Rochester Area Cons And Materials Teamsters Health & Welfare Fund
Rochester Area Teamsters Health & Welfare Fund consistently operates near break-even with no reported officer compensation.
EIN: 160962644 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.3M |
| Total Expenses | $6.8M |
| Program Spending | 98% |
| Net Assets | $7.0M |
| Transparency Score | 95/100 |
Is Rochester Area Cons And Materials Teamsters Health & Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester Area Cons And Materials Teamsters Health & Welfare Fund directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochester Area Cons And Materials Teamsters Health & Welfare Fund
Rochester Area Cons And Materials Teamsters Health & Welfare Fund (EIN: 160962644) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $12.3M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester Area Cons And Materials Teamsters Health & Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester Area Cons And Materials Teamsters Health & Welfare Fund is a large nonprofit that has been operating for 56 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-92,916 |
| Total Assets | $7.2M |
| Total Liabilities | $190K |
| Net Assets | $7.0M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Rochester Area Cons And Materials Teamsters Health & Welfare Fund reported a deficit of $93K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Rochester Area Cons And Materials Teamsters Health & Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | -2.4% | +3.4% |
| 2022 | -9.6% | -2.0% | -10.8% |
| 2021 | +13.0% | +3.1% | +20.0% |
| 2020 | +0.0% | +4.2% | +2.4% |
| 2019 | +11.5% | +8.5% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
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 Rochester Area Cons And Materials Teamsters Health & Welfare Fund with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 2%
- programs: 98%
- fundraising: 0%
According to IRS 990 filings, Rochester Area Cons And Materials Teamsters Health & Welfare Fund allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led or externally managed structure for executive functions, or that compensation is reported under other expense categories not specified as 'officer 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 Rochester Area Cons And Materials Teamsters Health & Welfare Fund's IRS 990 filings:
- NTEE Code is unknown, which limits detailed comparative analysis against similar organizations.
Strengths
The following positive indicators were identified for Rochester Area Cons And Materials Teamsters Health & Welfare Fund:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
- Stable financial operations with revenues closely matching expenses over a decade.
- Healthy asset-to-liability ratio, demonstrating financial solvency.
- Strong program focus, with virtually all expenses directed towards its core mission (implied by lack of fundraising and minimal admin).
Frequently Asked Questions about Rochester Area Cons And Materials Teamsters Health & Welfare Fund
Is Rochester Area Cons And Materials Teamsters Health & Welfare Fund a legitimate charity?
Rochester Area Cons And Materials Teamsters Health & Welfare Fund (EIN: 160962644) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $12.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Rochester Area Cons And Materials Teamsters Health & Welfare Fund spend its money?
Rochester Area Cons And Materials Teamsters Health & Welfare Fund directs 98% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rochester Area Cons And Materials Teamsters Health & Welfare Fund tax-deductible?
Rochester Area Cons And Materials Teamsters Health & Welfare Fund is registered as a tax-exempt nonprofit (EIN: 160962644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rochester Area Cons And Materials Teamsters Health & Welfare Fund located?
Rochester Area Cons And Materials Teamsters Health & Welfare Fund is headquartered in Rochester, New York and files with the IRS under EIN 160962644.
How many years of IRS 990 filings does Rochester Area Cons And Materials Teamsters Health & Welfare Fund have?
Rochester Area Cons And Materials Teamsters Health & Welfare Fund has 12 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 $12.3M in total revenue.
How does the organization manage to have 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive functions are performed by volunteers, or that compensation for these roles is categorized differently within the expense structure, or that the fund is administered by an external entity whose fees are not classified as officer compensation.
Is the slight deficit in recent years a concern?
A slight deficit, such as the $92,916 difference between revenue and expenses in 2023, is not necessarily a concern for a health & welfare fund. These funds often aim to disburse most of their income as benefits, and minor fluctuations are expected. The consistent asset base suggests overall financial stability.
What is the primary purpose of this organization?
Based on its name, 'Rochester Area Cons And Materials Teamsters Health & Welfare Fund', its primary purpose is to provide health and welfare benefits to members of the Teamsters union in the Rochester area. The consistent high program spending (implied by low administrative costs and no fundraising) supports this.
Filing History
IRS 990 filing history for Rochester Area Cons And Materials Teamsters Health & Welfare Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Rochester Area Cons And Materials Teamsters Health & Welfare Fund's revenue has grown by 139%, moving from $2.8M to $6.7M. Total assets increased by 39.1% over the same period, from $5.2M to $7.2M. Total functional expenses rose by 152.9%, from $2.7M to $6.8M. In its most recent filing year (2023), Rochester Area Cons And Materials Teamsters Health & Welfare Fund reported a deficit of $93K, with expenses exceeding revenue. The organization holds $190K in liabilities against $7.2M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $6.8M | $7.2M | $190K | — | View 990 |
| 2022 | $6.8M | $7.0M | $7.0M | $160K | — | View 990 |
| 2021 | $7.5M | $7.1M | $7.8M | $223K | — | — |
| 2020 | $6.7M | $6.9M | $6.5M | $230K | — | — |
| 2019 | $6.7M | $6.6M | $6.3M | $240K | — | View 990 |
| 2018 | $6.0M | $6.1M | $6.1M | $213K | — | View 990 |
| 2017 | $5.6M | $5.8M | $6.1M | $206K | — | View 990 |
| 2016 | $5.4M | $5.4M | $5.8M | $198K | — | View 990 |
| 2015 | $5.5M | $5.3M | $5.7M | $191K | — | View 990 |
| 2014 | $4.8M | $4.7M | $5.6M | $167K | — | View 990 |
| 2013 | $3.4M | $3.5M | $5.1M | $58K | — | View 990 |
| 2012 | $2.8M | $2.7M | $5.2M | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $6.8M, and assets of $7.2M (revenue -1.8% year-over-year).
- 2022: Revenue of $6.8M, expenses of $7.0M, and assets of $7.0M (revenue -9.6% year-over-year).
- 2021: Revenue of $7.5M, expenses of $7.1M, and assets of $7.8M (revenue +13.0% year-over-year).
- 2020: Revenue of $6.7M, expenses of $6.9M, and assets of $6.5M (revenue +0.0% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.6M, and assets of $6.3M (revenue +11.5% year-over-year).
- 2018: Revenue of $6.0M, expenses of $6.1M, and assets of $6.1M (revenue +7.6% year-over-year).
- 2017: Revenue of $5.6M, expenses of $5.8M, and assets of $6.1M (revenue +2.4% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.4M, and assets of $5.8M (revenue -0.7% year-over-year).
- 2015: Revenue of $5.5M, expenses of $5.3M, and assets of $5.7M (revenue +13.6% year-over-year).
- 2014: Revenue of $4.8M, expenses of $4.7M, and assets of $5.6M (revenue +39.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.5M, and assets of $5.1M (revenue +22.9% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.7M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester Area Cons And Materials Teamsters Health & Welfare Fund:
Data Sources and Methodology
This transparency report for Rochester Area Cons And Materials Teamsters Health & 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.