Teamsters Local Union 676 Employers Vacation Fund
Teamsters Local 676 Vacation Fund: Consistent Operations, Minimal Transparency
EIN: 222897974 · Collingswood, NJ · NTEE: J40 · Updated: 2026-04-04
Is Teamsters Local Union 676 Employers Vacation Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Teamsters Local Union 676 Employers Vacation Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Teamsters Local Union 676 Employers Vacation Fund
Teamsters Local Union 676 Employers Vacation Fund (EIN: 222897974) is a nonprofit organization based in Collingswood, NJ, classified under NTEE code J40. The organization reported total revenue of $550K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teamsters Local Union 676 Employers Vacation 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 Teamsters Local Union 676 Employers Vacation Fund with a Mission Score of 70 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Teamsters Local Union 676 Employers Vacation Fund 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.
Executive Compensation Analysis
Executive compensation is not reported on the Form 990-EZ, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation from the organization or related organizations.
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 Teamsters Local Union 676 Employers Vacation Fund's IRS 990 filings:
- Lack of detailed program reporting makes it difficult to assess direct impact.
- Minimal public information beyond basic financial filings.
Strengths
The following positive indicators were identified for Teamsters Local Union 676 Employers Vacation Fund:
- Consistent revenue and expense reporting over multiple years.
- Low administrative and fundraising overhead, suggesting efficient use of funds for its stated purpose.
- Stable asset base, indicating financial prudence.
Frequently Asked Questions about Teamsters Local Union 676 Employers Vacation Fund
Is Teamsters Local Union 676 Employers Vacation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Teamsters Local Union 676 Employers Vacation Fund (EIN: 222897974) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Teamsters Local Union 676 Employers Vacation Fund spend its money?
Teamsters Local Union 676 Employers Vacation Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Teamsters Local Union 676 Employers Vacation Fund tax-deductible?
Teamsters Local Union 676 Employers Vacation Fund is registered as a tax-exempt nonprofit (EIN: 222897974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Teamsters Local Union 676 Employers Vacation Fund do?
Teamsters Local Union 676 Employers Vacation Fund is a nonprofit organization in the Employment sector, located in Collingswood, New Jersey. It is classified under NTEE code J40.
How much revenue does Teamsters Local Union 676 Employers Vacation Fund have?
Teamsters Local Union 676 Employers Vacation Fund reported total revenue of $549,839. Based on 13 IRS 990 filings on record.
What are Teamsters Local Union 676 Employers Vacation Fund's total assets?
Teamsters Local Union 676 Employers Vacation Fund holds total assets of $120,621 as reported in IRS 990 filings.
Where is Teamsters Local Union 676 Employers Vacation Fund located?
Teamsters Local Union 676 Employers Vacation Fund is based in Collingswood, New Jersey.
What is Teamsters Local Union 676 Employers Vacation Fund's EIN?
Teamsters Local Union 676 Employers Vacation Fund's Employer Identification Number (EIN) is 222897974. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Teamsters Local Union 676 Employers Vacation Fund?
Teamsters Local Union 676 Employers Vacation Fund is classified under NTEE code J40 (Employment).
Is Teamsters Local Union 676 Employers Vacation Fund a registered 501(c)(3)?
Yes, Teamsters Local Union 676 Employers Vacation Fund is recognized as a tax-exempt organization by the IRS. EIN: 222897974.
Does Teamsters Local Union 676 Employers Vacation Fund file IRS Form 990?
Yes, Teamsters Local Union 676 Employers Vacation Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Teamsters Local Union 676 Employers Vacation Fund's revenue in 2023?
In the 202312 filing period, Teamsters Local Union 676 Employers Vacation Fund reported total revenue of $470,662, total expenses of $472,240, and net assets of $86,334.
Is Teamsters Local Union 676 Employers Vacation Fund's revenue growing or declining?
Teamsters Local Union 676 Employers Vacation Fund's revenue is growing. Revenue went from $440,831 (202212) to $470,662 (202312), a +6.8% change. Based on 13 filings on record.
What is Teamsters Local Union 676 Employers Vacation Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Teamsters Local Union 676 Employers Vacation Fund covers tax period 202312. It shows revenue of $470,662, expenses of $472,240, total assets of $86,334, and liabilities of N/A.
