Retail Wholesale & Department Store Union
Retail Wholesale & Department Store Union: Stable Revenue, Declining Assets
EIN: 221171648 · Maplewood, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $605K |
| 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: 221171648) is a nonprofit organization based in Maplewood, NJ. The organization reported total revenue of $1.8M and total assets of $835K 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 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-312,582 |
| Total Assets | $960K |
| Total Liabilities | $355K |
| Net Assets | $605K |
| Operating Margin | -17.7% |
| Debt-to-Asset Ratio | 36.9% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Retail Wholesale & Department Store Union reported a deficit of $313K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 36.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Retail Wholesale & Department Store Union's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | +43.8% | -12.6% |
| 2022 | -18.5% | -20.0% | -4.2% |
| 2021 | -2.0% | +4.9% | -2.8% |
| 2020 | -10.0% | -30.8% | -6.6% |
| 2019 | +7.8% | +11.4% | -8.3% |
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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Retail Wholesale & Department Store Union allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. 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 deficit of $313K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization of this size and suggests potential reporting discrepancies or alternative compensation structures.
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 reporting of 0% compensation for key employees across all years raises questions about how leadership is compensated.
- Significant decline in total assets over the past five years, from $1,262,131 in 2019 to $834,538 in 2023, without clear explanation in available data.
- Lack of detailed program spending breakdown makes it difficult to assess the impact of funds.
Strengths
The following positive indicators were identified for Retail Wholesale & Department Store Union:
- Stable revenue stream over the past several years, indicating consistent funding or membership support.
- Relatively low liabilities compared to assets, suggesting financial stability in terms of debt.
- Consistent filing of financial documents, indicating adherence to reporting requirements.
Frequently Asked Questions about Retail Wholesale & Department Store Union
Is Retail Wholesale & Department Store Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Retail Wholesale & Department Store Union (EIN: 221171648) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Retail Wholesale & Department Store Union spend its money?
Retail Wholesale & Department Store Union directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Retail Wholesale & Department Store Union tax-deductible?
Retail Wholesale & Department Store Union is registered as a tax-exempt nonprofit (EIN: 221171648). 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 $0 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, 15% 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 Maplewood, New Jersey and files with the IRS under EIN 221171648.
How many years of IRS 990 filings does Retail Wholesale & Department Store Union have?
Retail Wholesale & Department Store Union 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 $1.8M in total revenue.
What does Retail Wholesale & Department Store Union do?
Retail Wholesale & Department Store Union is a nonprofit organization in the Unknown sector, located in Maplewood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Retail Wholesale & Department Store Union have?
Retail Wholesale & Department Store Union reported total revenue of $1,848,774. Based on 14 IRS 990 filings on record.
What are Retail Wholesale & Department Store Union's total assets?
Retail Wholesale & Department Store Union holds total assets of $834,538 as reported in IRS 990 filings.
Where is Retail Wholesale & Department Store Union located?
Retail Wholesale & Department Store Union is based in Maplewood, New Jersey.
What is Retail Wholesale & Department Store Union's EIN?
Retail Wholesale & Department Store Union's Employer Identification Number (EIN) is 221171648. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Retail Wholesale & Department Store Union?
Retail Wholesale & Department Store Union is classified under NTEE code Unknown (Unknown).
Is Retail Wholesale & Department Store Union a registered 501(c)(3)?
Retail Wholesale & Department Store Union appears in IRS records (EIN: 221171648). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Retail Wholesale & Department Store Union file IRS Form 990?
Yes, Retail Wholesale & Department Store Union has 14 IRS Form 990 filings on record. The most recent covers tax period 202307.
What was Retail Wholesale & Department Store Union's revenue in 2023?
In the 202307 filing period, Retail Wholesale & Department Store Union reported total revenue of $1,769,594, total expenses of $2,082,176, and net assets of $959,652.
Is Retail Wholesale & Department Store Union's revenue growing or declining?
Retail Wholesale & Department Store Union's revenue is growing. Revenue went from $1,555,022 (202207) to $1,769,594 (202307), a +13.8% change. Based on 14 filings on record.
What is Retail Wholesale & Department Store Union's most recent 990 filing?
The most recent IRS Form 990 filing for Retail Wholesale & Department Store Union covers tax period 202307. It shows revenue of $1,769,594, expenses of $2,082,176, total assets of $959,652, and liabilities of $354,529.
