Redwood Empire Electrical Workers Health & Welfare Trust
EIN: 237071451 · Santa Rosa, CA
| Metric | Value |
|---|---|
| Total Revenue | $13.1M |
| Total Expenses | $11.7M |
| Net Assets | $6.4M |
Is Redwood Empire Electrical Workers Health & Welfare Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Redwood Empire Electrical Workers Health & Welfare Trust
Redwood Empire Electrical Workers Health & Welfare Trust (EIN: 237071451) is a nonprofit organization based in Santa Rosa, CA. The organization reported total revenue of $13.1M and total assets of $12.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Redwood Empire Electrical Workers Health & Welfare Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Redwood Empire Electrical Workers Health & Welfare Trust is a large nonprofit that has been operating for 69 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.6M |
| Total Expenses | $11.7M |
| Surplus / Deficit | $-1,128,932 |
| Total Assets | $12.9M |
| Total Liabilities | $6.5M |
| Net Assets | $6.4M |
| Operating Margin | -10.7% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 13.2 months |
Financial Health Grade: C
In 2023, Redwood Empire Electrical Workers Health & Welfare Trust reported a deficit of $1.1M with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Redwood Empire Electrical Workers Health & Welfare Trust's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +7.5% | +6.2% |
| 2022 | +1.5% | -2.7% | -8.0% |
| 2021 | -7.0% | +3.9% | -9.4% |
| 2020 | -0.7% | -0.4% | +3.3% |
| 2019 | +7.0% | +13.1% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Redwood Empire Electrical Workers Health & Welfare Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Redwood Empire Electrical Workers Health & Welfare Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.2%.
Frequently Asked Questions about Redwood Empire Electrical Workers Health & Welfare Trust
Is Redwood Empire Electrical Workers Health & Welfare Trust a legitimate charity?
Redwood Empire Electrical Workers Health & Welfare Trust (EIN: 237071451) is a registered tax-exempt nonprofit based in California. It has 14 years of IRS 990 filings on record. Total revenue: $13.1M. No red flags identified. Financial health grade: C.
How does Redwood Empire Electrical Workers Health & Welfare Trust spend its money?
Redwood Empire Electrical Workers Health & Welfare Trust reported $13.1M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Redwood Empire Electrical Workers Health & Welfare Trust tax-deductible?
Redwood Empire Electrical Workers Health & Welfare Trust is registered as a tax-exempt nonprofit (EIN: 237071451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Redwood Empire Electrical Workers Health & Welfare Trust located?
Redwood Empire Electrical Workers Health & Welfare Trust is headquartered in Santa Rosa, California and files with the IRS under EIN 237071451.
How many years of IRS 990 filings does Redwood Empire Electrical Workers Health & Welfare Trust have?
Redwood Empire Electrical Workers Health & Welfare Trust has 14 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 $13.1M in total revenue.
Filing History
IRS 990 filing history for Redwood Empire Electrical Workers Health & Welfare Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Redwood Empire Electrical Workers Health & Welfare Trust's revenue has grown by 62.5%, moving from $6.5M to $10.6M. Total assets increased by 2.5% over the same period, from $12.6M to $12.9M. Total functional expenses rose by 62.7%, from $7.2M to $11.7M. In its most recent filing year (2023), Redwood Empire Electrical Workers Health & Welfare Trust reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $6.5M in liabilities against $12.9M in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.6M | $11.7M | $12.9M | $6.5M | — | — |
| 2022 | $10.8M | $10.9M | $12.2M | $5.6M | — | — |
| 2021 | $10.6M | $11.2M | $13.2M | $5.5M | — | View 990 |
| 2020 | $11.4M | $10.8M | $14.6M | $6.0M | — | View 990 |
| 2019 | $11.5M | $10.8M | $14.1M | $6.3M | — | View 990 |
| 2018 | $10.7M | $9.6M | $12.0M | $5.2M | — | View 990 |
| 2017 | $9.8M | $9.5M | $11.2M | $5.3M | — | View 990 |
| 2016 | $9.0M | $9.4M | $10.3M | $4.7M | — | View 990 |
| 2015 | $8.1M | $11.5M | $10.0M | $6.4M | — | View 990 |
| 2014 | $6.9M | $7.6M | $10.5M | $3.2M | — | View 990 |
| 2013 | $7.5M | $8.1M | $11.6M | $3.7M | — | View 990 |
| 2012 | $6.1M | $7.0M | $11.9M | $2.9M | — | View 990 |
| 2011 | $5.5M | $6.6M | $11.5M | $114K | — | View 990 |
| 2010 | $6.5M | $7.2M | $12.6M | $169K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.6M, expenses of $11.7M, and assets of $12.9M (revenue -1.6% year-over-year).
- 2022: Revenue of $10.8M, expenses of $10.9M, and assets of $12.2M (revenue +1.5% year-over-year).
- 2021: Revenue of $10.6M, expenses of $11.2M, and assets of $13.2M (revenue -7.0% year-over-year).
- 2020: Revenue of $11.4M, expenses of $10.8M, and assets of $14.6M (revenue -0.7% year-over-year).
- 2019: Revenue of $11.5M, expenses of $10.8M, and assets of $14.1M (revenue +7.0% year-over-year).
- 2018: Revenue of $10.7M, expenses of $9.6M, and assets of $12.0M (revenue +10.0% year-over-year).
- 2017: Revenue of $9.8M, expenses of $9.5M, and assets of $11.2M (revenue +8.6% year-over-year).
- 2016: Revenue of $9.0M, expenses of $9.4M, and assets of $10.3M (revenue +11.0% year-over-year).
- 2015: Revenue of $8.1M, expenses of $11.5M, and assets of $10.0M (revenue +16.7% year-over-year).
- 2014: Revenue of $6.9M, expenses of $7.6M, and assets of $10.5M (revenue -7.3% year-over-year).
- 2013: Revenue of $7.5M, expenses of $8.1M, and assets of $11.6M (revenue +21.8% year-over-year).
- 2012: Revenue of $6.1M, expenses of $7.0M, and assets of $11.9M (revenue +11.2% year-over-year).
- 2011: Revenue of $5.5M, expenses of $6.6M, and assets of $11.5M (revenue -15.2% year-over-year).
- 2010: Revenue of $6.5M, expenses of $7.2M, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Redwood Empire Electrical Workers Health & Welfare Trust:
Data Sources and Methodology
This transparency report for Redwood Empire Electrical Workers Health & Welfare Trust 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.