Plumbers And Pipefitters Local Union 9 Welfare Fund
Plumbers And Pipefitters Local Union 9 Welfare Fund: Stable Finances, Limited Program Detail
EIN: 222193446 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $33.1M |
| Total Expenses | $29.0M |
| Program Spending | 85% |
| Net Assets | $29.6M |
| Transparency Score | 65/100 |
Is Plumbers And Pipefitters Local Union 9 Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plumbers And Pipefitters Local Union 9 Welfare Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plumbers And Pipefitters Local Union 9 Welfare Fund
Plumbers And Pipefitters Local Union 9 Welfare Fund (EIN: 222193446) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $33.1M and total assets of $39.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers And Pipefitters Local Union 9 Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumbers And Pipefitters Local Union 9 Welfare Fund is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.7M |
| Total Expenses | $29.0M |
| Surplus / Deficit | +$646K |
| Total Assets | $33.2M |
| Total Liabilities | $3.6M |
| Net Assets | $29.6M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Plumbers And Pipefitters Local Union 9 Welfare Fund reported a surplus of $646K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Plumbers And Pipefitters Local Union 9 Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.9% | +15.4% | +1.1% |
| 2022 | +18.4% | +0.2% | -2.4% |
| 2021 | -12.2% | +11.6% | -4.6% |
| 2020 | +3.7% | -1.9% | +15.5% |
| 2019 | -7.3% | -0.9% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Plumbers And Pipefitters Local Union 9 Welfare Fund with a Mission Score of 65 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: 85%
- fundraising: 5%
According to IRS 990 filings, Plumbers And Pipefitters Local Union 9 Welfare Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $646K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.9%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, as the 'c' field consistently shows 0%, suggesting it's either not reported or not applicable in the provided summary.
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 Plumbers And Pipefitters Local Union 9 Welfare Fund's IRS 990 filings:
- Lack of specific program details makes it difficult to assess the direct impact and efficiency of the welfare fund's activities.
- The 'c' field consistently showing 0% for compensation might indicate a lack of transparency regarding executive or key employee remuneration, or that such compensation is not a significant factor in the provided data summary.
Strengths
The following positive indicators were identified for Plumbers And Pipefitters Local Union 9 Welfare Fund:
- Consistent revenue generation, with $29,668,428 in 2023 and $27,003,404 in 2022, indicates a stable financial base.
- Healthy asset base, with $33,170,398 in 2023 and $32,816,826 in 2022, provides financial security for the fund's beneficiaries.
- Low liabilities relative to assets, with $3,618,326 in 2023, suggests good financial management and solvency.
Frequently Asked Questions about Plumbers And Pipefitters Local Union 9 Welfare Fund
Is Plumbers And Pipefitters Local Union 9 Welfare Fund a legitimate charity?
Plumbers And Pipefitters Local Union 9 Welfare Fund (EIN: 222193446) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $33.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Plumbers And Pipefitters Local Union 9 Welfare Fund spend its money?
Plumbers And Pipefitters Local Union 9 Welfare Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Plumbers And Pipefitters Local Union 9 Welfare Fund tax-deductible?
Plumbers And Pipefitters Local Union 9 Welfare Fund is registered as a tax-exempt nonprofit (EIN: 222193446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Plumbers And Pipefitters Local Union 9 Welfare Fund's spending goes to programs?
Plumbers And Pipefitters Local Union 9 Welfare Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Plumbers And Pipefitters Local Union 9 Welfare Fund located?
Plumbers And Pipefitters Local Union 9 Welfare Fund is headquartered in Trenton, New Jersey and files with the IRS under EIN 222193446.
How many years of IRS 990 filings does Plumbers And Pipefitters Local Union 9 Welfare Fund have?
Plumbers And Pipefitters Local Union 9 Welfare Fund 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 $33.1M in total revenue.
What does Plumbers And Pipefitters Local Union 9 Welfare Fund do?
Plumbers And Pipefitters Local Union 9 Welfare Fund is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Plumbers And Pipefitters Local Union 9 Welfare Fund have?
Plumbers And Pipefitters Local Union 9 Welfare Fund reported total revenue of $33,102,079. Based on 13 IRS 990 filings on record.
What are Plumbers And Pipefitters Local Union 9 Welfare Fund's total assets?
Plumbers And Pipefitters Local Union 9 Welfare Fund holds total assets of $39,016,551 as reported in IRS 990 filings.
Where is Plumbers And Pipefitters Local Union 9 Welfare Fund located?
Plumbers And Pipefitters Local Union 9 Welfare Fund is based in Trenton, New Jersey.
What is Plumbers And Pipefitters Local Union 9 Welfare Fund's EIN?
Plumbers And Pipefitters Local Union 9 Welfare Fund's Employer Identification Number (EIN) is 222193446. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Plumbers And Pipefitters Local Union 9 Welfare Fund?
Plumbers And Pipefitters Local Union 9 Welfare Fund is classified under NTEE code Unknown (Unknown).
Is Plumbers And Pipefitters Local Union 9 Welfare Fund a registered 501(c)(3)?
Plumbers And Pipefitters Local Union 9 Welfare Fund appears in IRS records (EIN: 222193446). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Plumbers And Pipefitters Local Union 9 Welfare Fund file IRS Form 990?
Yes, Plumbers And Pipefitters Local Union 9 Welfare Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Plumbers And Pipefitters Local Union 9 Welfare Fund's revenue in 2023?
In the 202306 filing period, Plumbers And Pipefitters Local Union 9 Welfare Fund reported total revenue of $29,668,428, total expenses of $29,022,720, and net assets of $33,170,398.
Is Plumbers And Pipefitters Local Union 9 Welfare Fund's revenue growing or declining?
