South Bergen Region Vii Workers Compensation Pool
South Bergen Region VII Workers Compensation Pool: Stable Finances, Limited Public Information
EIN: 222470958 · Rutherford, NJ · Updated: 2026-04-04
About South Bergen Region Vii Workers Compensation Pool
South Bergen Region Vii Workers Compensation Pool (EIN: 222470958) is a nonprofit organization based in Rutherford, NJ. The organization reported total revenue of $2.2M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Bergen Region Vii Workers Compensation Pool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Bergen Region Vii Workers Compensation Pool with a Mission Score of 60 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, South Bergen Region Vii Workers Compensation Pool allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation information is not disclosed in the provided financial data, making a direct assessment impossible.
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 South Bergen Region Vii Workers Compensation Pool's IRS 990 filings:
- Lack of detailed programmatic information makes it difficult to assess direct impact.
- No executive compensation details are available in the provided data.
- The organization's nature as a workers' compensation pool suggests a focus on administrative functions rather than traditional charitable programs, which may not align with typical nonprofit evaluation metrics.
Strengths
The following positive indicators were identified for South Bergen Region Vii Workers Compensation Pool:
- Consistent revenue and asset base over several years, indicating financial stability.
- Low liability-to-asset ratio, suggesting good financial health.
- The organization appears to effectively manage its core function as a workers' compensation pool.
Frequently Asked Questions about South Bergen Region Vii Workers Compensation Pool
What does South Bergen Region Vii Workers Compensation Pool do?
South Bergen Region Vii Workers Compensation Pool is a nonprofit organization in the Unknown sector, located in Rutherford, New Jersey. It is classified under NTEE code Unknown.
How much revenue does South Bergen Region Vii Workers Compensation Pool have?
South Bergen Region Vii Workers Compensation Pool reported total revenue of $2,195,834. Based on 10 IRS 990 filings on record.
What are South Bergen Region Vii Workers Compensation Pool's total assets?
South Bergen Region Vii Workers Compensation Pool holds total assets of $14,818,446 as reported in IRS 990 filings.
Where is South Bergen Region Vii Workers Compensation Pool located?
South Bergen Region Vii Workers Compensation Pool is based in Rutherford, New Jersey.
What is South Bergen Region Vii Workers Compensation Pool's EIN?
South Bergen Region Vii Workers Compensation Pool's Employer Identification Number (EIN) is 222470958. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is South Bergen Region Vii Workers Compensation Pool?
South Bergen Region Vii Workers Compensation Pool is classified under NTEE code Unknown (Unknown).
Is South Bergen Region Vii Workers Compensation Pool a registered 501(c)(3)?
South Bergen Region Vii Workers Compensation Pool appears in IRS records (EIN: 222470958). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does South Bergen Region Vii Workers Compensation Pool file IRS Form 990?
Yes, South Bergen Region Vii Workers Compensation Pool has 10 IRS Form 990 filings on record. The most recent covers tax period 202006.
What was South Bergen Region Vii Workers Compensation Pool's revenue in 2020?
In the 202006 filing period, South Bergen Region Vii Workers Compensation Pool reported total revenue of $2,195,834, total expenses of $1,122,415, and net assets of $14,818,446.
Is South Bergen Region Vii Workers Compensation Pool's revenue growing or declining?
South Bergen Region Vii Workers Compensation Pool's revenue is relatively stable. Revenue went from $2,271,988 (201906) to $2,195,834 (202006), a -3.4% change. Based on 10 filings on record.
What is South Bergen Region Vii Workers Compensation Pool's most recent 990 filing?
The most recent IRS Form 990 filing for South Bergen Region Vii Workers Compensation Pool covers tax period 202006. It shows revenue of $2,195,834, expenses of $1,122,415, total assets of $14,818,446, and liabilities of $6,670,024.
Is South Bergen Region Vii Workers Compensation Pool a trustworthy charity?
Based on AI analysis of IRS 990 data, South Bergen Region Vii Workers Compensation Pool shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for South Bergen Region Vii Workers Compensation Pool?
The following concerns were identified: Lack of detailed programmatic information makes it difficult to assess direct impact.. No executive compensation details are available in the provided data.. The organization's nature as a workers' compensation pool suggests a focus on administrative functions rather than traditional charitable programs, which may not align with typical nonprofit evaluation metrics.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are South Bergen Region Vii Workers Compensation Pool's strengths?
Positive indicators for South Bergen Region Vii Workers Compensation Pool include: Consistent revenue and asset base over several years, indicating financial stability.. Low liability-to-asset ratio, suggesting good financial health.. The organization appears to effectively manage its core function as a workers' compensation pool.. These findings are derived from AI analysis of the organization's financial filings.
How does South Bergen Region Vii Workers Compensation Pool compensate executives?
Executive compensation information is not disclosed in the provided financial data, making a direct assessment impossible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given its nature as a workers' compensation pool, how does this organization's 'programmatic spending' differ from a traditional charity, and what implications does this have for evaluation?
As a workers' compensation pool, its 'programs' are likely administrative functions related to managing claims, risk, and member services, rather than direct charitable services. This means traditional metrics like 'program expense ratio' may not be directly comparable or as relevant as for other nonprofits, requiring a different lens for evaluation focused on efficiency and effectiveness in its specific operational domain.
Filing History
IRS 990 filing history for South Bergen Region Vii Workers Compensation Pool showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), South Bergen Region Vii Workers Compensation Pool's revenue has grown by 15.1%, moving from $1.9M to $2.2M. Total assets increased by 41.3% over the same period, from $10.5M to $14.8M. Total functional expenses fell by 61.2%, from $2.9M to $1.1M. In its most recent filing year (2020), South Bergen Region Vii Workers Compensation Pool reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $14.8M in assets (debt-to-asset ratio: 45.0%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $2.2M | $1.1M | $14.8M | $6.7M | — | View 990 |
| 2019 | $2.3M | $1.4M | $14.0M | $6.9M | — | View 990 |
| 2018 | $2.1M | $1.2M | $13.2M | $7.0M | — | View 990 |
| 2017 | $1.9M | $2.0M | $12.8M | $7.4M | — | View 990 |
| 2016 | $2.0M | $1.2M | $12.7M | $7.2M | — | View 990 |
| 2015 | $2.4M | $1.8M | $12.3M | $7.6M | — | View 990 |
| 2014 | $2.2M | $1.8M | $11.5M | $7.4M | — | View 990 |
| 2013 | $2.5M | $2.7M | $11.1M | $7.3M | — | View 990 |
| 2012 | $1.9M | $1.8M | $10.7M | $6.8M | — | View 990 |
| 2011 | $1.9M | $2.9M | $10.5M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.2M, expenses of $1.1M, and assets of $14.8M (revenue -3.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.4M, and assets of $14.0M (revenue +9.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.2M, and assets of $13.2M (revenue +8.7% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $12.8M (revenue -5.4% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.2M, and assets of $12.7M (revenue -14.6% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.8M, and assets of $12.3M (revenue +8.7% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.8M, and assets of $11.5M (revenue -11.6% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.7M, and assets of $11.1M (revenue +31.5% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $10.7M (revenue -2.1% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.9M, and assets of $10.5M.
Data Sources and Methodology
This transparency report for South Bergen Region Vii Workers Compensation Pool 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.