Local Union 74 United Brotherhood Carpenters & Joiners
EIN: 620150495 · Hixson, TN · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $338K |
| Total Expenses | $363K |
| Net Assets | $829K |
Is Local Union 74 United Brotherhood Carpenters & Joiners Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local Union 74 United Brotherhood Carpenters & Joiners
Local Union 74 United Brotherhood Carpenters & Joiners (EIN: 620150495) is a nonprofit organization based in Hixson, TN, classified under NTEE code J40. The organization reported total revenue of $338K and total assets of $839K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local Union 74 United Brotherhood Carpenters & Joiners's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local Union 74 United Brotherhood Carpenters & Joiners is a small nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $363K |
| Surplus / Deficit | $-5,391 |
| Total Assets | $829K |
| Net Assets | $829K |
| Operating Margin | -1.5% |
| Months of Reserves | 27.4 months |
Financial Health Grade: B
In 2024, Local Union 74 United Brotherhood Carpenters & Joiners reported a deficit of $5K with expenses exceeding revenue, holds 27.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Local Union 74 United Brotherhood Carpenters & Joiners's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.1% | +8.3% | -0.8% |
| 2023 | +11.6% | +10.6% | +4.8% |
| 2022 | +3.8% | +7.6% | +2.3% |
| 2021 | +7.1% | +3.2% | +6.1% |
| 2020 | +17.4% | +2.7% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Local Union 74 United Brotherhood Carpenters & Joiners 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 Union 74 United Brotherhood Carpenters & Joiners 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Local Union 74 United Brotherhood Carpenters & Joiners
Is Local Union 74 United Brotherhood Carpenters & Joiners a legitimate charity?
Based on AI analysis of IRS 990 filings, Local Union 74 United Brotherhood Carpenters & Joiners (EIN: 620150495) insufficient data. 0 red flags identified, 0 strengths noted.
How does Local Union 74 United Brotherhood Carpenters & Joiners spend its money?
Detailed spending breakdown data is not yet available for Local Union 74 United Brotherhood Carpenters & Joiners. Check back for updated IRS 990 analysis.
Are donations to Local Union 74 United Brotherhood Carpenters & Joiners tax-deductible?
Local Union 74 United Brotherhood Carpenters & Joiners is registered as a tax-exempt nonprofit (EIN: 620150495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local Union 74 United Brotherhood Carpenters & Joiners located?
Local Union 74 United Brotherhood Carpenters & Joiners is headquartered in Hixson, Tennessee and files with the IRS under EIN 620150495. It is classified under NTEE code J40.
How many years of IRS 990 filings does Local Union 74 United Brotherhood Carpenters & Joiners have?
Local Union 74 United Brotherhood Carpenters & Joiners has 13 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 $338K in total revenue.
Filing History
IRS 990 filing history for Local Union 74 United Brotherhood Carpenters & Joiners showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Local Union 74 United Brotherhood Carpenters & Joiners's revenue has grown by 45.2%, moving from $246K to $358K. Total assets decreased by 8.9% over the same period, from $910K to $829K. Total functional expenses rose by 41.3%, from $257K to $363K. In its most recent filing year (2024), Local Union 74 United Brotherhood Carpenters & Joiners reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $358K | $363K | $829K | $0 | — | — |
| 2023 | $377K | $335K | $835K | $0 | — | — |
| 2022 | $338K | $303K | $797K | $0 | — | View 990 |
| 2021 | $326K | $282K | $779K | $0 | — | — |
| 2020 | $304K | $273K | $735K | $0 | — | View 990 |
| 2019 | $259K | $266K | $702K | $0 | — | View 990 |
| 2018 | $194K | $254K | $707K | $0 | — | View 990 |
| 2017 | $229K | $262K | $767K | $0 | — | — |
| 2016 | $235K | $261K | $800K | $0 | — | View 990 |
| 2015 | $241K | $277K | $825K | $0 | — | View 990 |
| 2014 | $243K | $264K | $861K | $0 | — | View 990 |
| 2013 | $241K | $264K | $880K | $0 | — | View 990 |
| 2012 | $246K | $257K | $910K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $358K, expenses of $363K, and assets of $829K (revenue -5.1% year-over-year).
- 2023: Revenue of $377K, expenses of $335K, and assets of $835K (revenue +11.6% year-over-year).
- 2022: Revenue of $338K, expenses of $303K, and assets of $797K (revenue +3.8% year-over-year).
- 2021: Revenue of $326K, expenses of $282K, and assets of $779K (revenue +7.1% year-over-year).
- 2020: Revenue of $304K, expenses of $273K, and assets of $735K (revenue +17.4% year-over-year).
- 2019: Revenue of $259K, expenses of $266K, and assets of $702K (revenue +33.8% year-over-year).
- 2018: Revenue of $194K, expenses of $254K, and assets of $707K (revenue -15.6% year-over-year).
- 2017: Revenue of $229K, expenses of $262K, and assets of $767K (revenue -2.6% year-over-year).
- 2016: Revenue of $235K, expenses of $261K, and assets of $800K (revenue -2.3% year-over-year).
- 2015: Revenue of $241K, expenses of $277K, and assets of $825K (revenue -0.9% year-over-year).
- 2014: Revenue of $243K, expenses of $264K, and assets of $861K (revenue +0.9% year-over-year).
- 2013: Revenue of $241K, expenses of $264K, and assets of $880K (revenue -2.3% year-over-year).
- 2012: Revenue of $246K, expenses of $257K, and assets of $910K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local Union 74 United Brotherhood Carpenters & Joiners:
Data Sources and Methodology
This transparency report for Local Union 74 United Brotherhood Carpenters & Joiners 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.