Laborers Union No 91 Welfare Fund
Laborers Union No 91 Welfare Fund consistently reports zero officer compensation and steady asset growth.
EIN: 160776158 · Niagara Falls, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $3.3M |
| Program Spending | 90% |
| Net Assets | $5.9M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Laborers Union No 91 Welfare Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Laborers Union No 91 Welfare Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Laborers Union No 91 Welfare Fund in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $3.8M and expenses of $3.3M.
Revenue and Expenses
Laborers Union No 91 Welfare Fund reported $3.8M in revenue and $3.3M in expenses, a surplus of $519K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Laborers Union No 91 Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $2.9M (90%) |
Across stored filings, Laborers Union No 91 Welfare Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Healthy Capital District Initiative →All New York nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Niagara Falls, NY nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Skowhegan School Of Painting And Sculpture Inc
New York, NY · $20.8M revenue · Score 90/100
Compare side-by-sideGarrison Institute
Garrison, NY · $4.1M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Foundation Inc
Rochester, NY · $2.0M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Inc
Rochester, NY · $2.3M revenue · Score 88/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Laborers Union No 91 Welfare Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laborers Union No 91 Welfare Fund
Laborers Union No 91 Welfare Fund (EIN: 160776158) is a nonprofit organization based in Niagara Falls, NY. The organization reported total revenue of $4.1M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers Union No 91 Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers Union No 91 Welfare Fund is a mid-size nonprofit that has been operating for 63 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$519K |
| Total Assets | $6.0M |
| Total Liabilities | $116K |
| Net Assets | $5.9M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Laborers Union No 91 Welfare Fund reported a surplus of $519K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Laborers Union No 91 Welfare Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -2.2% | +7.5% |
| 2022 | +16.5% | +2.0% | +3.2% |
| 2021 | -21.3% | -11.0% | +6.0% |
| 2020 | +4.1% | +3.9% | +10.8% |
| 2019 | -4.1% | -4.1% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Laborers Union No 91 Welfare Fund with a Mission Score of 90 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, Laborers Union No 91 Welfare 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $519K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds towards its mission.
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 Laborers Union No 91 Welfare Fund's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of its specific programmatic focus.
Strengths
The following positive indicators were identified for Laborers Union No 91 Welfare Fund:
- Consistent zero officer compensation across all filings, indicating high efficiency and direct benefit to members.
- Significant asset growth from $2.1 million in 2014 to $7.5 million currently, demonstrating strong financial management.
- Consistent positive net income in most years, contributing to financial stability and asset accumulation.
- Low and stable liabilities relative to assets, indicating a healthy balance sheet.
- Long history of IRS 990 filings, suggesting transparency and compliance.
Frequently Asked Questions about Laborers Union No 91 Welfare Fund
Is Laborers Union No 91 Welfare Fund a legitimate charity?
Laborers Union No 91 Welfare Fund (EIN: 160776158) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Laborers Union No 91 Welfare Fund spend its money?
Laborers Union No 91 Welfare Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Laborers Union No 91 Welfare Fund tax-deductible?
Laborers Union No 91 Welfare Fund is registered as a tax-exempt nonprofit (EIN: 160776158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laborers Union No 91 Welfare Fund located?
Laborers Union No 91 Welfare Fund is headquartered in Niagara Falls, New York and files with the IRS under EIN 160776158.
How many years of IRS 990 filings does Laborers Union No 91 Welfare Fund have?
Laborers Union No 91 Welfare Fund has 12 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 $4.1M in total revenue.
Is Laborers Union No 91 Welfare Fund a good charity?
Based on the available IRS 990 data, the Laborers Union No 91 Welfare Fund appears to be a well-managed organization. Key indicators include consistent zero officer compensation, healthy asset growth from $2.1M in 2014 to $7.5M currently, and stable financial operations with revenues consistently exceeding expenses in most years. These factors suggest strong financial health and a focus on its welfare mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly over the past decade. Assets have more than tripled from $2,125,891 in 2014 to $7,513,092 currently. While revenues and expenses fluctuate, the fund has generally maintained a positive net income, contributing to this asset growth. Liabilities have remained manageable relative to assets.
What is the trend in revenue and expenses?
Revenue has fluctuated, peaking at $5,361,599 in 2015 and most recently at $4,086,695. Expenses have generally followed a similar trend, staying below revenue in most years, indicating financial stability. For example, in 2023, revenue was $3,773,072 against expenses of $3,253,948.
Filing History
IRS 990 filing history for Laborers Union No 91 Welfare Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Laborers Union No 91 Welfare Fund's revenue has declined by 14.8%, moving from $4.4M to $3.8M. Total assets increased by 326.7% over the same period, from $1.4M to $6.0M. Total functional expenses fell by 19.6%, from $4.0M to $3.3M. In its most recent filing year (2023), Laborers Union No 91 Welfare Fund reported a surplus of $519K, with revenue exceeding expenses. The organization holds $116K in liabilities against $6.0M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.3M | $6.0M | $116K | — | View 990 |
| 2022 | $3.8M | $3.3M | $5.6M | $87K | — | View 990 |
| 2021 | $3.3M | $3.3M | $5.4M | $146K | — | — |
| 2020 | $4.2M | $3.7M | $5.1M | $103K | — | — |
| 2019 | $4.0M | $3.5M | $4.6M | $188K | — | View 990 |
| 2018 | $4.2M | $3.7M | $4.0M | $103K | — | View 990 |
| 2017 | $3.5M | $3.6M | $3.6M | $47K | — | View 990 |
| 2016 | $4.6M | $4.3M | $3.4M | $43K | — | View 990 |
| 2015 | $5.4M | $4.2M | $3.7M | $574K | — | View 990 |
| 2014 | $4.7M | $3.9M | $2.1M | $98K | — | View 990 |
| 2013 | $3.7M | $3.8M | $1.3M | $33K | — | View 990 |
| 2012 | $4.4M | $4.0M | $1.4M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.3M, and assets of $6.0M (revenue -0.9% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.3M, and assets of $5.6M (revenue +16.5% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.3M, and assets of $5.4M (revenue -21.3% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.7M, and assets of $5.1M (revenue +4.1% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.5M, and assets of $4.6M (revenue -4.1% year-over-year).
- 2018: Revenue of $4.2M, expenses of $3.7M, and assets of $4.0M (revenue +19.4% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.6M, and assets of $3.6M (revenue -24.0% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.3M, and assets of $3.4M (revenue -14.5% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.2M, and assets of $3.7M (revenue +13.4% year-over-year).
- 2014: Revenue of $4.7M, expenses of $3.9M, and assets of $2.1M (revenue +27.7% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.8M, and assets of $1.3M (revenue -16.4% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.0M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers Union No 91 Welfare Fund:
Data Sources and Methodology
This transparency report for Laborers Union No 91 Welfare 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.