Pavers & Road Builders District Council Welfare Fund

Pavers & Road Builders District Council Welfare Fund shows consistent revenue and asset growth with zero reported officer compensation.

EIN: 135562753 · Whitestone, NY · Updated: 2026-03-28

$263.1MRevenue

$190.3MAssets

85/100Mission Score (Excellent)

About Pavers & Road Builders District Council Welfare Fund

Pavers & Road Builders District Council Welfare Fund (EIN: 135562753) is a nonprofit organization based in Whitestone, NY. The organization reported total revenue of $263.1M and total assets of $190.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pavers & Road Builders District Council Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Pavers & Road Builders District Council Welfare Fund demonstrates consistent financial growth over the past decade, with revenue increasing from $29.2 million in 2014 to $80.7 million in 2023. The organization consistently reports zero officer compensation, which is a positive indicator for transparency and efficient use of funds, as it suggests that the primary beneficiaries of the fund are its members rather than high-paid executives. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The fund's assets have also grown substantially, from $46 million in 2014 to $173.5 million in 2023, indicating strong financial management and accumulation of reserves.

While the organization's financial health appears robust, the lack of detailed expense categorization in the provided data limits a comprehensive assessment of its spending efficiency. For instance, the total expenses for 2023 were $73.4 million against $80.7 million in revenue, leaving a surplus. To fully understand its efficiency, a breakdown of how these expenses are allocated across its core welfare programs versus administrative overhead would be crucial. The consistent growth in assets and revenue, coupled with zero officer compensation, suggests a well-managed fund focused on its stated purpose, likely providing benefits to its members.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pavers & Road Builders District Council Welfare Fund 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, Pavers & Road Builders District Council Welfare Fund 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 benefits are paid to officers, which is highly unusual for an organization of this size and suggests that the fund's operations are managed without executive salaries or that such compensation is categorized differently.

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 Pavers & Road Builders District Council Welfare Fund's IRS 990 filings:

Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.
NTEE code is unknown, which can hinder categorization and comparison with similar organizations.

Strengths

The following positive indicators were identified for Pavers & Road Builders District Council Welfare Fund:

Consistent and significant revenue growth over the past decade, from $29.2M in 2014 to $80.7M in 2023.
Substantial growth in assets, from $46M in 2014 to $173.5M in 2023, indicating strong financial health.
Zero reported officer compensation across all filings, suggesting funds are not diverted to executive salaries.
Consistent positive net income (revenue exceeding expenses) in all reported periods, contributing to asset growth.

Frequently Asked Questions about Pavers & Road Builders District Council Welfare Fund

What specific welfare benefits does the fund provide to its members?

The provided IRS 990 data does not detail the specific welfare benefits offered by the fund. This information would typically be found in the organization's program service accomplishments section of the Form 990.

How are the 'expenses' categorized if there is no officer compensation?

Without a detailed breakdown from the Form 990, it's difficult to ascertain the exact categorization of expenses. Given it's a welfare fund, a significant portion would likely be direct benefit payments, insurance premiums, and administrative costs associated with managing these benefits.

What is the NTEE code for this organization?

The NTEE code for this organization is listed as 'Unknown' in the provided data.

What is the primary source of the fund's revenue?

The provided data only states 'Revenue' without specifying its source. For a welfare fund, common sources include employer contributions, investment income, and potentially member contributions.

Filing History

IRS 990 filing history for Pavers & Road Builders District Council Welfare Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Pavers & Road Builders District Council Welfare Fund's revenue has grown by 210%, moving from $26.1M to $80.8M. Total assets increased by 502.8% over the same period, from $28.8M to $173.5M. Total functional expenses rose by 206.9%, from $23.9M to $73.4M. In its most recent filing year (2023), Pavers & Road Builders District Council Welfare Fund reported a surplus of $7.4M, with revenue exceeding expenses. The organization holds $17.4M in liabilities against $173.5M in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $156.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$80.8M	$73.4M	$173.5M	$17.4M	—	—
2022	$73.1M	$65.6M	$156.2M	$14.9M	—	—
2021	$70.1M	$58.4M	$157.9M	$11.6M	—	View 990
2020	$64.3M	$54.2M	$144.4M	$10.7M	—	View 990
2019	$70.7M	$55.2M	$132.0M	$12.0M	—	View 990
2018	$58.1M	$42.4M	$104.0M	$7.6M	—	View 990
2017	$50.7M	$35.0M	$90.0M	$7.2M	—	—
2016	$40.1M	$27.5M	$63.9M	$211K	—	View 990
2015	$33.0M	$28.1M	$49.7M	$325K	—	View 990
2014	$29.3M	$25.5M	$46.0M	$196K	—	View 990
2013	$30.5M	$25.3M	$38.2M	$159K	—	View 990
2012	$28.3M	$24.9M	$33.1M	$141K	—	View 990
2011	$26.1M	$23.9M	$28.8M	$151K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $80.8M, expenses of $73.4M, and assets of $173.5M (revenue +10.5% year-over-year).
2022: Revenue of $73.1M, expenses of $65.6M, and assets of $156.2M (revenue +4.3% year-over-year).
2021: Revenue of $70.1M, expenses of $58.4M, and assets of $157.9M (revenue +9.0% year-over-year).
2020: Revenue of $64.3M, expenses of $54.2M, and assets of $144.4M (revenue -9.1% year-over-year).
2019: Revenue of $70.7M, expenses of $55.2M, and assets of $132.0M (revenue +21.6% year-over-year).
2018: Revenue of $58.1M, expenses of $42.4M, and assets of $104.0M (revenue +14.7% year-over-year).
2017: Revenue of $50.7M, expenses of $35.0M, and assets of $90.0M (revenue +26.5% year-over-year).
2016: Revenue of $40.1M, expenses of $27.5M, and assets of $63.9M (revenue +21.4% year-over-year).
2015: Revenue of $33.0M, expenses of $28.1M, and assets of $49.7M (revenue +12.8% year-over-year).
2014: Revenue of $29.3M, expenses of $25.5M, and assets of $46.0M (revenue -4.2% year-over-year).
2013: Revenue of $30.5M, expenses of $25.3M, and assets of $38.2M (revenue +7.8% year-over-year).
2012: Revenue of $28.3M, expenses of $24.9M, and assets of $33.1M (revenue +8.7% year-over-year).
2011: Revenue of $26.1M, expenses of $23.9M, and assets of $28.8M.

Data Sources and Methodology

This transparency report for Pavers & Road Builders District Council Welfare Fund 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.