How much does Teamsters Local Union 676 Employers Vacation Fund spend on programs vs administration?
Based on IRS 990 analysis, Teamsters Local Union 676 Employers Vacation Fund allocates approximately 90% of expenses to program services, 10% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Teamsters Local Union 676 Employers Vacation Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Teamsters Local Union 676 Employers Vacation Fund appears trustworthy. Mission Score: 70/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Teamsters Local Union 676 Employers Vacation Fund?
The following concerns were identified: Lack of detailed program reporting makes it difficult to assess direct impact.. Minimal public information beyond basic financial filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Teamsters Local Union 676 Employers Vacation Fund's strengths?
Positive indicators for Teamsters Local Union 676 Employers Vacation Fund include: Consistent revenue and expense reporting over multiple years.. Low administrative and fundraising overhead, suggesting efficient use of funds for its stated purpose.. Stable asset base, indicating financial prudence.. These findings are derived from AI analysis of the organization's financial filings.
How does Teamsters Local Union 676 Employers Vacation Fund compensate executives?
Executive compensation is not reported on the Form 990-EZ, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation from the organization or related organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Vacation Fund' designation, how are the funds specifically distributed to beneficiaries, and what criteria are used for eligibility?
The available filings (Form 990-EZ) do not provide specific details on the distribution mechanisms or eligibility criteria for the vacation benefits. This information would typically be found in plan documents or more detailed operational reports, which are not publicly accessible through these filings.
Filing History
IRS 990 filing history for Teamsters Local Union 676 Employers Vacation Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Teamsters Local Union 676 Employers Vacation Fund's revenue has grown by 28.9%, moving from $365K to $471K. Total assets increased by 8.2% over the same period, from $80K to $86K. Total functional expenses rose by 26.3%, from $374K to $472K. In its most recent filing year (2023), Teamsters Local Union 676 Employers Vacation Fund reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $471K | $472K | $86K | $0 | — | — |
| 2022 | $441K | $428K | $88K | $0 | — | View 990 |
| 2021 | $429K | $421K | $75K | $0 | — | View 990 |
| 2020 | $416K | $436K | $67K | $0 | — | — |
| 2019 | $391K | $379K | $87K | $0 | — | View 990 |
| 2018 | $392K | $407K | $100K | $25K | — | View 990 |
| 2017 | $426K | $418K | $90K | $20 | — | View 990 |
| 2016 | $449K | $453K | $82K | $0 | — | View 990 |
| 2015 | $477K | $461K | $146K | $60K | — | View 990 |
| 2014 | $382K | $387K | $70K | $0 | — | View 990 |
| 2013 | $415K | $410K | $76K | $0 | — | View 990 |
| 2012 | $376K | $385K | $71K | $0 | — | View 990 |
| 2011 | $365K | $374K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $471K, expenses of $472K, and assets of $86K (revenue +6.8% year-over-year).
- 2022: Revenue of $441K, expenses of $428K, and assets of $88K (revenue +2.8% year-over-year).
- 2021: Revenue of $429K, expenses of $421K, and assets of $75K (revenue +3.0% year-over-year).
- 2020: Revenue of $416K, expenses of $436K, and assets of $67K (revenue +6.4% year-over-year).
- 2019: Revenue of $391K, expenses of $379K, and assets of $87K (revenue -0.1% year-over-year).
- 2018: Revenue of $392K, expenses of $407K, and assets of $100K (revenue -8.1% year-over-year).
- 2017: Revenue of $426K, expenses of $418K, and assets of $90K (revenue -5.0% year-over-year).
- 2016: Revenue of $449K, expenses of $453K, and assets of $82K (revenue -5.9% year-over-year).
- 2015: Revenue of $477K, expenses of $461K, and assets of $146K (revenue +25.0% year-over-year).
- 2014: Revenue of $382K, expenses of $387K, and assets of $70K (revenue -8.1% year-over-year).
- 2013: Revenue of $415K, expenses of $410K, and assets of $76K (revenue +10.4% year-over-year).
- 2012: Revenue of $376K, expenses of $385K, and assets of $71K (revenue +3.0% year-over-year).
- 2011: Revenue of $365K, expenses of $374K, and assets of $80K.
Data Sources and Methodology
This transparency report for Teamsters Local Union 676 Employers Vacation 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.