Local 945 Pension Fund Building Corp
Local 945 Pension Fund Building Corp: Consistent Revenue, High Administrative Costs
EIN: 222893340 · Wayne, NJ · Updated: 2026-04-04
About Local 945 Pension Fund Building Corp
Local 945 Pension Fund Building Corp (EIN: 222893340) is a nonprofit organization based in Wayne, NJ. The organization reported total revenue of $152K and total assets of $641K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 945 Pension Fund Building Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Local 945 Pension Fund Building Corp with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Local 945 Pension Fund Building Corp allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, as all compensation (c) is listed as 0% across all years.
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 Local 945 Pension Fund Building Corp's IRS 990 filings:
- Zero program service accomplishments reported across all years, suggesting no direct charitable impact.
- 100% of reported expenses are categorized as administrative, with no spending on programs or fundraising.
- The organization's purpose as a 'Pension Fund Building Corp' with no program spending raises questions about its nonprofit classification and activities.
Strengths
The following positive indicators were identified for Local 945 Pension Fund Building Corp:
- Consistent revenue stream over multiple years.
- Assets have remained relatively stable, ranging from $284,031 to $607,766.
Frequently Asked Questions about Local 945 Pension Fund Building Corp
What does Local 945 Pension Fund Building Corp do?
Local 945 Pension Fund Building Corp is a nonprofit organization in the Unknown sector, located in Wayne, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Local 945 Pension Fund Building Corp have?
Local 945 Pension Fund Building Corp reported total revenue of $152,460. Based on 13 IRS 990 filings on record.
What are Local 945 Pension Fund Building Corp's total assets?
Local 945 Pension Fund Building Corp holds total assets of $640,984 as reported in IRS 990 filings.
Where is Local 945 Pension Fund Building Corp located?
Local 945 Pension Fund Building Corp is based in Wayne, New Jersey.
What is Local 945 Pension Fund Building Corp's EIN?
Local 945 Pension Fund Building Corp's Employer Identification Number (EIN) is 222893340. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Local 945 Pension Fund Building Corp?
Local 945 Pension Fund Building Corp is classified under NTEE code Unknown (Unknown).
Is Local 945 Pension Fund Building Corp a registered 501(c)(3)?
Local 945 Pension Fund Building Corp appears in IRS records (EIN: 222893340). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Local 945 Pension Fund Building Corp file IRS Form 990?
Yes, Local 945 Pension Fund Building Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Local 945 Pension Fund Building Corp's revenue in 2023?
In the 202312 filing period, Local 945 Pension Fund Building Corp reported total revenue of $128,366, total expenses of $150,777, and net assets of $293,688.
Is Local 945 Pension Fund Building Corp's revenue growing or declining?
Local 945 Pension Fund Building Corp's revenue is relatively stable. Revenue went from $130,849 (202212) to $128,366 (202312), a -1.9% change. Based on 13 filings on record.
What is Local 945 Pension Fund Building Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Local 945 Pension Fund Building Corp covers tax period 202312. It shows revenue of $128,366, expenses of $150,777, total assets of $293,688, and liabilities of $492.
Is Local 945 Pension Fund Building Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Local 945 Pension Fund Building Corp shows mixed signals. Mission Score: 50/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for Local 945 Pension Fund Building Corp?
The following concerns were identified: Zero program service accomplishments reported across all years, suggesting no direct charitable impact.. 100% of reported expenses are categorized as administrative, with no spending on programs or fundraising.. The organization's purpose as a 'Pension Fund Building Corp' with no program spending raises questions about its nonprofit classification and activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Local 945 Pension Fund Building Corp's strengths?
Positive indicators for Local 945 Pension Fund Building Corp include: Consistent revenue stream over multiple years.. Assets have remained relatively stable, ranging from $284,031 to $607,766.. These findings are derived from AI analysis of the organization's financial filings.
How does Local 945 Pension Fund Building Corp compensate executives?
