Transport Workers Union Of America
Transport Workers Union Of America: Stable Finances, High Program Spending
EIN: 221408277 · Hoboken, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $239K |
| Total Expenses | $192K |
| Program Spending | 85% |
| Net Assets | $88K |
| Transparency Score | 75/100 |
Is Transport Workers Union Of America Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Transport Workers Union Of America directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Transport Workers Union Of America
Transport Workers Union Of America (EIN: 221408277) is a nonprofit organization based in Hoboken, NJ. The organization reported total revenue of $239K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transport Workers Union Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transport Workers Union Of America is a small nonprofit that has been operating for 69 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $192K |
| Surplus / Deficit | +$14K |
| Total Assets | $108K |
| Total Liabilities | $20K |
| Net Assets | $88K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 18.5% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Transport Workers Union Of America reported a surplus of $14K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 18.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Transport Workers Union Of America's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.3% | +15.1% | +14.3% |
| 2022 | -14.9% | -15.4% | +164.0% |
| 2021 | +52.7% | +3.2% | +13.4% |
| 2020 | -35.2% | -25.6% | -50.8% |
| 2019 | +40.4% | +35.5% | +81.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1957 |
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 Transport Workers Union Of America with a Mission Score of 75 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: 85%
- fundraising: 5%
According to IRS 990 filings, Transport Workers Union Of America allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.5%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment.
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 Transport Workers Union Of America:
- Consistent high percentage of spending on programs, indicating a strong focus on mission delivery.
- Healthy asset base and positive net income in recent years, suggesting financial stability.
- Low administrative and fundraising costs, maximizing resources for core activities.
Frequently Asked Questions about Transport Workers Union Of America
Is Transport Workers Union Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Transport Workers Union Of America (EIN: 221408277) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Transport Workers Union Of America spend its money?
Transport Workers Union Of America directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Transport Workers Union Of America tax-deductible?
Transport Workers Union Of America is registered as a tax-exempt nonprofit (EIN: 221408277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Transport Workers Union Of America's spending goes to programs?
Transport Workers Union Of America directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Transport Workers Union Of America located?
Transport Workers Union Of America is headquartered in Hoboken, New Jersey and files with the IRS under EIN 221408277.
How many years of IRS 990 filings does Transport Workers Union Of America have?
Transport Workers Union Of America has 12 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 $239K in total revenue.
What does Transport Workers Union Of America do?
Transport Workers Union Of America is a nonprofit organization in the Unknown sector, located in Hoboken, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Transport Workers Union Of America have?
Transport Workers Union Of America reported total revenue of $239,335. Based on 12 IRS 990 filings on record.
What are Transport Workers Union Of America's total assets?
Transport Workers Union Of America holds total assets of $134,202 as reported in IRS 990 filings.
Where is Transport Workers Union Of America located?
Transport Workers Union Of America is based in Hoboken, New Jersey.
What is Transport Workers Union Of America's EIN?
Transport Workers Union Of America's Employer Identification Number (EIN) is 221408277. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Transport Workers Union Of America?
Transport Workers Union Of America is classified under NTEE code Unknown (Unknown).
Is Transport Workers Union Of America a registered 501(c)(3)?
Transport Workers Union Of America appears in IRS records (EIN: 221408277). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Transport Workers Union Of America file IRS Form 990?
Yes, Transport Workers Union Of America has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Transport Workers Union Of America's revenue in 2023?
In the 202312 filing period, Transport Workers Union Of America reported total revenue of $206,405, total expenses of $192,208, and net assets of $108,291.
Is Transport Workers Union Of America's revenue growing or declining?
Transport Workers Union Of America's revenue is declining. Revenue went from $222,770 (202212) to $206,405 (202312), a -7.3% change. Based on 12 filings on record.
What is Transport Workers Union Of America's most recent 990 filing?
