National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non
National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non experiences fluctuating annual deficits and surpluses, maintaining substantial assets with no reported officer compensation.
EIN: 161438193 · Williamsville, NY · NTEE: Y43 · Updated: 2026-03-28
Is National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non
National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non (EIN: 161438193) is a nonprofit organization based in Williamsville, NY, classified under NTEE code Y43. The organization reported total revenue of $2.6M and total assets of $43.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non '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 National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non with a Mission Score of 75 out of 100 (Good). 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, National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for financial transparency and resource allocation.
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 National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non 's IRS 990 filings:
- Frequent annual operating deficits (e.g., 2023, 2021, 2020, 2019) where expenses significantly exceed revenue, which could indicate reliance on asset drawdowns.
- Lack of detailed expense breakdown in public filings to fully assess administrative efficiency beyond officer compensation.
Strengths
The following positive indicators were identified for National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non :
- Consistent reporting of 0% officer compensation, indicating no executive pay.
- Substantial and stable asset base (over $43 million in latest filing) providing financial security.
- Clear mission as an employee benefit organization (VEBA).
Frequently Asked Questions about National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non
Is National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non a legitimate charity?
Based on AI analysis of IRS 990 filings, National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non (EIN: 161438193) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non spend its money?
National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non tax-deductible?
National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non is registered as a tax-exempt nonprofit (EIN: 161438193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non a good charity?
As a Voluntary Employees' Beneficiary Association (VEBA), it's not a traditional public charity but rather an entity managing employee benefits. Its 'goodness' should be assessed based on its effectiveness in providing promised benefits to its members and its financial stewardship, which appears stable given its significant assets and zero officer compensation.
Why do expenses often exceed revenue for this organization?
The organization frequently reports expenses exceeding revenue, for example, in 2023 with $5,063,667 in expenses against $2,921,738 in revenue. This could be due to the nature of a VEBA, where benefit payouts (expenses) might fluctuate based on member needs, potentially drawing from accumulated assets in certain years rather than solely relying on annual contributions (revenue).
What is the purpose of this organization?
Based on its name and NTEE code (Y43 - Employee Benefit Organizations), it is a Voluntary Employees' Beneficiary Association (VEBA). Its purpose is to provide for the payment of life, sick, accident, and other benefits to its members and their dependents.
How does the organization manage its significant assets?
The organization consistently holds substantial assets, such as $43,228,668 in the latest period and often over $50 million in prior years. These assets are likely invested to ensure the long-term solvency and ability to pay benefits to its members, especially during periods where annual expenses exceed revenue.
Filing History
IRS 990 filing history for National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non 's revenue has declined by 59.6%, moving from $7.2M to $2.9M. Total assets increased by 28% over the same period, from $33.8M to $43.2M. Total functional expenses rose by 69.4%, from $3.0M to $5.1M. In its most recent filing year (2023), National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $21K in liabilities against $43.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $5.1M | $43.2M | $21K | — | — |
| 2022 | $3.8M | $2.5M | $45.3M | $8K | — | — |
| 2021 | $4.8M | $5.3M | $55.4M | $772K | — | View 990 |
| 2020 | $2.9M | $4.9M | $53.8M | $622K | — | View 990 |
| 2019 | $961K | $4.3M | $53.0M | $8K | — | View 990 |
| 2018 | $3.6M | $4.0M | $53.7M | $6K | — | View 990 |
| 2017 | $4.0M | $4.9M | $55.0M | $7K | — | View 990 |
| 2016 | $2.6M | $3.8M | $54.2M | $7K | — | View 990 |
| 2015 | $5.7M | $3.0M | $53.6M | $8K | — | View 990 |
| 2014 | $6.9M | $3.5M | $56.7M | $576K | — | View 990 |
| 2013 | $16.5M | $4.6M | $55.1M | $779K | — | View 990 |
| 2012 | $9.0M | $3.7M | $44.0M | $146K | — | View 990 |
| 2011 | $7.2M | $3.0M | $33.8M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $5.1M, and assets of $43.2M (revenue -23.2% year-over-year).
- 2022: Revenue of $3.8M, expenses of $2.5M, and assets of $45.3M (revenue -20.2% year-over-year).
- 2021: Revenue of $4.8M, expenses of $5.3M, and assets of $55.4M (revenue +63.5% year-over-year).
- 2020: Revenue of $2.9M, expenses of $4.9M, and assets of $53.8M (revenue +203.1% year-over-year).
- 2019: Revenue of $961K, expenses of $4.3M, and assets of $53.0M (revenue -73.5% year-over-year).
- 2018: Revenue of $3.6M, expenses of $4.0M, and assets of $53.7M (revenue -9.8% year-over-year).
- 2017: Revenue of $4.0M, expenses of $4.9M, and assets of $55.0M (revenue +56.1% year-over-year).
- 2016: Revenue of $2.6M, expenses of $3.8M, and assets of $54.2M (revenue -54.7% year-over-year).
- 2015: Revenue of $5.7M, expenses of $3.0M, and assets of $53.6M (revenue -17.9% year-over-year).
- 2014: Revenue of $6.9M, expenses of $3.5M, and assets of $56.7M (revenue -57.9% year-over-year).
- 2013: Revenue of $16.5M, expenses of $4.6M, and assets of $55.1M (revenue +83.0% year-over-year).
- 2012: Revenue of $9.0M, expenses of $3.7M, and assets of $44.0M (revenue +24.3% year-over-year).
- 2011: Revenue of $7.2M, expenses of $3.0M, and assets of $33.8M.
Data Sources and Methodology
This transparency report for National Fuel Gas Distribution Corp Ny Div Vol Emp Ben Assoc For Non 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.