Rhode Island Assoc Of Plumbing Heating & Cooling Contractors
Rhode Island Plumbing Contractors Association Shows Consistent Growth and Strong Financial Health
EIN: 222858516 · Warwick, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $103K |
| Program Spending | 70% |
| Net Assets | $397K |
| Transparency Score | 75/100 |
Is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Rhode Island Assoc Of Plumbing Heating & Cooling Contractors
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors (EIN: 222858516) is a nonprofit organization based in Warwick, RI. The organization reported total revenue of $195K and total assets of $472K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $103K |
| Surplus / Deficit | +$30K |
| Total Assets | $397K |
| Net Assets | $397K |
| Operating Margin | 22.8% |
| Months of Reserves | 46.4 months |
Financial Health Grade: A
In 2023, Rhode Island Assoc Of Plumbing Heating & Cooling Contractors reported a surplus of $30K with revenue exceeding expenses, holds 46.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | +31.9% | +8.3% |
| 2022 | +20.3% | -6.3% | +20.3% |
| 2021 | -3.9% | -4.3% | +12.2% |
| 2020 | +5.8% | -25.4% | +14.4% |
| 2019 | +17.5% | +1.8% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Rhode Island Assoc Of Plumbing Heating & Cooling Contractors 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, Rhode Island Assoc Of Plumbing Heating & Cooling Contractors 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 $30K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as the 'x' value likely represents total expenses rather than individual compensation.
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 Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial statements.
- Executive compensation is not itemized in the provided data, making it difficult to assess fairness.
Strengths
The following positive indicators were identified for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors:
- Consistent revenue growth over the past several years, from $71,718 in 2016 to $132,894 in 2023.
- Healthy asset growth, increasing from $230,205 in 2016 to $397,070 in 2023.
- Positive net assets year over year, indicating financial stability.
- Low fundraising costs implied by the overall expense structure.
Frequently Asked Questions about Rhode Island Assoc Of Plumbing Heating & Cooling Contractors
Is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors a legitimate charity?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors (EIN: 222858516) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $195K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors spend its money?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Rhode Island Assoc Of Plumbing Heating & Cooling Contractors tax-deductible?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors is registered as a tax-exempt nonprofit (EIN: 222858516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's spending goes to programs?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors located?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors is headquartered in Warwick, Rhode Island and files with the IRS under EIN 222858516.
How many years of IRS 990 filings does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors have?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors 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 $195K in total revenue.
What does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors do?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors is a nonprofit organization in the Unknown sector, located in Warwick, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors have?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors reported total revenue of $194,547. Based on 13 IRS 990 filings on record.
What are Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's total assets?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors holds total assets of $472,105 as reported in IRS 990 filings.
Where is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors located?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors is based in Warwick, Rhode Island.
What is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's EIN?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's Employer Identification Number (EIN) is 222858516. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors is classified under NTEE code Unknown (Unknown).
Is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors a registered 501(c)(3)?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors appears in IRS records (EIN: 222858516). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors file IRS Form 990?
Yes, Rhode Island Assoc Of Plumbing Heating & Cooling Contractors has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's revenue in 2023?
In the 202312 filing period, Rhode Island Assoc Of Plumbing Heating & Cooling Contractors reported total revenue of $132,894, total expenses of $102,624, and net assets of $397,070.
Is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's revenue growing or declining?
Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's revenue is relatively stable. Revenue went from $139,810 (202212) to $132,894 (202312), a -4.9% change. Based on 13 filings on record.
What is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's most recent 990 filing?
The most recent IRS Form 990 filing for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors covers tax period 202312. It shows revenue of $132,894, expenses of $102,624, total assets of $397,070, and liabilities of N/A.
How much does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors spend on programs vs administration?
Based on IRS 990 analysis, Rhode Island Assoc Of Plumbing Heating & Cooling Contractors allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors a trustworthy charity?
Based on AI analysis of IRS 990 data, Rhode Island Assoc Of Plumbing Heating & Cooling Contractors appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors?
The following concerns were identified: Lack of detailed program impact reporting beyond financial statements.. Executive compensation is not itemized in the provided data, making it difficult to assess fairness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's strengths?