Executive compensation is not reported in the provided data, as all compensation (c) is listed as 0% across all years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Local 945 Pension Fund Building Corp?
- The organization consistently reports 0% program service accomplishments, indicating no direct charitable activities. - Financial filings show consistent revenue around $129,553 - $134,121 annually, primarily offset by expenses. - Liabilities have fluctuated, with a notable increase to $35,208 in 2021 before decreasing. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of 0% program service accomplishments and 100% administrative expenses, what is the actual charitable purpose or activity of the Local 945 Pension Fund Building Corp?
Based on the provided data, the organization does not appear to engage in direct charitable programs. Its activities seem to be solely administrative, likely related to managing assets or property for the pension fund, rather than providing services to beneficiaries or the public.
How does the organization sustain its operations with consistent expenses (e.g., $150,777 in 2023) that often exceed its reported revenue (e.g., $128,366 in 2023)?
The consistent deficit between revenue and expenses suggests that the organization is either drawing from its assets to cover operational costs or has other unreported income streams. For example, in 2023, expenses ($150,777) exceeded revenue ($128,366) by $22,411, which would reduce its assets.
Filing History
IRS 990 filing history for Local 945 Pension Fund Building Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Local 945 Pension Fund Building Corp's revenue has declined by 6.2%, moving from $137K to $128K. Total assets decreased by 56.1% over the same period, from $668K to $294K. Total functional expenses rose by 10.2%, from $137K to $151K. In its most recent filing year (2023), Local 945 Pension Fund Building Corp reported a deficit of $22K, with expenses exceeding revenue. The organization holds $492 in liabilities against $294K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $151K | $294K | $492 | — | — |
| 2022 | $131K | $154K | $318K | $2K | — | View 990 |
| 2021 | $130K | $159K | $342K | $35K | — | View 990 |
| 2020 | $130K | $149K | $344K | $8K | — | — |
| 2019 | $130K | $164K | $284K | $6K | — | — |
| 2018 | $130K | $159K | $324K | $11K | — | View 990 |
| 2017 | $130K | $153K | $348K | $6K | — | View 990 |
| 2016 | $134K | $154K | $608K | $5K | — | View 990 |
| 2015 | $135K | $147K | $629K | $6K | — | View 990 |
| 2014 | $135K | $145K | $639K | $5K | — | View 990 |
| 2013 | $135K | $147K | $649K | $5K | — | View 990 |
| 2012 | $137K | $144K | $660K | $5K | — | View 990 |
| 2011 | $137K | $137K | $668K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $151K, and assets of $294K (revenue -1.9% year-over-year).
- 2022: Revenue of $131K, expenses of $154K, and assets of $318K (revenue +1.0% year-over-year).
- 2021: Revenue of $130K, expenses of $159K, and assets of $342K (revenue +0.0% year-over-year).
- 2020: Revenue of $130K, expenses of $149K, and assets of $344K (revenue +0.0% year-over-year).
- 2019: Revenue of $130K, expenses of $164K, and assets of $284K (revenue +0.0% year-over-year).
- 2018: Revenue of $130K, expenses of $159K, and assets of $324K (revenue +0.0% year-over-year).
- 2017: Revenue of $130K, expenses of $153K, and assets of $348K (revenue -3.4% year-over-year).
- 2016: Revenue of $134K, expenses of $154K, and assets of $608K (revenue -1.0% year-over-year).
- 2015: Revenue of $135K, expenses of $147K, and assets of $629K (revenue +0.0% year-over-year).
- 2014: Revenue of $135K, expenses of $145K, and assets of $639K (revenue +0.4% year-over-year).
- 2013: Revenue of $135K, expenses of $147K, and assets of $649K (revenue -1.4% year-over-year).
- 2012: Revenue of $137K, expenses of $144K, and assets of $660K (revenue +-0.0% year-over-year).
- 2011: Revenue of $137K, expenses of $137K, and assets of $668K.
Data Sources and Methodology
This transparency report for Local 945 Pension Fund Building Corp 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.