Retail Wholesale & Department Store Union
Retail Wholesale & Department Store Union shows consistent revenue generation and asset growth in recent years.
EIN: 135396735 · New York, NY · NTEE: J40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Program Spending | 70% |
| Net Assets | $810K |
| Transparency Score | 75/100 |
Is Retail Wholesale & Department Store Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Retail Wholesale & Department Store Union directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Retail Wholesale & Department Store Union
Retail Wholesale & Department Store Union (EIN: 135396735) is a nonprofit organization based in New York, NY, classified under NTEE code J40Z. The organization reported total revenue of $2.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retail Wholesale & Department Store Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retail Wholesale & Department Store Union is a mid-size nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$312K |
| Total Assets | $934K |
| Total Liabilities | $124K |
| Net Assets | $810K |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Retail Wholesale & Department Store Union reported a surplus of $312K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Retail Wholesale & Department Store Union's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | -2.1% | +38.2% |
| 2022 | +2.0% | -9.6% | +53.1% |
| 2021 | +7.4% | -6.1% | +17.9% |
| 2020 | -9.0% | -3.5% | -34.7% |
| 2019 | +4.3% | +2.0% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1943 |
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 Retail Wholesale & Department Store Union 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Retail Wholesale & Department Store Union allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $312K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or that executive compensation is categorized under other expense lines, which would require further detail for complete transparency.
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 Retail Wholesale & Department Store Union's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation reported, which may obscure executive remuneration if it's categorized elsewhere.
Strengths
The following positive indicators were identified for Retail Wholesale & Department Store Union:
- Consistent revenue generation, with latest revenue at $2,141,833.
- Positive net income in recent years (2021-2023), leading to asset growth.
- Significant asset growth from $374,346 in 2020 to $933,682 in 2023.
- Decreasing liabilities from $278,805 in 2021 to $124,067 in 2023, indicating improved financial health.
- Long history of IRS 990 filings (13 filings), suggesting transparency in reporting.
Frequently Asked Questions about Retail Wholesale & Department Store Union
Is Retail Wholesale & Department Store Union a legitimate charity?
Retail Wholesale & Department Store Union (EIN: 135396735) 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: $2.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Retail Wholesale & Department Store Union spend its money?
Retail Wholesale & Department Store Union directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Retail Wholesale & Department Store Union tax-deductible?
Retail Wholesale & Department Store Union is registered as a tax-exempt nonprofit (EIN: 135396735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Retail Wholesale & Department Store Union's spending goes to programs?
Retail Wholesale & Department Store Union directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Retail Wholesale & Department Store Union compare to similar nonprofits?
With a transparency score of 75/100 (Good), Retail Wholesale & Department Store Union is above average for NTEE category J40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Retail Wholesale & Department Store Union located?
Retail Wholesale & Department Store Union is headquartered in New York, New York and files with the IRS under EIN 135396735. It is classified under NTEE code J40Z.
How many years of IRS 990 filings does Retail Wholesale & Department Store Union have?
Retail Wholesale & Department Store Union 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 $2.1M in total revenue.
How does the organization manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation across all 13 filings is unusual for an organization of this size and revenue. It could indicate that leadership roles are entirely volunteer-based, or that compensation for executives is reported under different expense categories (e.g., salaries and wages for employees) rather than specifically as 'Officer Comp' on the 990. Further investigation into the detailed expense schedules would be needed to clarify this.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. While overall expenses are reported, the allocation between program services, administrative costs, and fundraising efforts is not specified, making it difficult to assess spending efficiency in these areas precisely.
What caused the period of higher expenses than revenue from 2017-2020?
From 2017 to 2020, the organization consistently reported expenses exceeding revenue (e.g., $2,243,335 expenses vs. $2,035,376 revenue in 2017; $2,264,221 expenses vs. $2,060,194 revenue in 2020). This led to a decrease in assets during that period. Without further detail, the specific causes could range from increased operational costs, strategic investments, or temporary dips in revenue.
What is the organization's strategy for asset growth and management?
The organization has shown significant asset growth in recent years, from $374,346 in 2020 to $933,682 in 2023. This growth is primarily driven by consistent revenue exceeding expenses since 2021. The strategy appears to involve maintaining a positive operational margin to build reserves and strengthen its financial position.
Filing History
IRS 990 filing history for Retail Wholesale & Department Store Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Retail Wholesale & Department Store Union's revenue has grown by 58%, moving from $1.4M to $2.2M. Total assets increased by 358.7% over the same period, from $204K to $934K. Total functional expenses rose by 40.8%, from $1.3M to $1.9M. In its most recent filing year (2023), Retail Wholesale & Department Store Union reported a surplus of $312K, with revenue exceeding expenses. The organization holds $124K in liabilities against $934K in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $810K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.9M | $934K | $124K | — | — |
| 2022 | $2.3M | $1.9M | $676K | $178K | — | View 990 |
| 2021 | $2.2M | $2.1M | $441K | $279K | — | View 990 |
| 2020 | $2.1M | $2.3M | $374K | $298K | — | View 990 |
| 2019 | $2.3M | $2.3M | $573K | $293K | — | View 990 |
| 2018 | $2.2M | $2.3M | $599K | $236K | — | View 990 |
| 2017 | $2.0M | $2.2M | $690K | $195K | — | View 990 |
| 2016 | $2.4M | $2.1M | $848K | $145K | — | View 990 |
| 2015 | $1.7M | $1.7M | $358K | $128K | — | View 990 |
| 2014 | $1.4M | $1.3M | $260K | $76K | — | View 990 |
| 2013 | $1.4M | $1.4M | $156K | $114K | — | View 990 |
| 2012 | $1.3M | $1.4M | $201K | $107K | — | View 990 |
| 2011 | $1.4M | $1.3M | $204K | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.9M, and assets of $934K (revenue -2.8% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.9M, and assets of $676K (revenue +2.0% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.1M, and assets of $441K (revenue +7.4% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.3M, and assets of $374K (revenue -9.0% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $573K (revenue +4.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $599K (revenue +6.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.2M, and assets of $690K (revenue -14.5% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.1M, and assets of $848K (revenue +37.8% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $358K (revenue +20.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $260K (revenue +6.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $156K (revenue +0.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $201K (revenue -3.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retail Wholesale & Department Store Union:
Data Sources and Methodology
This transparency report for Retail Wholesale & Department Store Union 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.