Positive indicators for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors include: Consistent revenue growth over the past several years, from $71,718 in 2016 to $132,894 in 2023.. Healthy asset growth, increasing from $230,205 in 2016 to $397,070 in 2023.. Positive net assets year over year, indicating financial stability.. Low fundraising costs implied by the overall expense structure.. These findings are derived from AI analysis of the organization's financial filings.
How does Rhode Island Assoc Of Plumbing Heating & Cooling Contractors compensate executives?
Executive compensation is not explicitly detailed in the provided data, as the 'x' value likely represents total expenses rather than individual compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Rhode Island Assoc Of Plumbing Heating & Cooling Contractors?
• The organization consistently files its Form 990, providing a clear financial history. • Detailed breakdowns of revenue and expenses are available in the provided filings. • No specific transparency report or detailed program impact report is readily available beyond the tax filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure its programs directly benefit the plumbing, heating, and cooling contractors in Rhode Island?
While financial data shows consistent expenses, the specific nature and impact of programs on its members are not detailed in the provided information. Further inquiry into program descriptions and member testimonials would be beneficial.
What is the strategy behind the consistent growth in assets, and how are these assets being utilized to further the organization's mission?
The organization has shown consistent asset growth, from $230,205 in 2016 to $397,070 in 2023. Understanding the investment strategy and how these growing assets contribute to member services or advocacy would provide deeper insight.
Filing History
IRS 990 filing history for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rhode Island Assoc Of Plumbing Heating & Cooling Contractors's revenue has grown by 141.1%, moving from $55K to $133K. Total assets increased by 179.8% over the same period, from $142K to $397K. Total functional expenses rose by 218%, from $32K to $103K. In its most recent filing year (2023), Rhode Island Assoc Of Plumbing Heating & Cooling Contractors reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $103K | $397K | $0 | — | — |
| 2022 | $140K | $78K | $367K | $0 | — | — |
| 2021 | $116K | $83K | $305K | $0 | — | View 990 |
| 2020 | $121K | $87K | $272K | $0 | — | — |
| 2019 | $114K | $116K | $237K | $0 | — | View 990 |
| 2018 | $97K | $114K | $240K | $0 | — | View 990 |
| 2017 | $91K | $65K | $257K | $0 | — | View 990 |
| 2016 | $72K | $56K | $230K | $0 | — | View 990 |
| 2015 | $77K | $42K | $214K | $0 | — | View 990 |
| 2014 | $63K | $47K | $179K | $0 | — | View 990 |
| 2013 | $51K | $47K | $162K | $0 | — | View 990 |
| 2012 | $48K | $32K | $157K | $0 | — | View 990 |
| 2011 | $55K | $32K | $142K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $103K, and assets of $397K (revenue -4.9% year-over-year).
- 2022: Revenue of $140K, expenses of $78K, and assets of $367K (revenue +20.3% year-over-year).
- 2021: Revenue of $116K, expenses of $83K, and assets of $305K (revenue -3.9% year-over-year).
- 2020: Revenue of $121K, expenses of $87K, and assets of $272K (revenue +5.8% year-over-year).
- 2019: Revenue of $114K, expenses of $116K, and assets of $237K (revenue +17.5% year-over-year).
- 2018: Revenue of $97K, expenses of $114K, and assets of $240K (revenue +6.5% year-over-year).
- 2017: Revenue of $91K, expenses of $65K, and assets of $257K (revenue +27.5% year-over-year).
- 2016: Revenue of $72K, expenses of $56K, and assets of $230K (revenue -7.3% year-over-year).
- 2015: Revenue of $77K, expenses of $42K, and assets of $214K (revenue +22.3% year-over-year).
- 2014: Revenue of $63K, expenses of $47K, and assets of $179K (revenue +23.6% year-over-year).
- 2013: Revenue of $51K, expenses of $47K, and assets of $162K (revenue +7.3% year-over-year).
- 2012: Revenue of $48K, expenses of $32K, and assets of $157K (revenue -13.5% year-over-year).
- 2011: Revenue of $55K, expenses of $32K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors:
Data Sources and Methodology
This transparency report for Rhode Island Assoc Of Plumbing Heating & Cooling Contractors 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.