Retail Wholesale & Dept Store Union Local 1034 Welfare Fund
EIN: 237105550 · Wayne, PA
Is Retail Wholesale & Dept Store Union Local 1034 Welfare Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Retail Wholesale & Dept Store Union Local 1034 Welfare Fund
Retail Wholesale & Dept Store Union Local 1034 Welfare Fund (EIN: 237105550) is a nonprofit organization based in Wayne, PA. The organization reported total revenue of $1.6M and total assets of $866K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retail Wholesale & Dept Store Union Local 1034 Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Retail Wholesale & Dept Store Union Local 1034 Welfare Fund 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 Retail Wholesale & Dept Store Union Local 1034 Welfare Fund 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.
Frequently Asked Questions about Retail Wholesale & Dept Store Union Local 1034 Welfare Fund
Is Retail Wholesale & Dept Store Union Local 1034 Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Retail Wholesale & Dept Store Union Local 1034 Welfare Fund (EIN: 237105550) insufficient data. 0 red flags identified, 0 strengths noted.
How does Retail Wholesale & Dept Store Union Local 1034 Welfare Fund spend its money?
Detailed spending breakdown data is not yet available for Retail Wholesale & Dept Store Union Local 1034 Welfare Fund. Check back for updated IRS 990 analysis.
Are donations to Retail Wholesale & Dept Store Union Local 1034 Welfare Fund tax-deductible?
Retail Wholesale & Dept Store Union Local 1034 Welfare Fund is registered as a tax-exempt nonprofit (EIN: 237105550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Retail Wholesale & Dept Store Union Local 1034 Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Retail Wholesale & Dept Store Union Local 1034 Welfare Fund's revenue has declined by 31.9%, moving from $2.2M to $1.5M. Total assets decreased by 61.5% over the same period, from $2.5M to $974K. Total functional expenses fell by 31.3%, from $2.4M to $1.6M. In its most recent filing year (2023), Retail Wholesale & Dept Store Union Local 1034 Welfare Fund reported a deficit of $169K, with expenses exceeding revenue. The organization holds $20K in liabilities against $974K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $954K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $974K | $20K | — | View 990 |
| 2022 | $1.5M | $1.6M | $1.1M | $14K | — | — |
| 2021 | $1.3M | $1.5M | $1.4M | $11K | — | View 990 |
| 2020 | $1.7M | $2.0M | $1.6M | $10K | — | — |
| 2019 | $1.6M | $2.1M | $1.8M | $13K | — | View 990 |
| 2018 | $1.7M | $2.0M | $2.0M | $17K | — | View 990 |
| 2017 | $1.8M | $2.0M | $2.4M | $13K | — | View 990 |
| 2016 | $1.9M | $1.9M | $2.4M | $18K | — | View 990 |
| 2015 | $2.3M | $2.3M | $2.4M | $18K | — | View 990 |
| 2014 | $2.4M | $2.3M | $2.7M | $218K | — | View 990 |
| 2013 | $2.2M | $2.2M | $2.3M | $15K | — | View 990 |
| 2012 | $2.2M | $2.6M | $2.2M | $22K | — | View 990 |
| 2011 | $2.2M | $2.4M | $2.5M | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $974K (revenue +0.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue +14.9% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue -24.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $2.0M, and assets of $1.6M (revenue +2.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $2.1M, and assets of $1.8M (revenue -5.0% year-over-year).
- 2018: Revenue of $1.7M, expenses of $2.0M, and assets of $2.0M (revenue -2.6% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.0M, and assets of $2.4M (revenue -4.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $2.4M (revenue -20.1% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.3M, and assets of $2.4M (revenue -3.8% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.3M, and assets of $2.7M (revenue +8.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $2.3M (revenue +3.3% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.6M, and assets of $2.2M (revenue +0.9% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.4M, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Retail Wholesale & Dept Store Union Local 1034 Welfare 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.