Plumbers Local Union No 200 Vacation Fund
Plumbers Local Union No 200 Vacation Fund shows consistent revenue growth and zero officer compensation over the past decade.
EIN: 113124072 · Ronkonkoma, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.8M |
| Program Spending | 90% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Plumbers Local Union No 200 Vacation Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plumbers Local Union No 200 Vacation Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plumbers Local Union No 200 Vacation Fund
Plumbers Local Union No 200 Vacation Fund (EIN: 113124072) is a nonprofit organization based in Ronkonkoma, NY. The organization reported total revenue of $3.6M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers Local Union No 200 Vacation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumbers Local Union No 200 Vacation Fund is a mid-size nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$339K |
| Total Assets | $1.3M |
| Total Liabilities | $35K |
| Net Assets | $1.3M |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Plumbers Local Union No 200 Vacation Fund reported a surplus of $339K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Plumbers Local Union No 200 Vacation Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.5% | +50.9% | +39.9% |
| 2022 | +26.1% | +27.0% | +22.1% |
| 2021 | +7.0% | -1.5% | +22.6% |
| 2020 | +7.0% | +8.5% | +2.7% |
| 2019 | +6.6% | +10.4% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Local Union No 200 Vacation 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, Plumbers Local Union No 200 Vacation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $339K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated from the fund's revenue, which is a strong positive for financial transparency and resource allocation.
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 Plumbers Local Union No 200 Vacation Fund:
- Consistent revenue growth, increasing from $984,393 in 2014 to $3,091,090 in 2023.
- Strong asset growth, from $365,995 in 2014 to $1,299,947 in 2023.
- Zero officer compensation reported across all filings, indicating high transparency and efficient use of funds.
- Very low liabilities relative to assets, demonstrating strong financial health (e.g., $34,502 liabilities vs. $1,299,947 assets in 2023).
- Consistent operational surpluses in most years, indicating sound financial management.
Frequently Asked Questions about Plumbers Local Union No 200 Vacation Fund
Is Plumbers Local Union No 200 Vacation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumbers Local Union No 200 Vacation Fund (EIN: 113124072) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Plumbers Local Union No 200 Vacation Fund spend its money?
Plumbers Local Union No 200 Vacation Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Plumbers Local Union No 200 Vacation Fund tax-deductible?
Plumbers Local Union No 200 Vacation Fund is registered as a tax-exempt nonprofit (EIN: 113124072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Plumbers Local Union No 200 Vacation Fund located?
Plumbers Local Union No 200 Vacation Fund is headquartered in Ronkonkoma, New York and files with the IRS under EIN 113124072.
How many years of IRS 990 filings does Plumbers Local Union No 200 Vacation Fund have?
Plumbers Local Union No 200 Vacation Fund has 12 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 $3.6M in total revenue.
What is the primary purpose of the 'Vacation Fund' and how are funds distributed?
As a 'Vacation Fund', its primary purpose is likely to provide vacation benefits to union members. The IRS 990 data shows significant expenses relative to revenue, suggesting direct distributions or related administrative costs, but specific distribution mechanisms are not detailed in the provided data.
Why is the NTEE code unknown for this organization?
The NTEE code being unknown means its specific classification within the nonprofit sector is not readily available, which can sometimes make it harder to benchmark its activities against similar organizations.
How does the organization manage its investment income, given its consistent asset growth?
The consistent growth in assets from $365,995 in 2014 to $1,299,947 in 2023, alongside annual revenue surpluses, suggests effective management of its financial resources, potentially including investment income, though specific investment strategies are not detailed in the provided data.
Filing History
IRS 990 filing history for Plumbers Local Union No 200 Vacation Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Plumbers Local Union No 200 Vacation Fund's revenue has grown by 241.2%, moving from $906K to $3.1M. Total assets increased by 216.1% over the same period, from $411K to $1.3M. Total functional expenses rose by 210.2%, from $887K to $2.8M. In its most recent filing year (2023), Plumbers Local Union No 200 Vacation Fund reported a surplus of $339K, with revenue exceeding expenses. The organization holds $35K in liabilities against $1.3M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.8M | $1.3M | $35K | — | View 990 |
| 2022 | $2.0M | $1.8M | $929K | $3K | — | View 990 |
| 2021 | $1.6M | $1.4M | $761K | $0 | — | — |
| 2020 | $1.5M | $1.5M | $621K | $1K | — | — |
| 2019 | $1.4M | $1.3M | $605K | $0 | — | View 990 |
| 2018 | $1.3M | $1.2M | $571K | $0 | — | View 990 |
| 2017 | $1.1M | $1.1M | $496K | $0 | — | View 990 |
| 2016 | $1.2M | $1.1M | $501K | $0 | — | View 990 |
| 2015 | $986K | $969K | $383K | $0 | — | View 990 |
| 2014 | $984K | $1.0M | $366K | $0 | — | View 990 |
| 2013 | $949K | $975K | $385K | $0 | — | View 990 |
| 2012 | $906K | $887K | $411K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.8M, and assets of $1.3M (revenue +55.5% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $929K (revenue +26.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $761K (revenue +7.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $621K (revenue +7.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $605K (revenue +6.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $571K (revenue +14.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $496K (revenue -5.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $501K (revenue +20.8% year-over-year).
- 2015: Revenue of $986K, expenses of $969K, and assets of $383K (revenue +0.1% year-over-year).
- 2014: Revenue of $984K, expenses of $1.0M, and assets of $366K (revenue +3.7% year-over-year).
- 2013: Revenue of $949K, expenses of $975K, and assets of $385K (revenue +4.7% year-over-year).
- 2012: Revenue of $906K, expenses of $887K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumbers Local Union No 200 Vacation Fund:
Data Sources and Methodology
This transparency report for Plumbers Local Union No 200 Vacation 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.