How much does Retail Wholesale & Department Store Union spend on programs vs administration?
Based on IRS 990 analysis, Retail Wholesale & Department Store Union allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Retail Wholesale & Department Store Union a trustworthy charity?
Based on AI analysis of IRS 990 data, Retail Wholesale & Department Store Union appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Retail Wholesale & Department Store Union?
The following concerns were identified: Consistent reporting of 0% compensation for key employees across all years raises questions about how leadership is compensated.. Significant decline in total assets over the past five years, from $1,262,131 in 2019 to $834,538 in 2023, without clear explanation in available data.. Lack of detailed program spending breakdown makes it difficult to assess the impact of funds.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Retail Wholesale & Department Store Union's strengths?
Positive indicators for Retail Wholesale & Department Store Union include: Stable revenue stream over the past several years, indicating consistent funding or membership support.. Relatively low liabilities compared to assets, suggesting financial stability in terms of debt.. Consistent filing of financial documents, indicating adherence to reporting requirements.. These findings are derived from AI analysis of the organization's financial filings.
How does Retail Wholesale & Department Store Union compensate executives?
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization of this size and suggests potential reporting discrepancies or alternative compensation structures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% executive compensation, how does the organization attract and retain leadership, and what are the actual costs associated with their management?
The consistent reporting of $0 for executive compensation suggests that either leadership is entirely volunteer-based, compensated through a related entity not reflected in these filings, or that compensation is categorized under other expense lines, which would obscure true administrative costs.
What factors are contributing to the continuous decline in total assets, and what strategies are in place to reverse this trend or manage its implications?
The decline in assets from $1,262,131 in 2019 to $834,538 in 2023 could be due to various factors such as investment losses, increased operational expenses exceeding revenue, or strategic asset divestment. Without further detail, it's unclear if this is a planned reduction or a sign of financial strain.
Filing History
IRS 990 filing history for Retail Wholesale & Department Store Union showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Retail Wholesale & Department Store Union's revenue has declined by 20.3%, moving from $2.2M to $1.8M. Total assets decreased by 59.5% over the same period, from $2.4M to $960K. Total functional expenses fell by 15.9%, from $2.5M to $2.1M. In its most recent filing year (2023), Retail Wholesale & Department Store Union reported a deficit of $313K, with expenses exceeding revenue. The organization holds $355K in liabilities against $960K in assets (debt-to-asset ratio: 36.9%), resulting in net assets of $605K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.1M | $960K | $355K | — | View 990 |
| 2022 | $1.6M | $1.4M | $1.1M | $356K | — | View 990 |
| 2021 | $1.9M | $1.8M | $1.1M | $511K | — | View 990 |
| 2020 | $1.9M | $1.7M | $1.2M | $629K | — | — |
| 2019 | $2.2M | $2.5M | $1.3M | $922K | — | View 990 |
| 2018 | $2.0M | $2.2M | $1.4M | $754K | — | View 990 |
| 2017 | $1.6M | $1.7M | $1.1M | $734K | — | View 990 |
| 2016 | $1.5M | $1.7M | $1.1M | $701K | — | View 990 |
| 2015 | $1.6M | $1.6M | $1.1M | $431K | — | View 990 |
| 2014 | $1.6M | $1.8M | $1.1M | $312K | — | View 990 |
| 2013 | $1.8M | $2.1M | $1.0M | $133K | — | View 990 |
| 2012 | $1.9M | $2.4M | $1.6M | $341K | — | View 990 |
| 2011 | $2.1M | $2.6M | $1.9M | $110K | — | View 990 |
| 2010 | $2.2M | $2.5M | $2.4M | $88K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.1M, and assets of $960K (revenue +13.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $1.1M (revenue -18.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $1.1M (revenue -2.0% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $1.2M (revenue -10.0% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.5M, and assets of $1.3M (revenue +7.8% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.2M, and assets of $1.4M (revenue +22.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $1.1M (revenue +6.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $1.1M (revenue -2.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $1.1M (revenue +0.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.8M, and assets of $1.1M (revenue -10.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.1M, and assets of $1.0M (revenue -7.9% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.4M, and assets of $1.6M (revenue -9.6% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.6M, and assets of $1.9M (revenue -4.9% year-over-year).
- 2010: Revenue of $2.2M, expenses of $2.5M, and assets of $2.4M.
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.