Local Union 969 Building Assoc
EIN: 742069389 · Grand Jct, CO
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Net Assets | $577K |
Is Local Union 969 Building Assoc 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 969 Building Assoc
Local Union 969 Building Assoc (EIN: 742069389) is a nonprofit organization based in Grand Jct, CO. The organization reported total revenue of $1.0M and total assets of $915K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local Union 969 Building Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local Union 969 Building Assoc is a mid-size nonprofit that has been operating for 46 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $329K |
| Total Expenses | $0 |
| Surplus / Deficit | +$329K |
| Total Assets | $915K |
| Total Liabilities | $338K |
| Net Assets | $577K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 37.0% |
Financial Health Grade: A
In 2019, Local Union 969 Building Assoc reported a surplus of $329K with revenue exceeding expenses, has a debt-to-asset ratio of 37.0% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Local Union 969 Building Assoc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -231.3% | — | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Local Union 969 Building Assoc 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 969 Building Assoc 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 (2019)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 37.0%.
Frequently Asked Questions about Local Union 969 Building Assoc
Is Local Union 969 Building Assoc a legitimate charity?
Local Union 969 Building Assoc (EIN: 742069389) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does Local Union 969 Building Assoc spend its money?
Local Union 969 Building Assoc reported $1.0M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Local Union 969 Building Assoc tax-deductible?
Local Union 969 Building Assoc is registered as a tax-exempt nonprofit (EIN: 742069389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local Union 969 Building Assoc located?
Local Union 969 Building Assoc is headquartered in Grand Jct, Colorado and files with the IRS under EIN 742069389.
How many years of IRS 990 filings does Local Union 969 Building Assoc have?
Local Union 969 Building Assoc has 9 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Local Union 969 Building Assoc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Local Union 969 Building Assoc's revenue has grown by 141.7%, moving from $136K to $329K. Total assets increased by 27.7% over the same period, from $717K to $915K. Total functional expenses fell by 100%, from $19K to $0. The organization holds $338K in liabilities against $915K in assets (debt-to-asset ratio: 37.0%), resulting in net assets of $577K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $329K | $0 | $915K | $338K | — | View 990 |
| 2018 | $-38,170 | $0 | $586K | $338K | — | — |
| 2017 | $-15,892 | $0 | $591K | $306K | — | View 990 |
| 2016 | $-27,762 | $0 | $607K | $305K | — | View 990 |
| 2015 | $-21,032 | $0 | $626K | $297K | — | View 990 |
| 2014 | $16K | $0 | $673K | $0 | — | View 990 |
| 2013 | $-25,850 | $0 | $663K | $6K | — | View 990 |
| 2012 | $-11,320 | $20K | $699K | $27K | — | View 990 |
| 2011 | $136K | $19K | $717K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $329K, expenses of $0, and assets of $915K.
- 2018: Revenue of $-38,170, expenses of $0, and assets of $586K.
- 2017: Revenue of $-15,892, expenses of $0, and assets of $591K.
- 2016: Revenue of $-27,762, expenses of $0, and assets of $607K.
- 2015: Revenue of $-21,032, expenses of $0, and assets of $626K (revenue -231.3% year-over-year).
- 2014: Revenue of $16K, expenses of $0, and assets of $673K.
- 2013: Revenue of $-25,850, expenses of $0, and assets of $663K.
- 2012: Revenue of $-11,320, expenses of $20K, and assets of $699K (revenue -108.3% year-over-year).
- 2011: Revenue of $136K, expenses of $19K, and assets of $717K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local Union 969 Building Assoc:
Data Sources and Methodology
This transparency report for Local Union 969 Building Assoc 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.