The most recent IRS Form 990 filing for Transport Workers Union Of America covers tax period 202312. It shows revenue of $206,405, expenses of $192,208, total assets of $108,291, and liabilities of $20,003.
How much does Transport Workers Union Of America spend on programs vs administration?
Based on IRS 990 analysis, Transport Workers Union Of America allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Transport Workers Union Of America a trustworthy charity?
Based on AI analysis of IRS 990 data, Transport Workers Union Of America appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Transport Workers Union Of America's strengths?
Positive indicators for Transport Workers Union Of America include: Consistent high percentage of spending on programs, indicating a strong focus on mission delivery.. Healthy asset base and positive net income in recent years, suggesting financial stability.. Low administrative and fundraising costs, maximizing resources for core activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Transport Workers Union Of America compensate executives?
Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Transport Workers Union Of America?
- The organization consistently reports 0% lobbying expenses across all available filings. - Financial statements show a healthy asset base, with $108,291 in assets reported in 2023. - Revenue has fluctuated but remained robust, with $206,405 in 2023. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the consistent 0% lobbying expense reported impact the perception of the organization's advocacy efforts?
While 0% lobbying expense suggests no direct lobbying, it doesn't preclude other forms of advocacy or member education that align with their mission, which would be categorized under program expenses.
Filing History
IRS 990 filing history for Transport Workers Union Of America showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Transport Workers Union Of America's revenue has declined by 51.2%, moving from $423K to $206K. Total assets increased by 17.5% over the same period, from $92K to $108K. Total functional expenses fell by 47.5%, from $366K to $192K. In its most recent filing year (2023), Transport Workers Union Of America reported a surplus of $14K, with revenue exceeding expenses. The organization holds $20K in liabilities against $108K in assets (debt-to-asset ratio: 18.5%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $192K | $108K | $20K | — | — |
| 2022 | $223K | $167K | $95K | $21K | — | View 990 |
| 2021 | $262K | $197K | $36K | $18K | — | View 990 |
| 2020 | $171K | $191K | $32K | $80K | — | View 990 |
| 2019 | $264K | $257K | $64K | $90K | — | — |
| 2018 | $188K | $190K | $35K | $77K | — | View 990 |
| 2017 | $195K | $198K | $33K | $73K | — | View 990 |
| 2016 | $318K | $353K | $49K | $86K | — | View 990 |
| 2015 | $256K | $401K | $74K | $77K | — | View 990 |
| 2014 | $337K | $255K | $190K | $48K | — | View 990 |
| 2013 | $408K | $353K | $118K | $57K | — | View 990 |
| 2011 | $423K | $366K | $92K | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $192K, and assets of $108K (revenue -7.3% year-over-year).
- 2022: Revenue of $223K, expenses of $167K, and assets of $95K (revenue -14.9% year-over-year).
- 2021: Revenue of $262K, expenses of $197K, and assets of $36K (revenue +52.7% year-over-year).
- 2020: Revenue of $171K, expenses of $191K, and assets of $32K (revenue -35.2% year-over-year).
- 2019: Revenue of $264K, expenses of $257K, and assets of $64K (revenue +40.4% year-over-year).
- 2018: Revenue of $188K, expenses of $190K, and assets of $35K (revenue -3.3% year-over-year).
- 2017: Revenue of $195K, expenses of $198K, and assets of $33K (revenue -38.9% year-over-year).
- 2016: Revenue of $318K, expenses of $353K, and assets of $49K (revenue +24.5% year-over-year).
- 2015: Revenue of $256K, expenses of $401K, and assets of $74K (revenue -24.0% year-over-year).
- 2014: Revenue of $337K, expenses of $255K, and assets of $190K (revenue -17.6% year-over-year).
- 2013: Revenue of $408K, expenses of $353K, and assets of $118K (revenue -3.5% year-over-year).
- 2011: Revenue of $423K, expenses of $366K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transport Workers Union Of America:
Data Sources and Methodology
This transparency report for Transport Workers Union Of America 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.