% year-over-year).
- 2011: Revenue of $22.8M, expenses of $24.1M, and assets of $55.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Union Of Operating Engineers Local 14 14 B Wlfre Fund:
Data Sources and Methodology
This transparency report for International Union Of Operating Engineers Local 14 14 B Wlfre 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.