Plumbers And Pipefitters Local Union 9 Welfare Fund's revenue is growing. Revenue went from $27,003,404 (202206) to $29,668,428 (202306), a +9.9% change. Based on 13 filings on record.
What is Plumbers And Pipefitters Local Union 9 Welfare Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Plumbers And Pipefitters Local Union 9 Welfare Fund covers tax period 202306. It shows revenue of $29,668,428, expenses of $29,022,720, total assets of $33,170,398, and liabilities of $3,618,326.
How much does Plumbers And Pipefitters Local Union 9 Welfare Fund spend on programs vs administration?
Based on IRS 990 analysis, Plumbers And Pipefitters Local Union 9 Welfare Fund allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Plumbers And Pipefitters Local Union 9 Welfare Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Plumbers And Pipefitters Local Union 9 Welfare Fund shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Plumbers And Pipefitters Local Union 9 Welfare Fund?
The following concerns were identified: Lack of specific program details makes it difficult to assess the direct impact and efficiency of the welfare fund's activities.. The 'c' field consistently showing 0% for compensation might indicate a lack of transparency regarding executive or key employee remuneration, or that such compensation is not a significant factor in the provided data summary.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Plumbers And Pipefitters Local Union 9 Welfare Fund's strengths?
Positive indicators for Plumbers And Pipefitters Local Union 9 Welfare Fund include: Consistent revenue generation, with $29,668,428 in 2023 and $27,003,404 in 2022, indicates a stable financial base.. Healthy asset base, with $33,170,398 in 2023 and $32,816,826 in 2022, provides financial security for the fund's beneficiaries.. Low liabilities relative to assets, with $3,618,326 in 2023, suggests good financial management and solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Plumbers And Pipefitters Local Union 9 Welfare Fund compensate executives?
Executive compensation information is not explicitly detailed in the provided data, as the 'c' field consistently shows 0%, suggesting it's either not reported or not applicable in the provided summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset figures, what specific types of welfare benefits are primarily provided by the fund, and how are these benefits evolving to meet the changing needs of union members?
The provided data indicates a stable financial foundation for the Plumbers And Pipefitters Local Union 9 Welfare Fund. However, the specific types of welfare benefits (e.g., health, pension, disability) and their evolution are not detailed in the summary. Further investigation into the fund's official documents would be required to understand the scope and adaptability of its offerings.
Filing History
IRS 990 filing history for Plumbers And Pipefitters Local Union 9 Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plumbers And Pipefitters Local Union 9 Welfare Fund's revenue has grown by 45.4%, moving from $20.4M to $29.7M. Total assets increased by 251.7% over the same period, from $9.4M to $33.2M. Total functional expenses rose by 30.7%, from $22.2M to $29.0M. In its most recent filing year (2023), Plumbers And Pipefitters Local Union 9 Welfare Fund reported a surplus of $646K, with revenue exceeding expenses. The organization holds $3.6M in liabilities against $33.2M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $29.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.7M | $29.0M | $33.2M | $3.6M | — | View 990 |
| 2022 | $27.0M | $25.1M | $32.8M | $3.1M | — | View 990 |
| 2021 | $22.8M | $25.1M | $33.6M | $3.8M | — | — |
| 2020 | $26.0M | $22.5M | $35.2M | $3.3M | — | — |
| 2019 | $25.0M | $22.9M | $30.5M | $2.8M | — | View 990 |
| 2018 | $27.0M | $23.1M | $28.3M | $3.3M | — | View 990 |
| 2017 | $25.7M | $23.8M | $25.3M | $2.6M | — | — |
| 2016 | $25.3M | $21.2M | $23.1M | $2.3M | — | View 990 |
| 2015 | $25.7M | $19.2M | $18.8M | $2.1M | — | View 990 |
| 2014 | $22.4M | $17.0M | $12.2M | $2.1M | — | View 990 |
| 2013 | $20.2M | $21.6M | $6.9M | $2.1M | — | View 990 |
| 2012 | $21.2M | $22.1M | $8.5M | $2.2M | — | View 990 |
| 2011 | $20.4M | $22.2M | $9.4M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.7M, expenses of $29.0M, and assets of $33.2M (revenue +9.9% year-over-year).
- 2022: Revenue of $27.0M, expenses of $25.1M, and assets of $32.8M (revenue +18.4% year-over-year).
- 2021: Revenue of $22.8M, expenses of $25.1M, and assets of $33.6M (revenue -12.2% year-over-year).
- 2020: Revenue of $26.0M, expenses of $22.5M, and assets of $35.2M (revenue +3.7% year-over-year).
- 2019: Revenue of $25.0M, expenses of $22.9M, and assets of $30.5M (revenue -7.3% year-over-year).
- 2018: Revenue of $27.0M, expenses of $23.1M, and assets of $28.3M (revenue +5.0% year-over-year).
- 2017: Revenue of $25.7M, expenses of $23.8M, and assets of $25.3M (revenue +1.6% year-over-year).
- 2016: Revenue of $25.3M, expenses of $21.2M, and assets of $23.1M (revenue -1.5% year-over-year).
- 2015: Revenue of $25.7M, expenses of $19.2M, and assets of $18.8M (revenue +14.9% year-over-year).
- 2014: Revenue of $22.4M, expenses of $17.0M, and assets of $12.2M (revenue +10.9% year-over-year).
- 2013: Revenue of $20.2M, expenses of $21.6M, and assets of $6.9M (revenue -4.7% year-over-year).
- 2012: Revenue of $21.2M, expenses of $22.1M, and assets of $8.5M (revenue +3.8% year-over-year).
- 2011: Revenue of $20.4M, expenses of $22.2M, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumbers And Pipefitters Local Union 9 Welfare Fund:
Data Sources and Methodology
This transparency report for Plumbers And Pipefitters Local Union 9 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.