Local 703 Ib Of T Grocery & Food Employees' Welfare Fund
EIN: 366161091 · Downers Grove, IL
| Metric | Value |
|---|---|
| Total Expenses | $12.0M |
| Net Assets | $39.3M |
Search Intent Cockpit
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Local 703 Ib Of T Grocery & Food Employees' 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 Local 703 Ib Of T Grocery & Food Employees' Welfare Fund in one place.
Form 990 Filing Summary
6 filing years are available, with latest revenue of $12.5M and expenses of $12.0M.
Revenue and Expenses
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund reported $12.5M in revenue and $12.0M in expenses, a surplus of $512K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Local 703 Ib Of T Grocery & Food Employees' Welfare Fund Legit?
Insufficient Data
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
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Local 703 Ib Of T Grocery & Food Employees' Welfare Fund shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 6 stored filing years |
| Peer context | Compare with Shorefront | Illinois and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Downers Grove, IL nonprofitsFollow the Money
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About Local 703 Ib Of T Grocery & Food Employees' Welfare Fund
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund (EIN: 366161091) is a nonprofit organization based in Downers Grove, IL. 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 703 Ib Of T Grocery & Food Employees' Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund is a large nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.5M |
| Total Expenses | $12.0M |
| Surplus / Deficit | +$512K |
| Total Assets | $39.5M |
| Total Liabilities | $158K |
| Net Assets | $39.3M |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 39.6 months |
Financial Health Grade: A
In 2017, Local 703 Ib Of T Grocery & Food Employees' Welfare Fund reported a surplus of $512K with revenue exceeding expenses, holds 39.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 6 years of filings (2012–2017), Local 703 Ib Of T Grocery & Food Employees' Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +8.8% | +12.5% | +5.4% |
| 2016 | +10.0% | +5.6% | +2.2% |
| 2015 | +21.5% | +37.5% | +2.4% |
| 2014 | -0.6% | -14.6% | +7.7% |
| 2013 | +3.4% | -8.4% | +4.1% |
AI Analysis Pending
AI enrichment for Local 703 Ib Of T Grocery & Food Employees' Welfare 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 703 Ib Of T Grocery & Food Employees' Welfare 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $512K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Local 703 Ib Of T Grocery & Food Employees' Welfare Fund
Is Local 703 Ib Of T Grocery & Food Employees' Welfare Fund a legitimate charity?
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund (EIN: 366161091) is a registered tax-exempt nonprofit based in Illinois. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Local 703 Ib Of T Grocery & Food Employees' Welfare Fund spend its money?
Local 703 Ib Of T Grocery & Food Employees' Welfare 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 703 Ib Of T Grocery & Food Employees' Welfare Fund tax-deductible?
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund is registered as a tax-exempt nonprofit (EIN: 366161091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local 703 Ib Of T Grocery & Food Employees' Welfare Fund located?
Local 703 Ib Of T Grocery & Food Employees' Welfare Fund is headquartered in Downers Grove, Illinois and files with the IRS under EIN 366161091.
How many years of IRS 990 filings does Local 703 Ib Of T Grocery & Food Employees' Welfare Fund have?
Local 703 Ib Of T Grocery & Food Employees' Welfare 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 703 Ib Of T Grocery & Food Employees' Welfare Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Local 703 Ib Of T Grocery & Food Employees' Welfare Fund's revenue has grown by 49.5%, moving from $8.3M to $12.5M. Total assets increased by 23.7% over the same period, from $31.9M to $39.5M. Total functional expenses rose by 27.9%, from $9.3M to $12.0M. In its most recent filing year (2017), Local 703 Ib Of T Grocery & Food Employees' Welfare Fund reported a surplus of $512K, with revenue exceeding expenses. The organization holds $158K in liabilities against $39.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $39.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $12.5M | $12.0M | $39.5M | $158K | — | — |
| 2016 | $11.5M | $10.6M | $37.4M | $331K | — | View 990 |
| 2015 | $10.4M | $10.1M | $36.6M | $135K | — | View 990 |
| 2014 | $8.6M | $7.3M | $35.8M | $201K | — | View 990 |
| 2013 | $8.6M | $8.6M | $33.2M | $46K | — | View 990 |
| 2012 | $8.3M | $9.3M | $31.9M | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $12.5M, expenses of $12.0M, and assets of $39.5M (revenue +8.8% year-over-year).
- 2016: Revenue of $11.5M, expenses of $10.6M, and assets of $37.4M (revenue +10.0% year-over-year).
- 2015: Revenue of $10.4M, expenses of $10.1M, and assets of $36.6M (revenue +21.5% year-over-year).
- 2014: Revenue of $8.6M, expenses of $7.3M, and assets of $35.8M (revenue -0.6% year-over-year).
- 2013: Revenue of $8.6M, expenses of $8.6M, and assets of $33.2M (revenue +3.4% year-over-year).
- 2012: Revenue of $8.3M, expenses of $9.3M, and assets of $31.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local 703 Ib Of T Grocery & Food Employees' Welfare Fund:
Data Sources and Methodology
This transparency report for Local 703 Ib Of T Grocery & Food Employees' 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.