Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa
Employee Benefit Plan maintains stable assets with no officer compensation or liabilities.
EIN: 20498191 · Nashua, NH · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $30K |
| Program Spending | 100% |
| Net Assets | $361K |
| Transparency Score | 85/100 |
Is Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa (EIN: 20498191) is a nonprofit organization based in Nashua, NH, classified under NTEE code Y43. The organization reported total revenue of $185K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $30K |
| Surplus / Deficit | +$7K |
| Total Assets | $361K |
| Net Assets | $361K |
| Operating Margin | 18.8% |
| Months of Reserves | 142.8 months |
Financial Health Grade: A
In 2023, Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa reported a surplus of $7K with revenue exceeding expenses, holds 142.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | -29.4% | +2.0% |
| 2022 | -65.4% | +1.7% | -5.3% |
| 2021 | +590.8% | +19.1% | +6.9% |
| 2020 | -0.1% | +9.6% | -6.9% |
| 2019 | -59.6% | -1.6% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $7K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is typical for many employee benefit trusts.
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 Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa:
- Consistent zero liabilities across all filings, indicating strong financial health.
- Zero officer compensation reported, suggesting efficient use of funds for its intended purpose.
- Stable asset base over time, demonstrating prudent management of benefit plan funds.
- Clear NTEE code (Y43) accurately reflects its function as an employee benefit organization.
Frequently Asked Questions about Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa
Is Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa a legitimate charity?
Based on AI analysis of IRS 990 filings, Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa (EIN: 20498191) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa spend its money?
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa tax-deductible?
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa is registered as a tax-exempt nonprofit (EIN: 20498191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa located?
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20498191. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa have?
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa has 13 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 $185K in total revenue.
Is Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa a good charity?
As an employee benefit plan, it's not a 'charity' in the traditional sense. Its purpose is to manage benefits for its members. Based on its consistent financial stability (zero liabilities, stable assets) and lack of officer compensation, it appears to be well-managed for its intended purpose.
What are the primary expenses of this organization?
The filings show varying expenses, for example, $30,325 in 2023 and $42,964 in 2022. These would typically relate to the administration of the benefit plan, such as professional fees, investment management fees, and benefit payouts, rather than program delivery in the charitable sense.
How does the organization's revenue compare to its expenses?
Revenue and expenses fluctuate. In 2023, revenue ($37,356) exceeded expenses ($30,325), while in 2022, expenses ($42,964) exceeded revenue ($23,007). This variability is common for investment-based benefit plans, where market performance can impact revenue.
What is the trend in the organization's assets?
The organization's assets have shown some fluctuation but remain substantial, ranging from a high of $551,313 in 2014 to $360,852 in 2023, indicating a generally stable asset base for the benefit plan.
Filing History
IRS 990 filing history for Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa's revenue has grown by 94.1%, moving from $19K to $37K. Total assets decreased by 21.8% over the same period, from $462K to $361K. In its most recent filing year (2023), Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $30K | $361K | $0 | — | — |
| 2022 | $23K | $43K | $354K | $0 | — | View 990 |
| 2021 | $66K | $42K | $374K | $0 | — | — |
| 2020 | $10K | $35K | $350K | $0 | — | — |
| 2019 | $10K | $32K | $375K | $0 | — | View 990 |
| 2018 | $24K | $33K | $398K | $0 | — | View 990 |
| 2017 | $23K | $31K | $407K | $0 | — | View 990 |
| 2016 | $-1,885 | $54K | $415K | $0 | — | View 990 |
| 2015 | $140K | $220K | $471K | $0 | — | View 990 |
| 2014 | $36K | $16K | $551K | $0 | — | View 990 |
| 2013 | $52K | $5K | $531K | $0 | — | View 990 |
| 2012 | $22K | $0 | $484K | $0 | — | View 990 |
| 2011 | $19K | $0 | $462K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $30K, and assets of $361K (revenue +62.4% year-over-year).
- 2022: Revenue of $23K, expenses of $43K, and assets of $354K (revenue -65.4% year-over-year).
- 2021: Revenue of $66K, expenses of $42K, and assets of $374K (revenue +590.8% year-over-year).
- 2020: Revenue of $10K, expenses of $35K, and assets of $350K (revenue -0.1% year-over-year).
- 2019: Revenue of $10K, expenses of $32K, and assets of $375K (revenue -59.6% year-over-year).
- 2018: Revenue of $24K, expenses of $33K, and assets of $398K (revenue +3.2% year-over-year).
- 2017: Revenue of $23K, expenses of $31K, and assets of $407K.
- 2016: Revenue of $-1,885, expenses of $54K, and assets of $415K (revenue -101.3% year-over-year).
- 2015: Revenue of $140K, expenses of $220K, and assets of $471K (revenue +288.0% year-over-year).
- 2014: Revenue of $36K, expenses of $16K, and assets of $551K (revenue -30.8% year-over-year).
- 2013: Revenue of $52K, expenses of $5K, and assets of $531K (revenue +134.9% year-over-year).
- 2012: Revenue of $22K, expenses of $0, and assets of $484K (revenue +15.6% year-over-year).
- 2011: Revenue of $19K, expenses of $0, and assets of $462K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa:
Data Sources and Methodology
This transparency report for Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa 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.