Metro I L A Fringe Benefits Fund

Metro I L A Fringe Benefits Fund consistently grows assets with stable revenue and no reported officer compensation.

EIN: 133050863 · Rutherford, NJ · Updated: 2026-03-28

$99.0MRevenue

$81.6MAssets

85/100Mission Score (Excellent)

About Metro I L A Fringe Benefits Fund

Metro I L A Fringe Benefits Fund (EIN: 133050863) is a nonprofit organization based in Rutherford, NJ. The organization reported total revenue of $99.0M and total assets of $81.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metro I L A Fringe Benefits Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Metro I L A Fringe Benefits Fund demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For instance, in 2023, revenue was $49,257,511 against expenses of $48,100,629, resulting in a surplus. The organization's assets have grown from $46,860,480 in 2014 to $73,316,234 in 2023, indicating sound financial management and accumulation of resources. Liabilities have remained relatively low compared to assets, suggesting a healthy balance sheet.

Spending efficiency appears strong, as the organization consistently manages its expenses in relation to its revenue. Given its nature as a fringe benefits fund, a significant portion of its expenses would likely be direct benefit payments, which aligns with a high program spending ratio. The absence of reported officer compensation across all filings suggests that executive remuneration is either covered by another entity or is not directly reported as such, which could be a point of inquiry for full transparency.

Overall, the fund appears financially stable and well-managed, with a clear focus on its primary purpose of providing benefits. The consistent growth in assets and controlled liabilities, coupled with no reported officer compensation, points to a fiscally responsible operation. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Metro I L A Fringe Benefits 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Metro I L A Fringe Benefits Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive salaries are either not paid or are covered by an external entity, which is unusual for an organization of this size with revenues nearing $100 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.

Red Flags

The following concerns were identified during AI analysis of Metro I L A Fringe Benefits Fund's IRS 990 filings:

Consistent 0% officer compensation reported, which may obscure actual executive remuneration if paid by an affiliate.
Lack of detailed functional expense breakdown in available data, limiting precise spending efficiency analysis.

Strengths

The following positive indicators were identified for Metro I L A Fringe Benefits Fund:

Consistent revenue generation and asset growth over the past decade, indicating financial stability.
Liabilities remain low relative to assets, demonstrating a healthy balance sheet.
Expenses are consistently managed below revenue, leading to annual surpluses and asset accumulation (e.g., 2023 revenue $49.2M vs. expenses $48.1M).

Frequently Asked Questions about Metro I L A Fringe Benefits Fund

What is the detailed breakdown of expenses into program, administrative, and fundraising categories?

Without a detailed functional expense statement, it's difficult to precisely determine the exact percentages. However, as a fringe benefits fund, the vast majority of expenses are presumed to be direct benefit payments (program services).

Why is officer compensation consistently reported as 0%?

This could indicate that officers are compensated by an affiliated entity, or that the fund operates with volunteer leadership, which would be highly unusual for an organization of this financial scale.

What is the nature of the 'fringe benefits' provided by the fund?

The filings do not specify the exact types of fringe benefits, but typically these funds provide health, pension, or other welfare benefits to union members or employees.

Filing History

IRS 990 filing history for Metro I L A Fringe Benefits Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Metro I L A Fringe Benefits Fund's revenue has grown by 47.9%, moving from $33.3M to $49.3M. Total assets increased by 61.2% over the same period, from $45.5M to $73.3M. Total functional expenses rose by 60.1%, from $30.1M to $48.1M. In its most recent filing year (2023), Metro I L A Fringe Benefits Fund reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $81K in liabilities against $73.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $73.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$49.3M	$48.1M	$73.3M	$81K	—	—
2022	$51.8M	$46.8M	$69.5M	$173K	—	View 990
2021	$55.3M	$43.4M	$68.5M	$145K	—	View 990
2020	$44.5M	$42.1M	$61.0M	$181K	—	View 990
2019	$46.0M	$41.7M	$57.2M	$339K	—	—
2018	$41.1M	$40.9M	$49.9M	$207K	—	View 990
2017	$39.7M	$39.6M	$50.3M	$142K	—	View 990
2016	$39.1M	$40.0M	$48.3M	$130K	—	View 990
2015	$42.4M	$38.8M	$48.7M	$373K	—	View 990
2014	$41.1M	$42.4M	$46.9M	$591K	—	View 990
2013	$41.6M	$34.7M	$57.7M	$120K	—	View 990
2012	$38.8M	$32.4M	$52.5M	$2.1M	—	View 990
2011	$33.3M	$30.1M	$45.5M	$1.5M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $49.3M, expenses of $48.1M, and assets of $73.3M (revenue -5.0% year-over-year).
2022: Revenue of $51.8M, expenses of $46.8M, and assets of $69.5M (revenue -6.3% year-over-year).
2021: Revenue of $55.3M, expenses of $43.4M, and assets of $68.5M (revenue +24.3% year-over-year).
2020: Revenue of $44.5M, expenses of $42.1M, and assets of $61.0M (revenue -3.2% year-over-year).
2019: Revenue of $46.0M, expenses of $41.7M, and assets of $57.2M (revenue +11.8% year-over-year).
2018: Revenue of $41.1M, expenses of $40.9M, and assets of $49.9M (revenue +3.5% year-over-year).
2017: Revenue of $39.7M, expenses of $39.6M, and assets of $50.3M (revenue +1.6% year-over-year).
2016: Revenue of $39.1M, expenses of $40.0M, and assets of $48.3M (revenue -7.9% year-over-year).
2015: Revenue of $42.4M, expenses of $38.8M, and assets of $48.7M (revenue +3.2% year-over-year).
2014: Revenue of $41.1M, expenses of $42.4M, and assets of $46.9M (revenue -1.0% year-over-year).
2013: Revenue of $41.6M, expenses of $34.7M, and assets of $57.7M (revenue +7.0% year-over-year).
2012: Revenue of $38.8M, expenses of $32.4M, and assets of $52.5M (revenue +16.6% year-over-year).
2011: Revenue of $33.3M, expenses of $30.1M, and assets of $45.5M.

Data Sources and Methodology

This transparency report for Metro I L A Fringe Benefits 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.