Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund
EIN: 223270952 · W Caldwell, NJ
| Metric | Value |
|---|---|
| Total Expenses | $954K |
| Net Assets | $49.9M |
Is Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund (EIN: 223270952) is a nonprofit organization based in W Caldwell, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2010–2015). Revenue has grown at a compound annual rate of -4.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $954K |
| Surplus / Deficit | +$2.0M |
| Total Assets | $50.0M |
| Total Liabilities | $27K |
| Net Assets | $49.9M |
| Operating Margin | 67.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 628.6 months |
Financial Health Grade: A
In 2015, Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund reported a surplus of $2.0M with revenue exceeding expenses, holds 628.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2010–2015), Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -13.4% | +3.1% | +2.6% |
| 2014 | +53.2% | -7.7% | +13.0% |
| 2013 | -44.6% | +30.4% | +8.3% |
| 2012 | +94.4% | +33.0% | +3.0% |
| 2011 | -45.2% | -36.2% | +4.8% |
AI Analysis Pending
AI enrichment for Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund 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 Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund
Is Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund a legitimate charity?
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund (EIN: 223270952) is a registered tax-exempt nonprofit based in New Jersey. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund spend its money?
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund tax-deductible?
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund is registered as a tax-exempt nonprofit (EIN: 223270952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund located?
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund is headquartered in W Caldwell, New Jersey and files with the IRS under EIN 223270952.
How many years of IRS 990 filings does Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund have?
Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2015), Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund's revenue has declined by 21.6%, moving from $3.8M to $3.0M. Total assets increased by 35.5% over the same period, from $36.9M to $50.0M. Total functional expenses rose by 5.3%, from $906K to $954K. In its most recent filing year (2015), Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $27K in liabilities against $50.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $49.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3.0M | $954K | $50.0M | $27K | — | View 990 |
| 2014 | $3.4M | $925K | $48.7M | $15K | — | View 990 |
| 2013 | $2.2M | $1.0M | $43.1M | $15K | — | View 990 |
| 2012 | $4.0M | $769K | $39.8M | $15K | — | View 990 |
| 2011 | $2.1M | $578K | $38.6M | $17K | — | View 990 |
| 2010 | $3.8M | $906K | $36.9M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3.0M, expenses of $954K, and assets of $50.0M (revenue -13.4% year-over-year).
- 2014: Revenue of $3.4M, expenses of $925K, and assets of $48.7M (revenue +53.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $1.0M, and assets of $43.1M (revenue -44.6% year-over-year).
- 2012: Revenue of $4.0M, expenses of $769K, and assets of $39.8M (revenue +94.4% year-over-year).
- 2011: Revenue of $2.1M, expenses of $578K, and assets of $38.6M (revenue -45.2% year-over-year).
- 2010: Revenue of $3.8M, expenses of $906K, and assets of $36.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local 68 Engineers Union Supplem Ental Unemployment Benefit Fund:
Data Sources and Methodology
This transparency report for Local 68 Engineers Union Supplem Ental Unemployment Benefit 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.