Plumbers & Steamfitters Local 60 Disaster Relief Fund
Plumbers & Steamfitters Local 60 Disaster Relief Fund maintains stable assets with fluctuating, event-driven revenues and expenses, consistently reporting zero officer compensation.
EIN: 203528854 · Metairie, LA · NTEE: M20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $28K |
| Program Spending | 90% |
| Net Assets | $35K |
| Transparency Score | 85/100 |
Is Plumbers & Steamfitters Local 60 Disaster Relief Fund 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 60 Disaster Relief Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plumbers & Steamfitters Local 60 Disaster Relief Fund
Plumbers & Steamfitters Local 60 Disaster Relief Fund (EIN: 203528854) is a nonprofit organization based in Metairie, LA, classified under NTEE code M20. The organization reported total revenue of $26K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers & Steamfitters Local 60 Disaster Relief Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumbers & Steamfitters Local 60 Disaster Relief Fund is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $28K |
| Surplus / Deficit | $-518 |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | -1.9% |
| Months of Reserves | 15.1 months |
Financial Health Grade: B
In 2023, Plumbers & Steamfitters Local 60 Disaster Relief Fund reported a deficit of $518 with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Plumbers & Steamfitters Local 60 Disaster Relief Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | -14.2% | -1.5% |
| 2022 | -64.0% | -33.4% | -17.2% |
| 2021 | +9194.2% | +262.2% | +93.6% |
| 2020 | -97.6% | -42.7% | -36.4% |
| 2019 | -15.8% | -49.2% | +28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 60 Disaster Relief 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Plumbers & Steamfitters Local 60 Disaster Relief Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $518, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is unpaid and likely volunteer-based, which is a strong positive for donor confidence and efficient use of funds.
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 60 Disaster Relief Fund:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- No reported liabilities across all filing periods, demonstrating financial stability.
- Responsive to disaster events, as evidenced by increased revenue and expenses in 2021.
- Maintains a stable asset base to support operations during periods of lower revenue.
Frequently Asked Questions about Plumbers & Steamfitters Local 60 Disaster Relief Fund
Is Plumbers & Steamfitters Local 60 Disaster Relief Fund a legitimate charity?
Plumbers & Steamfitters Local 60 Disaster Relief Fund (EIN: 203528854) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $26K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Plumbers & Steamfitters Local 60 Disaster Relief Fund spend its money?
Plumbers & Steamfitters Local 60 Disaster Relief Fund directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Plumbers & Steamfitters Local 60 Disaster Relief Fund tax-deductible?
Plumbers & Steamfitters Local 60 Disaster Relief Fund is registered as a tax-exempt nonprofit (EIN: 203528854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Plumbers & Steamfitters Local 60 Disaster Relief Fund's spending goes to programs?
Plumbers & Steamfitters Local 60 Disaster Relief Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Plumbers & Steamfitters Local 60 Disaster Relief Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Plumbers & Steamfitters Local 60 Disaster Relief Fund is above average for NTEE category M20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plumbers & Steamfitters Local 60 Disaster Relief Fund located?
Plumbers & Steamfitters Local 60 Disaster Relief Fund is headquartered in Metairie, Louisiana and files with the IRS under EIN 203528854. It is classified under NTEE code M20.
How many years of IRS 990 filings does Plumbers & Steamfitters Local 60 Disaster Relief Fund have?
Plumbers & Steamfitters Local 60 Disaster Relief 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 $26K in total revenue.
Is Plumbers & Steamfitters Local 60 Disaster Relief Fund a good charity?
Based on the available IRS 990 data, the fund appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, suggesting that all funds are directed towards its mission. Its financial activity, while fluctuating, aligns with the nature of disaster relief, responding to needs as they arise.
How does the organization manage its finances given fluctuating revenues?
The organization manages fluctuating revenues by maintaining a modest asset base (currently $34,700) which it can draw upon during periods when expenses exceed contributions, as seen in 2023, 2022, and 2020. This allows it to continue its disaster relief efforts even when immediate donations are lower.
What is the typical scale of this organization's operations?
The organization operates on a relatively small scale, with annual revenues typically ranging from $20,000 to $30,000, though it can see spikes in activity, such as the $68,777 revenue in 2021, likely in response to specific disaster events.
Filing History
IRS 990 filing history for Plumbers & Steamfitters Local 60 Disaster Relief Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plumbers & Steamfitters Local 60 Disaster Relief Fund's revenue has grown by 27.3%, moving from $21K to $27K. Total assets increased by 68.8% over the same period, from $21K to $35K. Total functional expenses rose by 35.1%, from $20K to $28K. In its most recent filing year (2023), Plumbers & Steamfitters Local 60 Disaster Relief Fund reported a deficit of $518, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $28K | $35K | $0 | — | View 990 |
| 2022 | $25K | $32K | $35K | $0 | — | View 990 |
| 2021 | $69K | $48K | $43K | $0 | — | — |
| 2020 | $740 | $13K | $22K | $0 | — | — |
| 2019 | $31K | $23K | $35K | $0 | — | View 990 |
| 2018 | $37K | $46K | $27K | $0 | — | View 990 |
| 2017 | $20K | $30K | $36K | $0 | — | View 990 |
| 2016 | $25K | $32K | $46K | $0 | — | View 990 |
| 2015 | $24K | $18K | $52K | $0 | — | View 990 |
| 2014 | $21K | $27K | $46K | $0 | — | View 990 |
| 2013 | $23K | $51K | $51K | $0 | — | View 990 |
| 2012 | $81K | $22K | $80K | $0 | — | View 990 |
| 2011 | $21K | $20K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $28K, and assets of $35K (revenue +9.2% year-over-year).
- 2022: Revenue of $25K, expenses of $32K, and assets of $35K (revenue -64.0% year-over-year).
- 2021: Revenue of $69K, expenses of $48K, and assets of $43K (revenue +9194.2% year-over-year).
- 2020: Revenue of $740, expenses of $13K, and assets of $22K (revenue -97.6% year-over-year).
- 2019: Revenue of $31K, expenses of $23K, and assets of $35K (revenue -15.8% year-over-year).
- 2018: Revenue of $37K, expenses of $46K, and assets of $27K (revenue +83.4% year-over-year).
- 2017: Revenue of $20K, expenses of $30K, and assets of $36K (revenue -20.7% year-over-year).
- 2016: Revenue of $25K, expenses of $32K, and assets of $46K (revenue +5.1% year-over-year).
- 2015: Revenue of $24K, expenses of $18K, and assets of $52K (revenue +11.8% year-over-year).
- 2014: Revenue of $21K, expenses of $27K, and assets of $46K (revenue -7.7% year-over-year).
- 2013: Revenue of $23K, expenses of $51K, and assets of $51K (revenue -71.4% year-over-year).
- 2012: Revenue of $81K, expenses of $22K, and assets of $80K (revenue +281.7% year-over-year).
- 2011: Revenue of $21K, expenses of $20K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumbers & Steamfitters Local 60 Disaster Relief Fund:
Data Sources and Methodology
This transparency report for Plumbers & Steamfitters Local 60 Disaster Relief 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.