Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund maintains strong assets and consistent revenue growth with no reported officer compensation.
EIN: 131831867 · Rego Park, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $58.5M |
| Total Expenses | $18.3M |
| Program Spending | 85% |
| Net Assets | $47.7M |
| Transparency Score | 85/100 |
Is Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund (EIN: 131831867) is a nonprofit organization based in Rego Park, NY. The organization reported total revenue of $58.5M and total assets of $48.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund is a major nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.7M |
| Total Expenses | $18.3M |
| Surplus / Deficit | +$7.4M |
| Total Assets | $51.5M |
| Total Liabilities | $3.7M |
| Net Assets | $47.7M |
| Operating Margin | 28.8% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 33.8 months |
Financial Health Grade: A
In 2023, Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund reported a surplus of $7.4M with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | -19.1% | +12.5% |
| 2022 | -21.6% | -10.6% | +5.6% |
| 2021 | +43.2% | +22.1% | -7.3% |
| 2020 | -9.8% | +4.6% | +4.8% |
| 2019 | +17.0% | +1.4% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
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 Pointers Cleaners & Caulkers 66 Insurance & Welfare 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: 85%
- fundraising: 5%
According to IRS 990 filings, Pointers Cleaners & Caulkers 66 Insurance & 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 $7.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of this size and suggests a volunteer-led or externally managed structure for executive functions.
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 Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin/fundraising) in provided data, hindering full efficiency analysis.
- Unusually consistent 0% officer compensation for an organization with tens of millions in revenue and assets, which could indicate compensation is reported under other categories or a unique operational structure.
Strengths
The following positive indicators were identified for Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund:
- Strong and growing asset base, with assets of $51,470,291 in 202306 significantly exceeding liabilities of $3,737,751.
- Consistent revenue growth over the past decade, from $13.5M in 201406 to $25.6M in 202306.
- No reported officer compensation, indicating a potential commitment to minimizing executive overhead.
- Positive net income in most recent years, allowing for financial stability and asset accumulation (e.g., $7.3M surplus in 202306).
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency in financial reporting.
Frequently Asked Questions about Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund
Is Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund (EIN: 131831867) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund spend its money?
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund tax-deductible?
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund is registered as a tax-exempt nonprofit (EIN: 131831867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund's spending goes to programs?
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund located?
Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund is headquartered in Rego Park, New York and files with the IRS under EIN 131831867.
How many years of IRS 990 filings does Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund have?
Pointers Cleaners & Caulkers 66 Insurance & 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 $58.5M in total revenue.
Is Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund a good charity?
Based on the available data, the organization demonstrates strong financial health, consistent revenue, and no reported officer compensation, which are positive indicators. However, without detailed expense breakdowns (program vs. admin/fundraising), a full assessment of its charitable effectiveness is limited.
How does the organization manage its executive leadership without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by volunteers, through an external management agreement, or that compensation is reported under other expense categories not specified as 'officer compensation'.
What is the primary purpose of this 'Insurance & Welfare Fund'?
As an 'Insurance & Welfare Fund,' its primary purpose is likely to provide benefits (e.g., health insurance, retirement, welfare) to members of the Pointers Cleaners & Caulkers union. This type of organization typically has a defined beneficiary group rather than serving the general public.
Filing History
IRS 990 filing history for Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund's revenue has grown by 86.9%, moving from $13.7M to $25.7M. Total assets increased by 40% over the same period, from $36.8M to $51.5M. Total functional expenses rose by 36.4%, from $13.4M to $18.3M. In its most recent filing year (2023), Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund reported a surplus of $7.4M, with revenue exceeding expenses. The organization holds $3.7M in liabilities against $51.5M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $47.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.7M | $18.3M | $51.5M | $3.7M | — | View 990 |
| 2022 | $22.9M | $22.6M | $45.7M | $7.5M | — | View 990 |
| 2021 | $29.2M | $25.3M | $43.3M | $2.2M | — | — |
| 2020 | $20.4M | $20.7M | $46.7M | $3.6M | — | — |
| 2019 | $22.6M | $19.8M | $44.6M | $2.1M | — | View 990 |
| 2018 | $19.3M | $19.5M | $42.0M | $3.3M | — | View 990 |
| 2017 | $17.3M | $19.8M | $42.3M | $3.1M | — | View 990 |
| 2016 | $18.8M | $17.0M | $41.5M | $1.1M | — | View 990 |
| 2015 | $15.9M | $14.3M | $40.7M | $2.6M | — | View 990 |
| 2014 | $13.6M | $14.4M | $38.4M | $2.2M | — | View 990 |
| 2013 | $12.7M | $13.6M | $38.5M | $3.4M | — | View 990 |
| 2012 | $12.3M | $13.0M | $37.3M | $1.8M | — | View 990 |
| 2011 | $13.7M | $13.4M | $36.8M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.7M, expenses of $18.3M, and assets of $51.5M (revenue +12.1% year-over-year).
- 2022: Revenue of $22.9M, expenses of $22.6M, and assets of $45.7M (revenue -21.6% year-over-year).
- 2021: Revenue of $29.2M, expenses of $25.3M, and assets of $43.3M (revenue +43.2% year-over-year).
- 2020: Revenue of $20.4M, expenses of $20.7M, and assets of $46.7M (revenue -9.8% year-over-year).
- 2019: Revenue of $22.6M, expenses of $19.8M, and assets of $44.6M (revenue +17.0% year-over-year).
- 2018: Revenue of $19.3M, expenses of $19.5M, and assets of $42.0M (revenue +11.4% year-over-year).
- 2017: Revenue of $17.3M, expenses of $19.8M, and assets of $42.3M (revenue -7.9% year-over-year).
- 2016: Revenue of $18.8M, expenses of $17.0M, and assets of $41.5M (revenue +18.6% year-over-year).
- 2015: Revenue of $15.9M, expenses of $14.3M, and assets of $40.7M (revenue +17.0% year-over-year).
- 2014: Revenue of $13.6M, expenses of $14.4M, and assets of $38.4M (revenue +7.3% year-over-year).
- 2013: Revenue of $12.7M, expenses of $13.6M, and assets of $38.5M (revenue +2.8% year-over-year).
- 2012: Revenue of $12.3M, expenses of $13.0M, and assets of $37.3M (revenue -10.3% year-over-year).
- 2011: Revenue of $13.7M, expenses of $13.4M, and assets of $36.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pointers Cleaners & Caulkers 66 Insurance & Welfare Fund:
Data Sources and Methodology
This transparency report for Pointers Cleaners & Caulkers 66 Insurance & 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.