Service Professionals Independent Union Local 726
Service Professionals Independent Union Local 726 shows consistent revenue growth and zero officer compensation over the past decade.
EIN: 134075932 · Danbury, CT · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.9M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $6.1M |
| Transparency Score | 90/100 |
Is Service Professionals Independent Union Local 726 Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Service Professionals Independent Union Local 726 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Service Professionals Independent Union Local 726
Service Professionals Independent Union Local 726 (EIN: 134075932) is a nonprofit organization based in Danbury, CT, classified under NTEE code J40. The organization reported total revenue of $8.9M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Service Professionals Independent Union Local 726's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Service Professionals Independent Union Local 726 is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$831K |
| Total Assets | $6.2M |
| Total Liabilities | $65K |
| Net Assets | $6.1M |
| Operating Margin | 41.1% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 62.6 months |
Financial Health Grade: A
In 2023, Service Professionals Independent Union Local 726 reported a surplus of $831K with revenue exceeding expenses, holds 62.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Service Professionals Independent Union Local 726's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | -0.6% | +12.7% |
| 2022 | -13.3% | -3.9% | +10.4% |
| 2021 | -3.0% | -20.0% | +12.5% |
| 2020 | -4.8% | -23.1% | +17.6% |
| 2019 | -20.0% | +2.0% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Service Professionals Independent Union Local 726 with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Service Professionals Independent Union Local 726 allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $831K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its top executives. This is a highly positive indicator for a nonprofit of its size, with recent annual revenues exceeding $2 million.
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.
Strengths
The following positive indicators were identified for Service Professionals Independent Union Local 726:
- Consistent revenue exceeding expenses, leading to strong financial health.
- Significant growth in net assets, from $1.6M in 2014 to $6.2M in 2023.
- Zero officer compensation reported across all available filings, indicating high transparency and mission focus.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
- Stable financial performance over a decade, demonstrating resilience.
Frequently Asked Questions about Service Professionals Independent Union Local 726
Is Service Professionals Independent Union Local 726 a legitimate charity?
Service Professionals Independent Union Local 726 (EIN: 134075932) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.9M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Service Professionals Independent Union Local 726 spend its money?
Service Professionals Independent Union Local 726 directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Service Professionals Independent Union Local 726 tax-deductible?
Service Professionals Independent Union Local 726 is registered as a tax-exempt nonprofit (EIN: 134075932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Service Professionals Independent Union Local 726 CEO make?
Service Professionals Independent Union Local 726's highest-compensated officer earns $2 annually. The organization reported $8.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Service Professionals Independent Union Local 726 compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Service Professionals Independent Union Local 726 is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Service Professionals Independent Union Local 726 located?
Service Professionals Independent Union Local 726 is headquartered in Danbury, Connecticut and files with the IRS under EIN 134075932. It is classified under NTEE code J40.
How many years of IRS 990 filings does Service Professionals Independent Union Local 726 have?
Service Professionals Independent Union Local 726 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 $8.9M in total revenue.
Is Service Professionals Independent Union Local 726 financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue exceeding expenses, leading to significant asset growth from $1.6 million in 2014 to over $6.2 million in 2023.
Does Service Professionals Independent Union Local 726 compensate its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating no salaries or benefits are paid to its top executives.
How has the organization's asset base changed over time?
The organization's assets have grown substantially, from $1,605,478 in 2014 to $6,209,580 in 2023, reflecting strong financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Service Professionals Independent Union Local 726 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Service Professionals Independent Union Local 726's revenue has grown by 63.6%, moving from $1.2M to $2.0M. Total assets increased by 489.6% over the same period, from $1.1M to $6.2M. Total functional expenses fell by 24.9%, from $1.6M to $1.2M. In its most recent filing year (2023), Service Professionals Independent Union Local 726 reported a surplus of $831K, with revenue exceeding expenses. The organization holds $65K in liabilities against $6.2M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.2M | $6.2M | $65K | — | — |
| 2022 | $1.7M | $1.2M | $5.5M | $196K | — | — |
| 2021 | $2.0M | $1.2M | $5.0M | $195K | — | View 990 |
| 2020 | $2.0M | $1.6M | $4.4M | $374K | — | — |
| 2019 | $2.1M | $2.0M | $3.8M | $196K | — | View 990 |
| 2018 | $2.7M | $2.0M | $3.7M | $196K | — | View 990 |
| 2017 | $2.4M | $1.7M | $3.0M | $195K | — | View 990 |
| 2016 | $1.8M | $1.4M | $2.3M | $195K | — | View 990 |
| 2015 | $1.8M | $1.4M | $1.9M | $195K | — | View 990 |
| 2014 | $1.6M | $1.4M | $1.6M | $195K | — | View 990 |
| 2013 | $1.6M | $1.4M | $1.4M | $184K | — | View 990 |
| 2012 | $1.4M | $1.3M | $1.2M | $175K | — | View 990 |
| 2011 | $1.2M | $1.6M | $1.1M | $195K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.2M, and assets of $6.2M (revenue +17.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.2M, and assets of $5.5M (revenue -13.3% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.2M, and assets of $5.0M (revenue -3.0% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.6M, and assets of $4.4M (revenue -4.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $3.8M (revenue -20.0% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.0M, and assets of $3.7M (revenue +12.2% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.7M, and assets of $3.0M (revenue +34.0% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.4M, and assets of $2.3M (revenue +1.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.4M, and assets of $1.9M (revenue +10.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue -1.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $1.4M (revenue +12.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue +16.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.6M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Service Professionals Independent Union Local 726:
Data Sources and Methodology
This transparency report for Service Professionals Independent Union Local 726 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.