National Utility Contractors Association Of Rhode Island

National Utility Contractors Association Of Rhode Island consistently maintains financial surpluses and zero officer compensation.

EIN: 10649850 · Greenville, RI · NTEE: S41 · Updated: 2026-03-28

$153KRevenue

$405KAssets

85/100Mission Score (Excellent)

S41

About National Utility Contractors Association Of Rhode Island

National Utility Contractors Association Of Rhode Island (EIN: 10649850) is a nonprofit organization based in Greenville, RI, classified under NTEE code S41. The organization reported total revenue of $153K and total assets of $405K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Utility Contractors Association Of Rhode Island's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The National Utility Contractors Association Of Rhode Island (NUCA RI) demonstrates a generally stable financial position, with assets consistently exceeding liabilities. In the latest filing (202312), the organization reported revenue of $175,360 against expenses of $66,713, resulting in a significant surplus. This trend of revenue exceeding expenses is common, indicating sound financial management and an ability to build reserves, as evidenced by assets growing to $396,617. The organization's NTEE code S41 suggests it is a business or professional organization, and its financial activities align with supporting its members rather than direct public programs.

Spending efficiency appears strong, particularly in the most recent period where expenses were relatively low compared to revenue. Given the nature of a professional association, a significant portion of expenses would likely be allocated to member services, advocacy, and operational costs. The consistent reporting of 0% officer compensation is a notable aspect of its financial transparency and operational model, suggesting a volunteer-led or minimally compensated leadership structure.

Overall, NUCA RI appears to be a financially healthy and transparent organization, particularly concerning executive compensation. Its consistent asset growth and generally positive revenue-to-expense ratios across multiple years indicate a well-managed entity. The lack of detailed program spending breakdowns in the provided data makes a precise assessment of program efficiency challenging, but the overall financial health is positive.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Utility Contractors Association Of Rhode Island 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, National Utility Contractors Association Of Rhode Island allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 a volunteer-led structure or that compensation, if any, falls below reporting thresholds, 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.

Strengths

The following positive indicators were identified for National Utility Contractors Association Of Rhode Island:

Consistent financial surpluses, with revenue exceeding expenses in most periods (e.g., $175,360 revenue vs. $66,713 expenses in 202312).
Zero reported officer compensation across all filings, indicating strong financial transparency and potentially volunteer leadership.
Healthy asset growth, with assets increasing from $160,771 in 201612 to $396,617 in 202312.
Low liabilities relative to assets, demonstrating strong financial stability (e.g., $1,205 liabilities vs. $396,617 assets in 202312).

Frequently Asked Questions about National Utility Contractors Association Of Rhode Island

What specific services or programs does NUCA RI provide to its members?

Based on its NTEE code (S41 - Business & Professional Organizations) and financial data, NUCA RI likely focuses on advocacy, networking events, training, and other support services for utility contractors in Rhode Island. The IRS 990 data does not detail specific program names or activities.

How does NUCA RI manage its significant financial surpluses?

The organization consistently generates surpluses, such as $108,647 in 202312. These surpluses contribute to the growth of its assets, which reached $396,617 in 202312, suggesting a strategy of building reserves and potentially investing for future stability or member benefits.

Are there any plans to increase officer compensation in the future?

The provided IRS 990 data consistently shows 0% officer compensation. Any future changes would be reflected in subsequent filings, but there is no indication of such plans in the historical data.

Filing History

IRS 990 filing history for National Utility Contractors Association Of Rhode Island showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), National Utility Contractors Association Of Rhode Island's revenue has grown by 138%, moving from $74K to $175K. Total assets increased by 325.1% over the same period, from $93K to $397K. Total functional expenses fell by 16.5%, from $80K to $67K. In its most recent filing year (2023), National Utility Contractors Association Of Rhode Island reported a surplus of $109K, with revenue exceeding expenses. The organization holds $1K in liabilities against $397K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $395K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$175K	$67K	$397K	$1K	—	—
2022	$91K	$81K	$277K	$3K	—	View 990
2021	$58K	$101K	$285K	$2K	—	View 990
2020	$172K	$69K	$328K	$2K	—	—
2019	$110K	$79K	$225K	$2K	—	View 990
2018	$117K	$78K	$234K	$54K	—	View 990
2017	$110K	$77K	$201K	$51K	—	View 990
2016	$73K	$191K	$161K	$46K	—	View 990
2015	$111K	$72K	$268K	$51K	—	View 990
2014	$119K	$72K	$179K	$0	—	View 990
2013	$113K	$78K	$132K	$0	—	View 990
2012	$81K	$78K	$96K	$0	—	View 990
2011	$74K	$80K	$93K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $175K, expenses of $67K, and assets of $397K (revenue +93.1% year-over-year).
2022: Revenue of $91K, expenses of $81K, and assets of $277K (revenue +57.3% year-over-year).
2021: Revenue of $58K, expenses of $101K, and assets of $285K (revenue -66.3% year-over-year).
2020: Revenue of $172K, expenses of $69K, and assets of $328K (revenue +55.9% year-over-year).
2019: Revenue of $110K, expenses of $79K, and assets of $225K (revenue -6.0% year-over-year).
2018: Revenue of $117K, expenses of $78K, and assets of $234K (revenue +6.5% year-over-year).
2017: Revenue of $110K, expenses of $77K, and assets of $201K (revenue +50.6% year-over-year).
2016: Revenue of $73K, expenses of $191K, and assets of $161K (revenue -34.0% year-over-year).
2015: Revenue of $111K, expenses of $72K, and assets of $268K (revenue -6.9% year-over-year).
2014: Revenue of $119K, expenses of $72K, and assets of $179K (revenue +4.6% year-over-year).
2013: Revenue of $113K, expenses of $78K, and assets of $132K (revenue +40.2% year-over-year).
2012: Revenue of $81K, expenses of $78K, and assets of $96K (revenue +9.9% year-over-year).
2011: Revenue of $74K, expenses of $80K, and assets of $93K.

Data Sources and Methodology

This transparency report for National Utility Contractors Association Of Rhode Island 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.