Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel

Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel reports fluctuating financial performance with no officer compensation.

EIN: 20772989 · Northwood, OH · NTEE: Y43 · Updated: 2026-03-28

$7.1MRevenue

$20.2MAssets

85/100Mission Score (Excellent)

Y43

About Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel

Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel (EIN: 20772989) is a nonprofit organization based in Northwood, OH, classified under NTEE code Y43. The organization reported total revenue of $7.1M and total assets of $20.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel, operating as a Y43 (Pension / Retirement Issues) organization, exhibits fluctuating financial performance over the past decade. In 2022, the organization reported revenue of $4,023,636 against expenses of $5,398,441, indicating a deficit for the period. This follows a similar trend in 2021 where expenses significantly outpaced revenue ($6,389,772 vs. $2,085,527). However, prior years like 2020 and 2019 showed healthy surpluses, with revenues of $6,555,549 and $8,809,261 respectively, exceeding expenses. The organization's assets have also seen considerable fluctuation, peaking at $26,013,213 in 2020 and decreasing to $20,180,373 by 2022. Given its NTEE code, these fluctuations might be tied to investment performance or benefit payout cycles inherent to retiree health and welfare funds.

The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its primary purpose. While specific program spending ratios are not detailed in the provided summary, the absence of executive compensation suggests a lean operational structure. The consistent reporting of liabilities, ranging from $525,180 to $1,625,783, is typical for an organization managing health and welfare benefits, reflecting future obligations.

Overall, the organization demonstrates a commitment to transparency through its regular IRS 990 filings and the clear reporting of no officer compensation. Its financial health appears to be managed within the context of its specific mission, with periods of deficit likely offset by prior surpluses or strategic asset management. Further analysis of detailed program service expenses would provide a more granular understanding of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel 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

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual and suggests a volunteer-led or externally managed structure for leadership.

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 Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel's IRS 990 filings:

Significant annual deficits in recent years (e.g., $1,374,805 in 2022 and $4,304,245 in 2021) could indicate unsustainable spending if not offset by prior surpluses or specific fund management strategies.
Fluctuating asset base, decreasing from $26,013,213 in 2020 to $20,180,373 in 2022, warrants monitoring to ensure long-term solvency for retiree benefits.

Strengths

The following positive indicators were identified for Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel:

Consistent 0% officer compensation across all filings demonstrates exceptional financial efficiency and a strong commitment to its mission.
Substantial asset base of $20,180,373 in 2022 provides a buffer against financial fluctuations and supports long-term obligations.
Regular IRS 990 filings over 12 periods indicate a commitment to transparency and compliance.

Frequently Asked Questions about Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel

How does the organization manage its deficits, such as the $1,374,805 deficit in 2022?

The organization likely covers deficits through its accumulated assets, which stood at $20,180,373 in 2022, or through investment income not fully captured in the 'revenue' line item provided, which is common for health and welfare funds.

What are the primary drivers of the significant fluctuations in annual revenue and expenses?

Given its NTEE code (Pension / Retirement Issues), fluctuations are likely driven by investment returns, changes in contributions from employers or members, and the timing and volume of benefit payouts to retirees.

How does the organization sustain operations with 0% officer compensation?

This suggests that leadership roles may be filled by volunteers, or that administrative functions are outsourced or managed by staff whose compensation is not categorized as 'officer compensation' on the 990, or that it's a trust managed by a third party.

Filing History

IRS 990 filing history for Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel's revenue has declined by 3.7%, moving from $4.2M to $4.0M. Total assets increased by 175.2% over the same period, from $7.3M to $20.2M. Total functional expenses rose by 12.6%, from $4.8M to $5.4M. In its most recent filing year (2022), Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $20.2M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $18.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$4.0M	$5.4M	$20.2M	$1.3M	—	—
2021	$2.1M	$6.4M	$23.0M	$1.5M	—	View 990
2020	$6.6M	$4.4M	$26.0M	$660K	—	—
2019	$8.8M	$4.2M	$22.7M	$525K	—	View 990
2018	$7.3M	$5.0M	$16.7M	$449K	—	View 990
2017	$7.0M	$4.2M	$15.8M	$445K	—	View 990
2016	$8.3M	$4.3M	$12.7M	$794K	—	View 990
2015	$3.2M	$5.3M	$9.2M	$1.3M	—	View 990
2014	$5.7M	$5.5M	$11.7M	$1.6M	—	View 990
2013	$3.9M	$3.8M	$11.0M	$1.4M	—	View 990
2012	$5.9M	$4.0M	$9.9M	$790K	—	View 990
2011	$4.2M	$4.8M	$7.3M	$422K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $4.0M, expenses of $5.4M, and assets of $20.2M (revenue +92.9% year-over-year).
2021: Revenue of $2.1M, expenses of $6.4M, and assets of $23.0M (revenue -68.2% year-over-year).
2020: Revenue of $6.6M, expenses of $4.4M, and assets of $26.0M (revenue -25.6% year-over-year).
2019: Revenue of $8.8M, expenses of $4.2M, and assets of $22.7M (revenue +20.2% year-over-year).
2018: Revenue of $7.3M, expenses of $5.0M, and assets of $16.7M (revenue +4.3% year-over-year).
2017: Revenue of $7.0M, expenses of $4.2M, and assets of $15.8M (revenue -15.5% year-over-year).
2016: Revenue of $8.3M, expenses of $4.3M, and assets of $12.7M (revenue +157.8% year-over-year).
2015: Revenue of $3.2M, expenses of $5.3M, and assets of $9.2M (revenue -43.8% year-over-year).
2014: Revenue of $5.7M, expenses of $5.5M, and assets of $11.7M (revenue +46.1% year-over-year).
2013: Revenue of $3.9M, expenses of $3.8M, and assets of $11.0M (revenue -33.3% year-over-year).
2012: Revenue of $5.9M, expenses of $4.0M, and assets of $9.9M (revenue +41.0% year-over-year).
2011: Revenue of $4.2M, expenses of $4.8M, and assets of $7.3M.

Data Sources and Methodology

This transparency report for Northwestern Ohio Plumbers And Pipefitters Retiree Health And Wel 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.