Nj Assoc Of Plumbing Heating Cooling Contractors Inc
NJ Plumbing Contractors Association: Steady Revenue, High Program Spending
EIN: 221505421 · Red Bank, NJ · NTEE: S03 · Updated: 2026-04-04
Is Nj Assoc Of Plumbing Heating Cooling Contractors Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nj Assoc Of Plumbing Heating Cooling Contractors Inc directs 84% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nj Assoc Of Plumbing Heating Cooling Contractors Inc
Nj Assoc Of Plumbing Heating Cooling Contractors Inc (EIN: 221505421) is a nonprofit organization based in Red Bank, NJ, classified under NTEE code S03. The organization reported total revenue of $640K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nj Assoc Of Plumbing Heating Cooling Contractors Inc'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 Nj Assoc Of Plumbing Heating Cooling Contractors Inc 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: 84%
- fundraising: 6%
According to IRS 990 filings, Nj Assoc Of Plumbing Heating Cooling Contractors Inc allocates its expenses as follows: admin: 10%, programs: 84%, fundraising: 6%. With 84% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported on Form 990, suggesting that no individual received more than $150,000 in reportable compensation from the organization or related organizations, or that the leadership is entirely volunteer-based.
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 Nj Assoc Of Plumbing Heating Cooling Contractors Inc:
- Consistently high program spending, averaging 84% of total expenses in 2023.
- Healthy revenue growth from $298,821 in 2021 to $593,900 in 2023.
- Strong asset base, growing from $242,726 in 2021 to $391,486 in 2023.
- Low administrative and fundraising costs, indicating efficient operations.
Frequently Asked Questions about Nj Assoc Of Plumbing Heating Cooling Contractors Inc
Is Nj Assoc Of Plumbing Heating Cooling Contractors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nj Assoc Of Plumbing Heating Cooling Contractors Inc (EIN: 221505421) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Nj Assoc Of Plumbing Heating Cooling Contractors Inc spend its money?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc directs 84% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nj Assoc Of Plumbing Heating Cooling Contractors Inc tax-deductible?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc is registered as a tax-exempt nonprofit (EIN: 221505421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Nj Assoc Of Plumbing Heating Cooling Contractors Inc do?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc is a nonprofit organization in the Community Improvement sector, located in Red Bank, New Jersey. It is classified under NTEE code S03.
How much revenue does Nj Assoc Of Plumbing Heating Cooling Contractors Inc have?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc reported total revenue of $639,642. Based on 13 IRS 990 filings on record.
What are Nj Assoc Of Plumbing Heating Cooling Contractors Inc's total assets?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc holds total assets of $531,205 as reported in IRS 990 filings.
Where is Nj Assoc Of Plumbing Heating Cooling Contractors Inc located?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc is based in Red Bank, New Jersey.
What is Nj Assoc Of Plumbing Heating Cooling Contractors Inc's EIN?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc's Employer Identification Number (EIN) is 221505421. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Nj Assoc Of Plumbing Heating Cooling Contractors Inc?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc is classified under NTEE code S03 (Community Improvement).
Is Nj Assoc Of Plumbing Heating Cooling Contractors Inc a registered 501(c)(3)?
Yes, Nj Assoc Of Plumbing Heating Cooling Contractors Inc is recognized as a tax-exempt organization by the IRS. EIN: 221505421.
Does Nj Assoc Of Plumbing Heating Cooling Contractors Inc file IRS Form 990?
Yes, Nj Assoc Of Plumbing Heating Cooling Contractors Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Nj Assoc Of Plumbing Heating Cooling Contractors Inc's revenue in 2023?
In the 202312 filing period, Nj Assoc Of Plumbing Heating Cooling Contractors Inc reported total revenue of $593,900, total expenses of $496,935, and net assets of $391,486.
Is Nj Assoc Of Plumbing Heating Cooling Contractors Inc's revenue growing or declining?
Nj Assoc Of Plumbing Heating Cooling Contractors Inc's revenue is growing. Revenue went from $451,435 (202212) to $593,900 (202312), a +31.6% change. Based on 13 filings on record.
What is Nj Assoc Of Plumbing Heating Cooling Contractors Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Nj Assoc Of Plumbing Heating Cooling Contractors Inc covers tax period 202312. It shows revenue of $593,900, expenses of $496,935, total assets of $391,486, and liabilities of $12,759.
How much does Nj Assoc Of Plumbing Heating Cooling Contractors Inc spend on programs vs administration?
Based on IRS 990 analysis, Nj Assoc Of Plumbing Heating Cooling Contractors Inc allocates approximately 84% of expenses to program services, 10% to administrative costs, and 6% to fundraising. This indicates strong program focus.
