New England Regional Council Of Carpenters Building Corp Ny
New England Regional Council Of Carpenters Building Corp Ny maintains strong asset base with fluctuating annual expenses, showing no officer compensation.
EIN: 112929787 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $518K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $11.2M |
| Transparency Score | 85/100 |
Is New England Regional Council Of Carpenters Building Corp Ny Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New England Regional Council Of Carpenters Building Corp Ny directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New England Regional Council Of Carpenters Building Corp Ny
New England Regional Council Of Carpenters Building Corp Ny (EIN: 112929787) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $1.1M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Regional Council Of Carpenters Building Corp Ny's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Regional Council Of Carpenters Building Corp Ny is a mid-size nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $976K |
| Total Expenses | $518K |
| Surplus / Deficit | +$458K |
| Total Assets | $11.2M |
| Total Liabilities | $4K |
| Net Assets | $11.2M |
| Operating Margin | 46.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 260.3 months |
Financial Health Grade: A
In 2023, New England Regional Council Of Carpenters Building Corp Ny reported a surplus of $458K with revenue exceeding expenses, holds 260.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), New England Regional Council Of Carpenters Building Corp Ny's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +95.3% | -82.9% | +4.0% |
| 2022 | -51.0% | +442.1% | -20.5% |
| 2021 | +24.4% | +8.2% | +2.9% |
| 2020 | +26.8% | +12.8% | +3.1% |
| 2019 | -18.9% | -17.2% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 New England Regional Council Of Carpenters Building Corp Ny 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: 85%
- fundraising: 0%
According to IRS 990 filings, New England Regional Council Of Carpenters Building Corp Ny allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $458K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly efficient for an organization with over $11 million in assets.
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 New England Regional Council Of Carpenters Building Corp Ny's IRS 990 filings:
- Significant expense spike in 2022 without clear explanation in provided data.
- NTEE code is unknown, hindering sector-specific comparative analysis.
Strengths
The following positive indicators were identified for New England Regional Council Of Carpenters Building Corp Ny:
- Strong and consistent asset base, exceeding $11 million in recent years.
- Consistently low liabilities relative to assets, indicating financial stability (e.g., $3,543 in liabilities vs. $11,242,786 in assets in 2023).
- Zero officer compensation reported across all filings, indicating highly efficient executive cost management.
- Generally operates with expenses well below revenue, allowing for asset growth and reserves (e.g., 2023 revenue $975,887 vs. expenses $518,313).
Frequently Asked Questions about New England Regional Council Of Carpenters Building Corp Ny
Is New England Regional Council Of Carpenters Building Corp Ny a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Regional Council Of Carpenters Building Corp Ny (EIN: 112929787) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does New England Regional Council Of Carpenters Building Corp Ny spend its money?
New England Regional Council Of Carpenters Building Corp Ny directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New England Regional Council Of Carpenters Building Corp Ny tax-deductible?
New England Regional Council Of Carpenters Building Corp Ny is registered as a tax-exempt nonprofit (EIN: 112929787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New England Regional Council Of Carpenters Building Corp Ny CEO make?
New England Regional Council Of Carpenters Building Corp Ny's highest-compensated officer earns $11 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New England Regional Council Of Carpenters Building Corp Ny located?
New England Regional Council Of Carpenters Building Corp Ny is headquartered in Boston, Massachusetts and files with the IRS under EIN 112929787.
How many years of IRS 990 filings does New England Regional Council Of Carpenters Building Corp Ny have?
New England Regional Council Of Carpenters Building Corp Ny has 12 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 $1.1M in total revenue.
What caused the significant expense spike in 2022, where expenses ($3,033,201) far exceeded revenue ($499,675)?
This anomaly in 2022 is a critical point for further inquiry to understand if it was a one-time capital expenditure, a significant program investment, or an unusual operational cost.
Given the consistent 0% officer compensation, how are key leadership roles compensated, or are they entirely volunteer-based?
Understanding the compensation structure for leadership is important for assessing long-term sustainability and potential reliance on volunteer efforts.
What are the specific programs or activities that constitute the majority of the organization's spending?
Without an NTEE code or detailed program expense breakdown, it's challenging to fully assess the impact and alignment of spending with its stated mission.
Filing History
IRS 990 filing history for New England Regional Council Of Carpenters Building Corp Ny showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New England Regional Council Of Carpenters Building Corp Ny's revenue has declined by 8.3%, moving from $1.1M to $976K. Total assets increased by 58.8% over the same period, from $7.1M to $11.2M. Total functional expenses rose by 17.2%, from $442K to $518K. In its most recent filing year (2023), New England Regional Council Of Carpenters Building Corp Ny reported a surplus of $458K, with revenue exceeding expenses. The organization holds $4K in liabilities against $11.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $976K | $518K | $11.2M | $4K | — | View 990 |
| 2022 | $500K | $3.0M | $10.8M | $3K | — | View 990 |
| 2021 | $1.0M | $560K | $13.6M | $813 | — | View 990 |
| 2020 | $820K | $517K | $13.2M | $1K | — | View 990 |
| 2019 | $647K | $458K | $12.8M | $29K | — | View 990 |
| 2018 | $797K | $553K | $12.8M | $5.7M | — | — |
| 2017 | $670K | $398K | $12.5M | $5.7M | — | View 990 |
| 2016 | $808K | $418K | $9.9M | $3.4M | — | View 990 |
| 2015 | $860K | $420K | $9.5M | $3.4M | — | View 990 |
| 2014 | $866K | $496K | $9.1M | $3.4M | — | View 990 |
| 2013 | $889K | $378K | $8.7M | $3.4M | — | View 990 |
| 2012 | $1.1M | $442K | $7.1M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $976K, expenses of $518K, and assets of $11.2M (revenue +95.3% year-over-year).
- 2022: Revenue of $500K, expenses of $3.0M, and assets of $10.8M (revenue -51.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $560K, and assets of $13.6M (revenue +24.4% year-over-year).
- 2020: Revenue of $820K, expenses of $517K, and assets of $13.2M (revenue +26.8% year-over-year).
- 2019: Revenue of $647K, expenses of $458K, and assets of $12.8M (revenue -18.9% year-over-year).
- 2018: Revenue of $797K, expenses of $553K, and assets of $12.8M (revenue +19.0% year-over-year).
- 2017: Revenue of $670K, expenses of $398K, and assets of $12.5M (revenue -17.1% year-over-year).
- 2016: Revenue of $808K, expenses of $418K, and assets of $9.9M (revenue -6.1% year-over-year).
- 2015: Revenue of $860K, expenses of $420K, and assets of $9.5M (revenue -0.6% year-over-year).
- 2014: Revenue of $866K, expenses of $496K, and assets of $9.1M (revenue -2.6% year-over-year).
- 2013: Revenue of $889K, expenses of $378K, and assets of $8.7M (revenue -16.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $442K, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Regional Council Of Carpenters Building Corp Ny:
Data Sources and Methodology
This transparency report for New England Regional Council Of Carpenters Building Corp Ny 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.