Retail Wholesale & Department Store Union

Retail Wholesale & Department Store Union shows stable but declining assets with consistent operational deficits in recent years.

EIN: 135591972 · New York, NY · Updated: 2026-03-28

$1.8MRevenue
$1.7MGross Revenue
$2.2MAssets
65/100Mission Score (Good)
Retail Wholesale & Department Store Union Financial Summary
MetricValue
Total Revenue$1.8M
Total Expenses$1.7M
Program Spending70%
CEO/Top Officer Pay$1.5
Net Assets$2.0M
Transparency Score65/100

Is Retail Wholesale & Department Store Union Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

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: 135591972) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.8M and total assets of $2.2M 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

83Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

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 -0.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.6M
Total Expenses$1.7M
Surplus / Deficit$-99,425
Total Assets$2.2M
Total Liabilities$189K
Net Assets$2.0M
Operating Margin-6.1%
Debt-to-Asset Ratio8.5%
Months of Reserves15.3 months

Financial Health Grade: B

In 2023, Retail Wholesale & Department Store Union reported a deficit of $99K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Retail Wholesale & Department Store Union's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+6.3%+12.9%-4.9%
2022+23.3%+2.2%-6.2%
2021+0.6%+11.4%-3.9%
2020-30.7%-16.8%+1.4%
2019-1.1%-13.9%-1.2%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date1943

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Retail Wholesale & Department Store Union (RWDSU) demonstrates a consistent operational pattern over the past decade, with revenues and expenses generally fluctuating around the $1.5 million to $2 million mark. In the most recent filing (202312), the organization reported revenues of $1,636,913 against expenses of $1,736,338, indicating a slight operational deficit for that period. This trend of expenses occasionally exceeding revenue is visible in several past years, such as 202112 ($1,248,324 revenue vs. $1,504,757 expenses) and 201812 ($1,811,411 revenue vs. $1,886,835 expenses), suggesting that the union may draw on its assets or reserves during leaner periods. The organization's assets have shown a gradual decline from a high of $3,130,746 in 201512 to $2,220,625 in 202312, which warrants attention, although liabilities remain relatively low and stable, indicating good financial control in that area. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of financial transparency and a commitment to directing resources elsewhere. This suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is unusual for an organization of this size and warrants further investigation for a complete picture. The overall financial health appears stable but with a trend of declining assets and occasional operational deficits, which could impact long-term sustainability if not addressed. Transparency is generally good given the consistent filing history and the clear reporting of key financial metrics. The absence of officer compensation is a notable point for transparency, as it either indicates a highly volunteer-driven leadership or a different compensation structure that isn't immediately apparent from the summary data. Further details on functional expenses would enhance the ability to fully assess spending efficiency and program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Retail Wholesale & Department Store Union with a Mission Score of 65 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:

$1.6MTotal Revenue
$1.7MTotal Expenses
$2.2MTotal Assets
$189KTotal Liabilities
$2.0MNet Assets
  • The organization reported a deficit of $99K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 8.5%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual expenses exceeding $1.5 million and suggests that leadership may be compensated through other means or is entirely volunteer-based, requiring further clarification for a complete understanding.

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:

  • Consistent operational deficits in multiple years (e.g., 202312, 202112, 201812), where expenses exceeded revenue.
  • Gradual decline in total assets over the past decade, from $3,130,746 in 201512 to $2,220,625 in 202312.
  • Unusual reporting of 0% officer compensation across all filings, which may obscure actual leadership compensation.

Strengths

The following positive indicators were identified for Retail Wholesale & Department Store Union:

  • Consistent IRS 990 filing history, indicating good compliance and transparency.
  • Relatively stable liabilities, suggesting effective management of debt and obligations.
  • Long operational history with consistent revenue streams, demonstrating organizational resilience.

Frequently Asked Questions about Retail Wholesale & Department Store Union

Is Retail Wholesale & Department Store Union a legitimate charity?

Retail Wholesale & Department Store Union (EIN: 135591972) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

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: 135591972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Retail Wholesale & Department Store Union CEO make?

Retail Wholesale & Department Store Union's highest-compensated officer earns $1.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

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.

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 135591972.

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 $1.8M in total revenue.

How does the organization sustain operations with recurring deficits?

The organization appears to cover operational deficits by drawing down its assets, which have decreased from $3,130,746 in 201512 to $2,220,625 in 202312.

What is the actual compensation structure for executive leadership?

The filings consistently report 0% officer compensation, which is atypical for an organization of this size and suggests that executive compensation may be structured differently or is entirely volunteer-based, requiring more detailed information to understand.

What are the specific categories of expenses that constitute the majority of spending?

Without a detailed functional expense breakdown (program, administrative, fundraising), it's difficult to pinpoint specific categories, but total expenses have consistently been around $1.5 million to $2.1 million annually.

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 declined by 7.4%, moving from $1.8M to $1.6M. Total assets decreased by 31.6% over the same period, from $3.2M to $2.2M. Total functional expenses fell by 15.4%, from $2.1M to $1.7M. In its most recent filing year (2023), Retail Wholesale & Department Store Union reported a deficit of $99K, with expenses exceeding revenue. The organization holds $189K in liabilities against $2.2M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $2.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.6M $1.7M $2.2M $189K
2022 $1.5M $1.5M $2.3M $203K View 990
2021 $1.2M $1.5M $2.5M $360K View 990
2020 $1.2M $1.4M $2.6M $205K View 990
2019 $1.8M $1.6M $2.6M $59K View 990
2018 $1.8M $1.9M $2.6M $162K View 990
2017 $1.7M $1.9M $2.6M $138K View 990
2016 $1.9M $2.2M $2.9M $166K View 990
2015 $1.7M $1.8M $3.1M $177K View 990
2014 $1.8M $1.9M $3.1M $136K View 990
2013 $1.8M $1.9M $3.2M $121K View 990
2012 $1.7M $1.7M $3.3M $128K View 990
2011 $1.8M $2.1M $3.2M $109K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.6M, expenses of $1.7M, and assets of $2.2M (revenue +6.3% year-over-year).
  • 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $2.3M (revenue +23.3% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $1.5M, and assets of $2.5M (revenue +0.6% year-over-year).
  • 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $2.6M (revenue -30.7% year-over-year).
  • 2019: Revenue of $1.8M, expenses of $1.6M, and assets of $2.6M (revenue -1.1% year-over-year).
  • 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $2.6M (revenue +6.8% year-over-year).
  • 2017: Revenue of $1.7M, expenses of $1.9M, and assets of $2.6M (revenue -12.6% year-over-year).
  • 2016: Revenue of $1.9M, expenses of $2.2M, and assets of $2.9M (revenue +11.7% year-over-year).
  • 2015: Revenue of $1.7M, expenses of $1.8M, and assets of $3.1M (revenue -3.4% year-over-year).
  • 2014: Revenue of $1.8M, expenses of $1.9M, and assets of $3.1M (revenue -0.6% year-over-year).
  • 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $3.2M (revenue +3.5% year-over-year).
  • 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $3.3M (revenue -1.1% year-over-year).
  • 2011: Revenue of $1.8M, expenses of $2.1M, and assets of $3.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Retail Wholesale & Department Store Union:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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