Steamfitters Industry Vacation Plan

Steamfitters Industry Vacation Plan consistently disburses nearly all revenue with zero officer compensation.

EIN: 136149682 · Long Island City, NY · Updated: 2026-03-28

$28.2MRevenue
$9.3MAssets
90/100Mission Score (Excellent)
Steamfitters Industry Vacation Plan Financial Summary
MetricValue
Total Revenue$28.2M
Total Expenses$24.6M
Program Spending99%
Net Assets$307K
Transparency Score90/100

Search Intent Cockpit

Steamfitters Industry Vacation Plan Form 990, Revenue, CEO Pay, and IRS Filing Signals

Steamfitters Industry Vacation Plan is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Steamfitters Industry Vacation Plan in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $24.7M and expenses of $24.6M.

Revenue and Expenses

Steamfitters Industry Vacation Plan reported $24.7M in revenue and $24.6M in expenses, a surplus of $91K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Steamfitters Industry Vacation Plan Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
99%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Steamfitters Industry Vacation Plan Expense Deployment
Program services$24.4M (99%)

Across stored filings, Steamfitters Industry Vacation Plan shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Steamfitters Industry Vacation Plan Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend99% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

Trust Check

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Peer Benchmark

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Local and Sector Spokes

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Follow the Money

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Donation Decision Flow

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1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

99% of spending goes to programs.

3

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Steamfitters Industry Vacation Plan directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Steamfitters Industry Vacation Plan

Steamfitters Industry Vacation Plan (EIN: 136149682) is a nonprofit organization based in Long Island City, NY. The organization reported total revenue of $28.2M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steamfitters Industry Vacation Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

61Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Steamfitters Industry Vacation Plan is a large nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$24.7M
Total Expenses$24.6M
Surplus / Deficit+$91K
Total Assets$8.0M
Total Liabilities$7.7M
Net Assets$307K
Operating Margin0.4%
Debt-to-Asset Ratio96.2%
Months of Reserves3.9 months

Financial Health Grade: A

In 2023, Steamfitters Industry Vacation Plan reported a surplus of $91K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 96.2% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Steamfitters Industry Vacation Plan's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.8%+2.2%+7.0%
2022-5.8%-6.8%-7.6%
2021+1.5%+1.6%-8.8%
2020-21.5%-21.5%-9.6%
2019-2.0%-1.7%-5.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1965

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Steamfitters Industry Vacation Plan appears to be a well-managed organization with consistent financial activity over the past decade. Its revenue and expenses have remained relatively stable, hovering around $25-33 million annually, indicating a predictable operational scale. The organization consistently reports zero officer compensation, which is a significant positive for transparency and efficient use of funds, as it suggests that administrative costs are not inflated by high executive salaries. While the NTEE code is unknown, the name suggests it's a benefit plan, which typically has different spending profiles than traditional charities. The organization's assets have generally fluctuated in line with its liabilities, maintaining a healthy but not excessively large reserve, which is typical for a plan of this nature. The consistent near-zero net income or slight deficits/surpluses each year (e.g., 202312: Revenue $24,715,962, Expenses $24,624,617) suggest that funds are primarily disbursed to beneficiaries rather than accumulated, aligning with the purpose of a vacation plan.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Steamfitters Industry Vacation Plan 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: 1%
  • programs: 99%
  • fundraising: 0%

According to IRS 990 filings, Steamfitters Industry Vacation Plan allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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:

$24.7MTotal Revenue
$24.6MTotal Expenses
$8.0MTotal Assets
$7.7MTotal Liabilities
$307KNet Assets
  • The organization reported a surplus of $91K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 96.2%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual and suggests a very lean administrative structure or that compensation is handled through a related entity.

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 Steamfitters Industry Vacation Plan's IRS 990 filings:

  • NTEE code is unknown, making direct comparison to similar organizations difficult.

Strengths

The following positive indicators were identified for Steamfitters Industry Vacation Plan:

  • Consistent financial operations with stable revenue and expenses over a decade.
  • Zero reported officer compensation, indicating highly efficient use of funds for its stated purpose.
  • High program spending ratio, as nearly all expenses are likely direct benefit disbursements.
  • Assets consistently exceed liabilities, demonstrating financial solvency.

Frequently Asked Questions about Steamfitters Industry Vacation Plan

Is Steamfitters Industry Vacation Plan a legitimate charity?

Steamfitters Industry Vacation Plan (EIN: 136149682) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Steamfitters Industry Vacation Plan spend its money?

