Iuoe Local 30 Benefits Fund

Iuoe Local 30 Benefits Fund shows consistent revenue growth and strong asset base with zero reported officer compensation.

EIN: 132873303 · Whitestone, NY · Updated: 2026-03-28

$107.1MRevenue

$109.2MAssets

85/100Mission Score (Excellent)

About Iuoe Local 30 Benefits Fund

Iuoe Local 30 Benefits Fund (EIN: 132873303) is a nonprofit organization based in Whitestone, NY. The organization reported total revenue of $107.1M and total assets of $109.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iuoe Local 30 Benefits Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Iuoe Local 30 Benefits Fund appears to be a well-managed organization focused on its primary purpose of providing benefits. Over the past decade, its revenue has steadily grown from $47.9 million in 2014 to $82.2 million in 2023, demonstrating financial stability. The organization consistently maintains a healthy asset base, with assets of $116 million in 2023 significantly exceeding its liabilities of $900,723, indicating strong financial solvency. 

Spending efficiency is a key strength, as the organization consistently reports 0% officer compensation, suggesting that administrative costs related to executive salaries are either non-existent or covered by other entities, which is highly unusual for an organization of this size and could indicate a lack of transparency in reporting. However, without a detailed breakdown of program vs. administrative expenses, a precise assessment of spending efficiency is challenging. The consistent growth in revenue and assets, coupled with generally positive net income (revenue exceeding expenses in most years), points to a financially sound operation.

Transparency regarding the allocation of expenses between program services, administration, and fundraising is limited by the provided data, particularly the absence of detailed functional expense breakdowns. The 0% officer compensation is a notable data point that, while seemingly positive, could also raise questions about how leadership is compensated or if these costs are reported elsewhere. Overall, the organization demonstrates strong financial health and growth, but more granular expense data would enhance transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Iuoe Local 30 Benefits 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, Iuoe Local 30 Benefits 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

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity managing over $80 million in annual revenue and over $100 million in assets. This could indicate that executive compensation is either not paid, paid by a related entity, or not reported in this specific section of the 990, warranting further investigation for complete transparency.

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 Iuoe Local 30 Benefits Fund's IRS 990 filings:

Consistent 0% officer compensation for an organization of this size, which is highly unusual and may indicate incomplete reporting or an unusual compensation structure.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary makes a precise assessment of spending efficiency challenging.

Strengths

The following positive indicators were identified for Iuoe Local 30 Benefits Fund:

Consistent and significant revenue growth over the past decade, from $47.9 million in 2014 to $82.2 million in 2023.
Strong asset base consistently exceeding $100 million, indicating robust financial solvency.
Low liabilities relative to assets, demonstrating a healthy balance sheet.
Generally positive net income (revenue exceeding expenses) in most years, contributing to asset growth.

Frequently Asked Questions about Iuoe Local 30 Benefits Fund

Is Iuoe Local 30 Benefits Fund a good charity?

Based on the available financial data, the organization demonstrates strong financial health with consistent revenue growth and a robust asset base. Its consistent reporting of 0% officer compensation is a unique characteristic that, while seemingly positive, warrants further inquiry to understand the full compensation structure. Without detailed functional expense breakdowns, it's difficult to fully assess program efficiency, but the overall financial stability is strong.

How does the organization manage its executive compensation?

The IRS 990 filings consistently report 0% officer compensation. This is highly unusual for an organization of this scale and suggests that executive salaries may be covered by a related entity, not paid, or reported under a different expense category not detailed in the provided summary. Further investigation into the full 990 form would be needed to clarify this.

What is the trend in the organization's financial health?

The organization shows a positive trend in financial health. Revenue has grown from $47.9 million in 2014 to $82.2 million in 2023, and assets have increased from $80 million to $116 million over the same period. Liabilities remain relatively low compared to assets, indicating strong solvency.

Are there any significant financial risks?

While the organization generally maintains a positive net income, there were years like 2022 where expenses ($88.49 million) exceeded revenue ($80.7 million). However, this appears to be an anomaly, and the organization's substantial asset base ($105 million in 2022) provides a buffer against such fluctuations. Overall, no significant immediate financial risks are apparent from the summary data.

Filing History

IRS 990 filing history for Iuoe Local 30 Benefits Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Iuoe Local 30 Benefits Fund's revenue has grown by 126.3%, moving from $36.3M to $82.2M. Total assets increased by 145.2% over the same period, from $47.3M to $116.0M. Total functional expenses rose by 135.8%, from $33.8M to $79.8M. In its most recent filing year (2023), Iuoe Local 30 Benefits Fund reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $901K in liabilities against $116.0M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $115.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$82.2M	$79.8M	$116.0M	$901K	—	View 990
2022	$80.7M	$88.5M	$105.0M	$262K	—	View 990
2021	$75.8M	$73.0M	$137.4M	$724K	—	View 990
2020	$64.5M	$57.6M	$126.6M	$1.4M	—	—
2019	$64.3M	$63.6M	$110.7M	$1.8M	—	View 990
2018	$60.8M	$64.9M	$97.2M	$3.2M	—	View 990
2017	$53.7M	$51.3M	$105.0M	$1.8M	—	View 990
2016	$51.0M	$48.4M	$93.3M	$980K	—	View 990
2015	$50.7M	$42.5M	$87.1M	$372K	—	View 990
2014	$47.9M	$39.0M	$80.0M	$1.1M	—	View 990
2013	$44.8M	$36.6M	$69.6M	$2.3M	—	View 990
2012	$39.8M	$30.3M	$59.7M	$3.5M	—	View 990
2011	$36.3M	$33.8M	$47.3M	$1.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $82.2M, expenses of $79.8M, and assets of $116.0M (revenue +1.9% year-over-year).
2022: Revenue of $80.7M, expenses of $88.5M, and assets of $105.0M (revenue +6.5% year-over-year).
2021: Revenue of $75.8M, expenses of $73.0M, and assets of $137.4M (revenue +17.5% year-over-year).
2020: Revenue of $64.5M, expenses of $57.6M, and assets of $126.6M (revenue +0.3% year-over-year).
2019: Revenue of $64.3M, expenses of $63.6M, and assets of $110.7M (revenue +5.8% year-over-year).
2018: Revenue of $60.8M, expenses of $64.9M, and assets of $97.2M (revenue +13.2% year-over-year).
2017: Revenue of $53.7M, expenses of $51.3M, and assets of $105.0M (revenue +5.3% year-over-year).
2016: Revenue of $51.0M, expenses of $48.4M, and assets of $93.3M (revenue +0.5% year-over-year).
2015: Revenue of $50.7M, expenses of $42.5M, and assets of $87.1M (revenue +5.9% year-over-year).
2014: Revenue of $47.9M, expenses of $39.0M, and assets of $80.0M (revenue +6.8% year-over-year).
2013: Revenue of $44.8M, expenses of $36.6M, and assets of $69.6M (revenue +12.6% year-over-year).
2012: Revenue of $39.8M, expenses of $30.3M, and assets of $59.7M (revenue +9.6% year-over-year).
2011: Revenue of $36.3M, expenses of $33.8M, and assets of $47.3M.

Data Sources and Methodology

This transparency report for Iuoe Local 30 Benefits 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.