Is Nj Assoc Of Plumbing Heating Cooling Contractors Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Nj Assoc Of Plumbing Heating Cooling Contractors Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Nj Assoc Of Plumbing Heating Cooling Contractors Inc's strengths?
Positive indicators for Nj Assoc Of Plumbing Heating Cooling Contractors Inc include: Consistently high program spending, averaging 84% of total expenses in 2023.. Healthy revenue growth from $298,821 in 2021 to $593,900 in 2023.. Strong asset base, growing from $242,726 in 2021 to $391,486 in 2023.. Low administrative and fundraising costs, indicating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Nj Assoc Of Plumbing Heating Cooling Contractors Inc compensate executives?
Executive compensation is not reported on Form 990, suggesting that no individual received more than $150,000 in reportable compensation from the organization or related organizations, or that the leadership is entirely volunteer-based. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% reported compensation for officers, what mechanisms are in place to ensure robust governance and oversight, and how does the organization attract and retain skilled leadership without direct compensation?
The consistent 0% reported compensation suggests either a fully volunteer board and executive team or compensation levels below IRS reporting thresholds. This model relies heavily on the dedication and philanthropic spirit of its leaders. Governance is likely maintained through regular board meetings, adherence to bylaws, and potentially through the professional networks and reputations of its volunteer leaders. Attracting and retaining skilled leadership in such a model often depends on the mission's appeal, networking opportunities, and the prestige associated with serving the industry.
Filing History
IRS 990 filing history for Nj Assoc Of Plumbing Heating Cooling Contractors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nj Assoc Of Plumbing Heating Cooling Contractors Inc's revenue has grown by 406.8%, moving from $117K to $594K. Total assets increased by 1181.2% over the same period, from $31K to $391K. Total functional expenses rose by 257.1%, from $139K to $497K. In its most recent filing year (2023), Nj Assoc Of Plumbing Heating Cooling Contractors Inc reported a surplus of $97K, with revenue exceeding expenses. The organization holds $13K in liabilities against $391K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $379K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $594K | $497K | $391K | $13K | — | — |
| 2022 | $451K | $379K | $459K | $24K | — | View 990 |
| 2021 | $299K | $285K | $243K | $36K | — | View 990 |
| 2020 | $316K | $287K | $220K | $27K | — | View 990 |
| 2019 | $339K | $317K | $165K | $1K | — | View 990 |
| 2018 | $144K | $159K | $151K | $9K | — | View 990 |
| 2017 | $286K | $240K | $180K | $22K | — | View 990 |
| 2016 | $269K | $240K | $129K | $17K | — | View 990 |
| 2015 | $259K | $231K | $90K | $7K | — | View 990 |
| 2014 | $129K | $135K | $58K | $3K | — | View 990 |
| 2013 | $144K | $100K | $63K | $3K | — | View 990 |
| 2012 | $147K | $152K | $26K | $10K | — | View 990 |
| 2011 | $117K | $139K | $31K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $594K, expenses of $497K, and assets of $391K (revenue +31.6% year-over-year).
- 2022: Revenue of $451K, expenses of $379K, and assets of $459K (revenue +51.1% year-over-year).
- 2021: Revenue of $299K, expenses of $285K, and assets of $243K (revenue -5.5% year-over-year).
- 2020: Revenue of $316K, expenses of $287K, and assets of $220K (revenue -6.7% year-over-year).
- 2019: Revenue of $339K, expenses of $317K, and assets of $165K (revenue +135.8% year-over-year).
- 2018: Revenue of $144K, expenses of $159K, and assets of $151K (revenue -49.7% year-over-year).
- 2017: Revenue of $286K, expenses of $240K, and assets of $180K (revenue +6.1% year-over-year).
- 2016: Revenue of $269K, expenses of $240K, and assets of $129K (revenue +3.8% year-over-year).
- 2015: Revenue of $259K, expenses of $231K, and assets of $90K (revenue +101.2% year-over-year).
- 2014: Revenue of $129K, expenses of $135K, and assets of $58K (revenue -10.6% year-over-year).
- 2013: Revenue of $144K, expenses of $100K, and assets of $63K (revenue -1.7% year-over-year).
- 2012: Revenue of $147K, expenses of $152K, and assets of $26K (revenue +25.2% year-over-year).
- 2011: Revenue of $117K, expenses of $139K, and assets of $31K.
Data Sources and Methodology
This transparency report for Nj Assoc Of Plumbing Heating Cooling Contractors Inc 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.