Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund

Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund consistently manages substantial revenues with no reported officer compensation.

EIN: 116002718 · Long Island City, NY · Updated: 2026-03-28

$0Revenue

$0Assets

85/100Mission Score (Excellent)

About Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund

Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund (EIN: 116002718) is a nonprofit organization based in Long Island City, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund appears to be a well-managed organization based on its historical IRS 990 filings. Over the five-year period from 2011 to 2015, the organization consistently generated substantial revenue, ranging from $7.8 million to $8.6 million annually, with expenses closely aligned, indicating a stable operational model. For instance, in 2015, revenue was $8,615,831 against expenses of $8,503,063, resulting in a modest surplus. The organization's assets have also shown consistent growth, increasing from $6,633,291 in 2011 to $8,328,574 in 2015, suggesting sound financial stewardship and accumulation of reserves. Liabilities have remained manageable relative to assets, indicating a healthy balance sheet.

The absence of reported officer compensation across all five filings is a significant indicator of transparency and efficient use of funds, as it suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, or that compensation is very low. This practice generally contributes to a higher percentage of funds being directed towards the organization's stated purpose. The consistent financial performance and asset growth, coupled with no reported officer compensation, paint a picture of a financially stable and responsibly managed benefit fund.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rdwa 8 Roofers Waterproofers & Allied Local Benefit 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: 95%
fundraising: 0%

According to IRS 990 filings, Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reported 0% officer compensation across all five filings, indicating that executive leadership is either unpaid, compensated through non-officer categories, or that the organization prioritizes directing all funds to its beneficiaries and operations rather than high executive salaries.

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 Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund's IRS 990 filings:

NTEE Code Unknown: Lack of a specific NTEE code makes it difficult to benchmark against similar organizations.

Strengths

The following positive indicators were identified for Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund:

Consistent Revenue Generation: Annual revenues consistently between $7.8M and $8.6M over five years.
Asset Growth: Assets increased from $6.6M in 2011 to $8.3M in 2015, indicating financial stability.
No Reported Officer Compensation: 0% officer compensation across all filings suggests efficient use of funds.
Stable Financial Operations: Expenses closely track revenues, indicating sound financial management.

Frequently Asked Questions about Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund

Is Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund a good charity?

Based on the available IRS 990 data, the organization demonstrates strong financial health, consistent revenue generation, and responsible asset management. The absence of reported officer compensation is a positive indicator of efficient resource allocation, suggesting it is a well-managed benefit fund.

How has the organization's financial position changed over time?

The organization has shown consistent growth in assets, from $6,633,291 in 2011 to $8,328,574 in 2015, while maintaining stable revenue and expense levels, indicating a healthy and growing financial position.

What is the organization's approach to executive compensation?

The organization reported 0% officer compensation in all available filings, suggesting a highly conservative approach to executive pay, potentially relying on volunteer leadership or very modest compensation not categorized as officer pay.

Filing History

IRS 990 filing history for Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund's revenue has grown by 4.1%, moving from $8.3M to $8.6M. Total assets increased by 25.6% over the same period, from $6.6M to $8.3M. Total functional expenses rose by 6.8%, from $8.0M to $8.5M. In its most recent filing year (2015), Rdwa 8 Roofers Waterproofers & Allied Local Benefit Fund reported a surplus of $113K, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $8.3M in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $4.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2015	$8.6M	$8.5M	$8.3M	$4.0M	—	View 990
2014	$7.9M	$7.6M	$7.6M	$3.4M	—	View 990
2013	$8.6M	$8.1M	$7.4M	$3.5M	—	View 990
2012	$7.9M	$7.7M	$6.9M	$3.5M	—	View 990
2011	$8.3M	$8.0M	$6.6M	$3.5M	—	View 990

Year-by-Year Financial Summary

2015: Revenue of $8.6M, expenses of $8.5M, and assets of $8.3M (revenue +8.7% year-over-year).
2014: Revenue of $7.9M, expenses of $7.6M, and assets of $7.6M (revenue -8.2% year-over-year).
2013: Revenue of $8.6M, expenses of $8.1M, and assets of $7.4M (revenue +9.8% year-over-year).
2012: Revenue of $7.9M, expenses of $7.7M, and assets of $6.9M (revenue -5.0% year-over-year).
2011: Revenue of $8.3M, expenses of $8.0M, and assets of $6.6M.

Data Sources and Methodology

This transparency report for Rdwa 8 Roofers Waterproofers & Allied Local Benefit 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.