Local 807 Labor & Mgmt Health Fund

Local 807 Health Fund maintains strong asset base with zero reported officer compensation.

EIN: 135548780 · Long Is City, NY · Updated: 2026-03-28

$22.1MRevenue

$76.0MAssets

92/100Mission Score (Excellent)

About Local 807 Labor & Mgmt Health Fund

Local 807 Labor & Mgmt Health Fund (EIN: 135548780) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $22.1M and total assets of $76.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 807 Labor & Mgmt Health Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Local 807 Labor & Mgmt Health Fund appears to be in a stable financial position, consistently maintaining substantial assets relative to its liabilities. For example, in the 202308 period, assets were $73,235,727 against liabilities of $2,574,918. The organization's revenue has fluctuated over the years, with a notable increase to $18,002,169 in 202308 from $11,681,321 in 202208, indicating variability in its funding streams. Spending efficiency seems reasonable, with expenses generally lower than revenue in most periods, allowing for asset growth. For instance, in 202308, expenses were $11,220,565 against $18,002,169 in revenue.

The organization's primary function as a health fund suggests that a significant portion of its expenses would be directed towards program services (i.e., health benefits). The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a focus on mission over executive pay. This practice minimizes potential conflicts of interest and ensures that funds are directed towards the beneficiaries. The steady growth in assets over the past decade, from $55,353,886 in 201408 to $73,235,727 in 202308, further underscores its financial health and ability to sustain its operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Local 807 Labor & Mgmt Health Fund with a Mission Score of 92 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Local 807 Labor & Mgmt Health Fund allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the fund, which is highly commendable for an organization of its size with assets exceeding $70 million.

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.

Strengths

The following positive indicators were identified for Local 807 Labor & Mgmt Health Fund:

Consistent 0% officer compensation across all filings, indicating strong financial integrity.
Substantial and growing asset base, reaching $76,021,311 in the latest period, demonstrating financial stability.
Expenses generally well below revenue, allowing for asset accumulation and long-term sustainability.
Low liabilities relative to assets, indicating strong financial solvency and risk management.

Frequently Asked Questions about Local 807 Labor & Mgmt Health Fund

Is Local 807 Labor & Mgmt Health Fund a good charity?

Based on the available data, the Local 807 Labor & Mgmt Health Fund appears to be a well-managed organization. It demonstrates strong financial health with growing assets, maintains low liabilities, and notably reports 0% officer compensation, suggesting a high degree of financial integrity and focus on its beneficiaries.

How has the organization's revenue trended over the past few years?

Revenue has fluctuated, with a significant increase from $11,681,321 in 202208 to $18,002,169 in 202308, and a peak of $22,107,926 in the latest reported period. This indicates variability in its funding, but generally strong financial inflows.

What is the organization's asset-to-liability ratio?

The organization maintains a very healthy asset-to-liability ratio. For example, in 202308, assets were $73,235,727 against liabilities of $2,574,918, indicating strong financial solvency.

Filing History

IRS 990 filing history for Local 807 Labor & Mgmt Health Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Local 807 Labor & Mgmt Health Fund's revenue has grown by 37.4%, moving from $13.1M to $18.0M. Total assets increased by 77.9% over the same period, from $41.2M to $73.2M. Total functional expenses fell by 1.1%, from $11.3M to $11.2M. In its most recent filing year (2023), Local 807 Labor & Mgmt Health Fund reported a surplus of $6.8M, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $73.2M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $70.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$18.0M	$11.2M	$73.2M	$2.6M	—	View 990
2022	$11.7M	$11.2M	$71.1M	$1.5M	—	View 990
2021	$13.0M	$11.8M	$75.5M	$1.4M	—	View 990
2020	$12.4M	$11.8M	$73.5M	$2.0M	—	View 990
2019	$16.5M	$11.9M	$71.8M	$1.9M	—	View 990
2018	$14.6M	$12.4M	$63.9M	$2.0M	—	View 990
2017	$14.0M	$11.3M	$61.1M	$1.8M	—	View 990
2016	$13.4M	$13.7M	$58.8M	$2.9M	—	View 990
2015	$17.7M	$11.8M	$56.0M	$2.2M	—	View 990
2014	$15.6M	$11.2M	$55.4M	$2.2M	—	View 990
2013	$11.8M	$9.4M	$48.4M	$1.7M	—	View 990
2012	$13.0M	$10.2M	$43.6M	$1.0M	—	View 990
2011	$13.1M	$11.3M	$41.2M	$3.1M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $18.0M, expenses of $11.2M, and assets of $73.2M (revenue +54.1% year-over-year).
2022: Revenue of $11.7M, expenses of $11.2M, and assets of $71.1M (revenue -10.1% year-over-year).
2021: Revenue of $13.0M, expenses of $11.8M, and assets of $75.5M (revenue +4.5% year-over-year).
2020: Revenue of $12.4M, expenses of $11.8M, and assets of $73.5M (revenue -24.7% year-over-year).
2019: Revenue of $16.5M, expenses of $11.9M, and assets of $71.8M (revenue +13.0% year-over-year).
2018: Revenue of $14.6M, expenses of $12.4M, and assets of $63.9M (revenue +4.8% year-over-year).
2017: Revenue of $14.0M, expenses of $11.3M, and assets of $61.1M (revenue +4.3% year-over-year).
2016: Revenue of $13.4M, expenses of $13.7M, and assets of $58.8M (revenue -24.5% year-over-year).
2015: Revenue of $17.7M, expenses of $11.8M, and assets of $56.0M (revenue +13.3% year-over-year).
2014: Revenue of $15.6M, expenses of $11.2M, and assets of $55.4M (revenue +32.6% year-over-year).
2013: Revenue of $11.8M, expenses of $9.4M, and assets of $48.4M (revenue -9.0% year-over-year).
2012: Revenue of $13.0M, expenses of $10.2M, and assets of $43.6M (revenue -1.1% year-over-year).
2011: Revenue of $13.1M, expenses of $11.3M, and assets of $41.2M.

Data Sources and Methodology

This transparency report for Local 807 Labor & Mgmt Health 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.