Mason Tenders District Council Welfare Fund
Mason Tenders District Council Welfare Fund shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 135537605 · New York, NY · NTEE: Y43 · Updated: 2026-03-28
Is Mason Tenders District Council Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mason Tenders District Council Welfare Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mason Tenders District Council Welfare Fund
Mason Tenders District Council Welfare Fund (EIN: 135537605) is a nonprofit organization based in New York, NY, classified under NTEE code Y43. The organization reported total revenue of $891.8M and total assets of $570.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mason Tenders District Council Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mason Tenders District Council Welfare Fund is a major nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259.2M |
| Total Expenses | $233.8M |
| Surplus / Deficit | +$25.4M |
| Total Assets | $560.4M |
| Total Liabilities | $44.8M |
| Net Assets | $515.6M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 28.8 months |
Financial Health Grade: A
In 2023, Mason Tenders District Council Welfare Fund reported a surplus of $25.4M with revenue exceeding expenses, holds 28.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mason Tenders District Council Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +15.5% | +8.2% |
| 2022 | +8.3% | -11.7% | -6.7% |
| 2021 | +16.7% | +12.0% | +2.3% |
| 2020 | -21.5% | -4.1% | +3.0% |
| 2019 | -0.5% | +9.5% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mason Tenders District Council Welfare Fund with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Mason Tenders District Council Welfare Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an entity managing hundreds of millions in revenue and assets. This suggests either that officers are truly unpaid, or their compensation is categorized under other expense lines, which could obscure a complete picture of executive remuneration.
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 Mason Tenders District Council Welfare Fund's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for large organization)
Strengths
The following positive indicators were identified for Mason Tenders District Council Welfare Fund:
- Consistent revenue growth over the past decade (e.g., $176M in 2014 to $259M in 2023)
- Strong asset accumulation, indicating financial stability (e.g., assets grew from $323M in 2014 to $560M in 2023)
- Generally operates with a surplus, demonstrating sound financial management
- No reported fundraising expenses, suggesting efficient operations or direct funding mechanisms
- High program spending ratio, indicating focus on mission-related activities
Frequently Asked Questions about Mason Tenders District Council Welfare Fund
Is Mason Tenders District Council Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Mason Tenders District Council Welfare Fund (EIN: 135537605) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Mason Tenders District Council Welfare Fund spend its money?
Mason Tenders District Council Welfare Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mason Tenders District Council Welfare Fund tax-deductible?
Mason Tenders District Council Welfare Fund is registered as a tax-exempt nonprofit (EIN: 135537605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with hundreds of millions in revenue and assets. This could imply that leadership is compensated through other means not classified as 'officer compensation' on the 990, or that the organization is managed by volunteers, which would be exceptional for its size.
What are the primary program activities funded by the Mason Tenders District Council Welfare Fund?
Based on the NTEE code Y43 (Employee Welfare Organizations), the primary program activities are likely related to providing welfare benefits to members of the Mason Tenders District Council, such as health, pension, or other employee benefits. The high program spending ratio supports this.
Has the organization experienced any significant financial challenges or deficits?
While generally operating with surpluses, there were periods like 2021 and 2020 where expenses ($229,409,401 and $204,800,345 respectively) slightly exceeded revenue ($219,410,889 and $188,065,148 respectively). However, these deficits were minor relative to the organization's overall financial health and asset base, and the organization quickly returned to surplus in subsequent years.
Filing History
IRS 990 filing history for Mason Tenders District Council Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mason Tenders District Council Welfare Fund's revenue has grown by 83.7%, moving from $141.1M to $259.2M. Total assets increased by 148.1% over the same period, from $225.9M to $560.4M. Total functional expenses rose by 98.7%, from $117.7M to $233.8M. In its most recent filing year (2023), Mason Tenders District Council Welfare Fund reported a surplus of $25.4M, with revenue exceeding expenses. The organization holds $44.8M in liabilities against $560.4M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $515.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259.2M | $233.8M | $560.4M | $44.8M | — | — |
| 2022 | $237.7M | $202.5M | $517.7M | $41.4M | — | — |
| 2021 | $219.4M | $229.4M | $555.0M | $47.9M | — | View 990 |
| 2020 | $188.1M | $204.8M | $542.6M | $39.3M | — | — |
| 2019 | $239.6M | $213.5M | $526.9M | $36.0M | — | View 990 |
| 2018 | $240.7M | $194.9M | $452.6M | $34.1M | — | View 990 |
| 2017 | $219.5M | $185.8M | $417.1M | $33.4M | — | — |
| 2016 | $205.7M | $182.4M | $370.7M | $31.9M | — | View 990 |
| 2015 | $194.5M | $175.6M | $339.9M | $32.1M | — | View 990 |
| 2014 | $176.3M | $151.1M | $323.3M | $24.6M | — | View 990 |
| 2013 | $165.7M | $141.3M | $295.5M | $26.2M | — | View 990 |
| 2012 | $147.1M | $123.7M | $256.4M | $19.7M | — | View 990 |
| 2011 | $141.1M | $117.7M | $225.9M | $23.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259.2M, expenses of $233.8M, and assets of $560.4M (revenue +9.0% year-over-year).
- 2022: Revenue of $237.7M, expenses of $202.5M, and assets of $517.7M (revenue +8.3% year-over-year).
- 2021: Revenue of $219.4M, expenses of $229.4M, and assets of $555.0M (revenue +16.7% year-over-year).
- 2020: Revenue of $188.1M, expenses of $204.8M, and assets of $542.6M (revenue -21.5% year-over-year).
- 2019: Revenue of $239.6M, expenses of $213.5M, and assets of $526.9M (revenue -0.5% year-over-year).
- 2018: Revenue of $240.7M, expenses of $194.9M, and assets of $452.6M (revenue +9.7% year-over-year).
- 2017: Revenue of $219.5M, expenses of $185.8M, and assets of $417.1M (revenue +6.7% year-over-year).
- 2016: Revenue of $205.7M, expenses of $182.4M, and assets of $370.7M (revenue +5.7% year-over-year).
- 2015: Revenue of $194.5M, expenses of $175.6M, and assets of $339.9M (revenue +10.3% year-over-year).
- 2014: Revenue of $176.3M, expenses of $151.1M, and assets of $323.3M (revenue +6.4% year-over-year).
- 2013: Revenue of $165.7M, expenses of $141.3M, and assets of $295.5M (revenue +12.7% year-over-year).
- 2012: Revenue of $147.1M, expenses of $123.7M, and assets of $256.4M (revenue +4.3% year-over-year).
- 2011: Revenue of $141.1M, expenses of $117.7M, and assets of $225.9M.
Data Sources and Methodology
This transparency report for Mason Tenders District Council 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.