Spfpa And Participating Employershealth And Welfare Trust Fund
Health and Welfare Trust Fund consistently reports zero officer compensation amidst fluctuating revenues and expenses.
EIN: 208987948 · Roseville, MI · NTEE: Y43 · Updated: 2026-03-28
Is Spfpa And Participating Employershealth And Welfare Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spfpa And Participating Employershealth And Welfare Trust Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spfpa And Participating Employershealth And Welfare Trust Fund
Spfpa And Participating Employershealth And Welfare Trust Fund (EIN: 208987948) is a nonprofit organization based in Roseville, MI, classified under NTEE code Y43. The organization reported total revenue of $41.0M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spfpa And Participating Employershealth And Welfare Trust Fund'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 Spfpa And Participating Employershealth And Welfare Trust Fund with a Mission Score of 85 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Spfpa And Participating Employershealth And Welfare Trust Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers are compensated directly from the trust, which is highly favorable for a nonprofit of this size and mission.
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 Spfpa And Participating Employershealth And Welfare Trust Fund's IRS 990 filings:
- Periods where expenses significantly exceeded revenue, potentially drawing down reserves (e.g., 2021, 2020)
- Fluctuating asset base, with a notable drop from $30,426,455 in 2017 to $7,263,411 in 2021.
Strengths
The following positive indicators were identified for Spfpa And Participating Employershealth And Welfare Trust Fund:
- Consistent 0% officer compensation, indicating high financial integrity and mission focus.
- Long operational history with substantial revenue and expenses, suggesting stability and impact.
- High program spending ratio, typical for a health and welfare trust.
- Significant revenue generation, with latest reported revenue at $52,095,286.
Frequently Asked Questions about Spfpa And Participating Employershealth And Welfare Trust Fund
Is Spfpa And Participating Employershealth And Welfare Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Spfpa And Participating Employershealth And Welfare Trust Fund (EIN: 208987948) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Spfpa And Participating Employershealth And Welfare Trust Fund spend its money?
Spfpa And Participating Employershealth And Welfare Trust Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spfpa And Participating Employershealth And Welfare Trust Fund tax-deductible?
Spfpa And Participating Employershealth And Welfare Trust Fund is registered as a tax-exempt nonprofit (EIN: 208987948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Spfpa And Participating Employershealth And Welfare Trust Fund a good charity?
Based on the available IRS 990 data, the organization demonstrates strong financial transparency with 0% officer compensation and a clear focus on its program services, which are typical for a health and welfare trust. Its consistent operation over many years with significant revenue and expenses suggests it effectively serves its beneficiaries.
How does the organization manage its liabilities?
Liabilities have varied significantly, from a low of $5,900,000 in 2023 to a high of $14,630,032 in 2017. While these fluctuations are common for trusts managing benefits, the organization has generally maintained a healthy asset-to-liability ratio, though there were periods like 2022 where liabilities ($12,798,338) exceeded assets ($7,444,651).
What caused the periods where expenses exceeded revenue?
The filings show several periods where expenses surpassed revenue, for example, in 2021 ($51,208,819 expenses vs. $44,743,283 revenue) and 2020 ($67,037,171 expenses vs. $59,724,670 revenue). This could be due to increased benefit payouts, unexpected medical costs, or strategic use of accumulated reserves to cover beneficiary needs during those specific periods.
Filing History
IRS 990 filing history for Spfpa And Participating Employershealth And Welfare Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spfpa And Participating Employershealth And Welfare Trust Fund's revenue has grown by 44.7%, moving from $36.0M to $52.1M. Total assets increased by 52.9% over the same period, from $6.5M to $10.0M. Total functional expenses rose by 27.4%, from $33.5M to $42.7M. In its most recent filing year (2023), Spfpa And Participating Employershealth And Welfare Trust Fund reported a surplus of $9.4M, with revenue exceeding expenses. The organization holds $5.9M in liabilities against $10.0M in assets (debt-to-asset ratio: 59.1%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $52.1M | $42.7M | $10.0M | $5.9M | — | View 990 |
| 2022 | $52.9M | $52.9M | $7.4M | $12.8M | — | View 990 |
| 2021 | $44.7M | $51.2M | $7.3M | $12.6M | — | — |
| 2020 | $59.7M | $67.0M | $12.0M | $9.3M | — | — |
| 2019 | $62.2M | $64.7M | $19.1M | $9.1M | — | View 990 |
| 2018 | $63.7M | $66.2M | $20.5M | $8.0M | — | View 990 |
| 2017 | $60.0M | $58.5M | $30.4M | $14.6M | — | View 990 |
| 2016 | $60.0M | $57.5M | $21.7M | $7.4M | — | View 990 |
| 2015 | $60.0M | $57.7M | $17.8M | $6.1M | — | View 990 |
| 2014 | $66.5M | $62.9M | $18.4M | $9.0M | — | View 990 |
| 2013 | $46.8M | $45.9M | $10.3M | $4.5M | — | View 990 |
| 2012 | $44.2M | $42.1M | $8.4M | $3.5M | — | View 990 |
| 2011 | $36.0M | $33.5M | $6.5M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52.1M, expenses of $42.7M, and assets of $10.0M (revenue -1.4% year-over-year).
- 2022: Revenue of $52.9M, expenses of $52.9M, and assets of $7.4M (revenue +18.1% year-over-year).
- 2021: Revenue of $44.7M, expenses of $51.2M, and assets of $7.3M (revenue -25.1% year-over-year).
- 2020: Revenue of $59.7M, expenses of $67.0M, and assets of $12.0M (revenue -4.0% year-over-year).
- 2019: Revenue of $62.2M, expenses of $64.7M, and assets of $19.1M (revenue -2.4% year-over-year).
- 2018: Revenue of $63.7M, expenses of $66.2M, and assets of $20.5M (revenue +6.3% year-over-year).
- 2017: Revenue of $60.0M, expenses of $58.5M, and assets of $30.4M (revenue -0.1% year-over-year).
- 2016: Revenue of $60.0M, expenses of $57.5M, and assets of $21.7M (revenue +0.1% year-over-year).
- 2015: Revenue of $60.0M, expenses of $57.7M, and assets of $17.8M (revenue -9.8% year-over-year).
- 2014: Revenue of $66.5M, expenses of $62.9M, and assets of $18.4M (revenue +42.1% year-over-year).
- 2013: Revenue of $46.8M, expenses of $45.9M, and assets of $10.3M (revenue +6.0% year-over-year).
- 2012: Revenue of $44.2M, expenses of $42.1M, and assets of $8.4M (revenue +22.6% year-over-year).
- 2011: Revenue of $36.0M, expenses of $33.5M, and assets of $6.5M.
Data Sources and Methodology
This transparency report for Spfpa And Participating Employershealth And Welfare Trust 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.