Plumbers & Steamfitters Local 81
Plumbers & Steamfitters Local 81 consistently generates surpluses and grows assets, reporting $12.5M revenue in 2023.
EIN: 156025166 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39.2M |
| Total Expenses | $10.9M |
| Program Spending | 80% |
| Net Assets | $36.6M |
| Transparency Score | 75/100 |
Is Plumbers & Steamfitters Local 81 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plumbers & Steamfitters Local 81 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plumbers & Steamfitters Local 81
Plumbers & Steamfitters Local 81 (EIN: 156025166) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $39.2M and total assets of $48.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers & Steamfitters Local 81's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumbers & Steamfitters Local 81 is a large nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.6M |
| Total Expenses | $10.9M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $36.9M |
| Total Liabilities | $338K |
| Net Assets | $36.6M |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 40.5 months |
Financial Health Grade: A
In 2023, Plumbers & Steamfitters Local 81 reported a surplus of $1.6M with revenue exceeding expenses, holds 40.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Plumbers & Steamfitters Local 81's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | -1.8% | +7.8% |
| 2022 | -13.6% | +6.4% | -12.0% |
| 2021 | +18.4% | +18.0% | +7.0% |
| 2020 | -1.5% | -5.0% | +12.9% |
| 2019 | +7.6% | +6.2% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 81 with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Plumbers & Steamfitters Local 81 allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity of its size and revenue, suggesting either a fully volunteer leadership or compensation is reported under other expense categories.
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 & Steamfitters Local 81's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration
Strengths
The following positive indicators were identified for Plumbers & Steamfitters Local 81:
- Consistent annual surpluses, indicating strong financial management (e.g., $12.5M revenue vs. $10.9M expenses in 2023)
- Significant and consistent asset growth over the past decade (from $20.6M in 2014 to $36.9M in 2023)
- Very low liabilities relative to assets, demonstrating financial stability
- Consistent IRS 990 filing history, indicating good compliance
Frequently Asked Questions about Plumbers & Steamfitters Local 81
Is Plumbers & Steamfitters Local 81 a legitimate charity?
Plumbers & Steamfitters Local 81 (EIN: 156025166) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $39.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Plumbers & Steamfitters Local 81 spend its money?
Plumbers & Steamfitters Local 81 directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Plumbers & Steamfitters Local 81 tax-deductible?
Plumbers & Steamfitters Local 81 is registered as a tax-exempt nonprofit (EIN: 156025166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Plumbers & Steamfitters Local 81's spending goes to programs?
Plumbers & Steamfitters Local 81 directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Plumbers & Steamfitters Local 81 located?
Plumbers & Steamfitters Local 81 is headquartered in Syracuse, New York and files with the IRS under EIN 156025166.
How many years of IRS 990 filings does Plumbers & Steamfitters Local 81 have?
Plumbers & Steamfitters Local 81 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 $39.2M in total revenue.
What are the primary program activities of Plumbers & Steamfitters Local 81?
Based on the provided data, the specific program activities are not detailed. Further investigation into their full IRS 990 forms would be needed to understand their mission-related spending.
How does Plumbers & Steamfitters Local 81 manage its significant annual surpluses?
The consistent surpluses appear to be reinvested, contributing to the substantial growth in assets from $20.6M in 2014 to $36.9M in 2023.
Is the '0% Officer Comp' an accurate reflection of executive remuneration?
While the filings state 0% officer compensation, it is common for larger organizations to report executive salaries under other expense lines if they are not considered 'officers' in the specific IRS definition, or if they are compensated through related entities. This warrants further scrutiny.
Filing History
IRS 990 filing history for Plumbers & Steamfitters Local 81 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plumbers & Steamfitters Local 81's revenue has grown by 36.4%, moving from $9.2M to $12.6M. Total assets increased by 283% over the same period, from $9.6M to $36.9M. Total functional expenses rose by 57.6%, from $6.9M to $10.9M. In its most recent filing year (2023), Plumbers & Steamfitters Local 81 reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $338K in liabilities against $36.9M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $36.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.6M | $10.9M | $36.9M | $338K | — | — |
| 2022 | $11.3M | $11.1M | $34.2M | $291K | — | View 990 |
| 2021 | $13.0M | $10.5M | $38.9M | $155K | — | View 990 |
| 2020 | $11.0M | $8.9M | $36.4M | $98K | — | View 990 |
| 2019 | $11.2M | $9.3M | $32.2M | $49K | — | — |
| 2018 | $10.4M | $8.8M | $27.9M | $85K | — | View 990 |
| 2017 | $10.7M | $9.1M | $27.0M | $133K | — | — |
| 2016 | $10.0M | $7.9M | $24.3M | $50K | — | View 990 |
| 2015 | $9.3M | $7.9M | $21.9M | $102K | — | View 990 |
| 2014 | $11.4M | $8.0M | $20.7M | $242K | — | View 990 |
| 2013 | $12.9M | $7.6M | $17.2M | $91K | — | View 990 |
| 2012 | $10.2M | $7.9M | $12.1M | $259K | — | View 990 |
| 2011 | $9.2M | $6.9M | $9.6M | $223K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.6M, expenses of $10.9M, and assets of $36.9M (revenue +11.3% year-over-year).
- 2022: Revenue of $11.3M, expenses of $11.1M, and assets of $34.2M (revenue -13.6% year-over-year).
- 2021: Revenue of $13.0M, expenses of $10.5M, and assets of $38.9M (revenue +18.4% year-over-year).
- 2020: Revenue of $11.0M, expenses of $8.9M, and assets of $36.4M (revenue -1.5% year-over-year).
- 2019: Revenue of $11.2M, expenses of $9.3M, and assets of $32.2M (revenue +7.6% year-over-year).
- 2018: Revenue of $10.4M, expenses of $8.8M, and assets of $27.9M (revenue -3.0% year-over-year).
- 2017: Revenue of $10.7M, expenses of $9.1M, and assets of $27.0M (revenue +7.0% year-over-year).
- 2016: Revenue of $10.0M, expenses of $7.9M, and assets of $24.3M (revenue +7.9% year-over-year).
- 2015: Revenue of $9.3M, expenses of $7.9M, and assets of $21.9M (revenue -18.7% year-over-year).
- 2014: Revenue of $11.4M, expenses of $8.0M, and assets of $20.7M (revenue -11.1% year-over-year).
- 2013: Revenue of $12.9M, expenses of $7.6M, and assets of $17.2M (revenue +25.8% year-over-year).
- 2012: Revenue of $10.2M, expenses of $7.9M, and assets of $12.1M (revenue +11.0% year-over-year).
- 2011: Revenue of $9.2M, expenses of $6.9M, and assets of $9.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumbers & Steamfitters Local 81:
Data Sources and Methodology
This transparency report for Plumbers & Steamfitters Local 81 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.