Plumbers & Steamfitters Local 267
Plumbers & Steamfitters Local 267 shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 161330386 · Syracuse, NY · NTEE: J40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $4.5M |
| Transparency Score | 95/100 |
Is Plumbers & Steamfitters Local 267 Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plumbers & Steamfitters Local 267 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plumbers & Steamfitters Local 267
Plumbers & Steamfitters Local 267 (EIN: 161330386) is a nonprofit organization based in Syracuse, NY, classified under NTEE code J40Z. The organization reported total revenue of $3.4M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers & Steamfitters Local 267's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumbers & Steamfitters Local 267 is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$660K |
| Total Assets | $4.5M |
| Net Assets | $4.5M |
| Operating Margin | 26.6% |
| Months of Reserves | 29.7 months |
Financial Health Grade: A
In 2023, Plumbers & Steamfitters Local 267 reported a surplus of $660K with revenue exceeding expenses, holds 29.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Plumbers & Steamfitters Local 267's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.4% | +4.4% | +25.7% |
| 2022 | +3.0% | +9.7% | -7.2% |
| 2021 | +45.0% | +40.7% | +17.2% |
| 2020 | -5.1% | -0.4% | +8.8% |
| 2019 | +39.9% | +6.9% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 & Steamfitters Local 267 with a Mission Score of 95 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 & Steamfitters Local 267 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 $660K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all available filings (2014-2023), indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for 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 & Steamfitters Local 267:
- Consistent revenue growth, increasing from $848,860 in 2014 to $2,483,275 in 2023.
- Strong asset accumulation, with assets growing from $2,582,229 to $4,513,739 over the past decade.
- No reported officer compensation across all filings, indicating high efficiency in resource allocation.
- Minimal to no liabilities reported in most recent filings, demonstrating strong financial health.
- Expenses consistently below revenue, leading to positive net income and asset growth.
Frequently Asked Questions about Plumbers & Steamfitters Local 267
Is Plumbers & Steamfitters Local 267 a legitimate charity?
Plumbers & Steamfitters Local 267 (EIN: 161330386) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Plumbers & Steamfitters Local 267 spend its money?
Plumbers & Steamfitters Local 267 directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Plumbers & Steamfitters Local 267 tax-deductible?
Plumbers & Steamfitters Local 267 is registered as a tax-exempt nonprofit (EIN: 161330386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Plumbers & Steamfitters Local 267 compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Plumbers & Steamfitters Local 267 is above average for NTEE category J40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plumbers & Steamfitters Local 267 located?
Plumbers & Steamfitters Local 267 is headquartered in Syracuse, New York and files with the IRS under EIN 161330386. It is classified under NTEE code J40Z.
How many years of IRS 990 filings does Plumbers & Steamfitters Local 267 have?
Plumbers & Steamfitters Local 267 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 $3.4M in total revenue.
Is Plumbers & Steamfitters Local 267 financially stable?
Yes, the organization is financially stable, demonstrating consistent revenue growth from $848,860 in 2014 to $2,483,275 in 2023, and a strong asset base of $4,513,739 in 2023 with no reported liabilities.
How does Plumbers & Steamfitters Local 267 manage executive compensation?
Plumbers & Steamfitters Local 267 reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or that compensation is structured in a way that is not reported as officer compensation on the 990.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $2,582,229 in 2014 to $4,513,739 in 2023, indicating strong financial growth and accumulation.
Filing History
IRS 990 filing history for Plumbers & Steamfitters Local 267 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plumbers & Steamfitters Local 267's revenue has grown by 229.1%, moving from $755K to $2.5M. Total assets increased by 102.1% over the same period, from $2.2M to $4.5M. Total functional expenses rose by 158.9%, from $704K to $1.8M. In its most recent filing year (2023), Plumbers & Steamfitters Local 267 reported a surplus of $660K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $1.8M | $4.5M | $0 | — | — |
| 2022 | $1.8M | $1.7M | $3.6M | $0 | — | View 990 |
| 2021 | $1.8M | $1.6M | $3.9M | $0 | — | View 990 |
| 2020 | $1.2M | $1.1M | $3.3M | $0 | — | View 990 |
| 2019 | $1.3M | $1.1M | $3.0M | $35K | — | View 990 |
| 2018 | $918K | $1.1M | $2.7M | $70K | — | View 990 |
| 2017 | $1.0M | $986K | $2.8M | $0 | — | View 990 |
| 2016 | $909K | $844K | $2.6M | $0 | — | View 990 |
| 2015 | $864K | $841K | $2.6M | $0 | — | View 990 |
| 2014 | $849K | $769K | $2.6M | $0 | — | View 990 |
| 2013 | $700K | $803K | $2.5M | $0 | — | View 990 |
| 2012 | $759K | $735K | $2.3M | $0 | — | View 990 |
| 2011 | $755K | $704K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $1.8M, and assets of $4.5M (revenue +36.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $3.6M (revenue +3.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $3.9M (revenue +45.0% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $3.3M (revenue -5.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $3.0M (revenue +39.9% year-over-year).
- 2018: Revenue of $918K, expenses of $1.1M, and assets of $2.7M (revenue -9.2% year-over-year).
- 2017: Revenue of $1.0M, expenses of $986K, and assets of $2.8M (revenue +11.1% year-over-year).
- 2016: Revenue of $909K, expenses of $844K, and assets of $2.6M (revenue +5.3% year-over-year).
- 2015: Revenue of $864K, expenses of $841K, and assets of $2.6M (revenue +1.7% year-over-year).
- 2014: Revenue of $849K, expenses of $769K, and assets of $2.6M (revenue +21.2% year-over-year).
- 2013: Revenue of $700K, expenses of $803K, and assets of $2.5M (revenue -7.8% year-over-year).
- 2012: Revenue of $759K, expenses of $735K, and assets of $2.3M (revenue +0.6% year-over-year).
- 2011: Revenue of $755K, expenses of $704K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumbers & Steamfitters Local 267:
Data Sources and Methodology
This transparency report for Plumbers & Steamfitters Local 267 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.