Steamfitters Industry Vacation Plan directs 99% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Steamfitters Industry Vacation Plan tax-deductible?

Steamfitters Industry Vacation Plan is registered as a tax-exempt nonprofit (EIN: 136149682). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Steamfitters Industry Vacation Plan located?

Steamfitters Industry Vacation Plan is headquartered in Long Island City, New York and files with the IRS under EIN 136149682.

How many years of IRS 990 filings does Steamfitters Industry Vacation Plan have?

Steamfitters Industry Vacation Plan 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 $28.2M in total revenue.

What is the primary purpose of the Steamfitters Industry Vacation Plan?

Based on its name and financial activity, it is likely a trust or fund established to provide vacation benefits to members of the Steamfitters industry, disbursing funds to beneficiaries rather than engaging in traditional charitable programs.

How does the organization manage to have 0% officer compensation?

This could be due to several reasons: officers may be compensated by a related union or entity, they may be volunteers, or the plan's administrative functions are outsourced or managed by staff whose compensation is categorized differently within the expenses.

Is the organization financially stable given its near-zero net income?

Yes, for a vacation plan, near-zero net income is often a sign of efficient operation, meaning that most of the incoming funds are being distributed to beneficiaries as intended, rather than accumulating large surpluses. Its assets consistently cover liabilities.

Filing History

IRS 990 filing history for Steamfitters Industry Vacation Plan showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Steamfitters Industry Vacation Plan's revenue has grown by 19.8%, moving from $20.6M to $24.7M. Total assets increased by 24.8% over the same period, from $6.4M to $8.0M. Total functional expenses rose by 18.5%, from $20.8M to $24.6M. In its most recent filing year (2023), Steamfitters Industry Vacation Plan reported a surplus of $91K, with revenue exceeding expenses. The organization holds $7.7M in liabilities against $8.0M in assets (debt-to-asset ratio: 96.2%), resulting in net assets of $307K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $24.7M $24.6M $8.0M $7.7M
2022 $24.3M $24.1M $7.5M $7.3M View 990
2021 $25.8M $25.9M $8.1M $8.1M View 990
2020 $25.4M $25.5M $8.9M $8.8M
2019 $32.4M $32.4M $9.8M $9.7M View 990
2018 $33.0M $33.0M $10.5M $10.3M View 990
2017 $30.1M $30.1M $9.4M $9.3M View 990
2016 $29.6M $29.5M $9.4M $9.2M View 990
2015 $26.6M $26.7M $8.5M $8.5M View 990
2014 $24.6M $24.7M $8.0M $7.9M View 990
2013 $23.9M $23.7M $7.5M $7.3M View 990
2012 $24.3M $24.3M $7.9M $7.8M View 990
2011 $20.6M $20.8M $6.4M $6.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $24.7M, expenses of $24.6M, and assets of $8.0M (revenue +1.8% year-over-year).
  • 2022: Revenue of $24.3M, expenses of $24.1M, and assets of $7.5M (revenue -5.8% year-over-year).
  • 2021: Revenue of $25.8M, expenses of $25.9M, and assets of $8.1M (revenue +1.5% year-over-year).
  • 2020: Revenue of $25.4M, expenses of $25.5M, and assets of $8.9M (revenue -21.5% year-over-year).
  • 2019: Revenue of $32.4M, expenses of $32.4M, and assets of $9.8M (revenue -2.0% year-over-year).
  • 2018: Revenue of $33.0M, expenses of $33.0M, and assets of $10.5M (revenue +9.6% year-over-year).
  • 2017: Revenue of $30.1M, expenses of $30.1M, and assets of $9.4M (revenue +1.8% year-over-year).
  • 2016: Revenue of $29.6M, expenses of $29.5M, and assets of $9.4M (revenue +11.1% year-over-year).
  • 2015: Revenue of $26.6M, expenses of $26.7M, and assets of $8.5M (revenue +8.1% year-over-year).
  • 2014: Revenue of $24.6M, expenses of $24.7M, and assets of $8.0M (revenue +3.2% year-over-year).
  • 2013: Revenue of $23.9M, expenses of $23.7M, and assets of $7.5M (revenue -1.6% year-over-year).
  • 2012: Revenue of $24.3M, expenses of $24.3M, and assets of $7.9M (revenue +17.5% year-over-year).
  • 2011: Revenue of $20.6M, expenses of $20.8M, and assets of $6.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Steamfitters Industry Vacation Plan:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Steamfitters Industry Vacation Plan 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.

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