Ufcw Unions & Partcipating Employers Health And Welfare Fund
Ufcw Unions & Partcipating Employers Health And Welfare Fund consistently manages substantial assets and revenue with no reported officer compensation.
EIN: 10749311 · Mount Laurel, NJ · NTEE: Y43 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $53.2M |
| Total Expenses | $47.2M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $37.4M |
| Transparency Score | 90/100 |
Is Ufcw Unions & Partcipating Employers Health And Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ufcw Unions & Partcipating Employers Health And Welfare Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ufcw Unions & Partcipating Employers Health And Welfare Fund
Ufcw Unions & Partcipating Employers Health And Welfare Fund (EIN: 10749311) is a nonprofit organization based in Mount Laurel, NJ, classified under NTEE code Y43. The organization reported total revenue of $53.2M and total assets of $52.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ufcw Unions & Partcipating Employers Health And Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ufcw Unions & Partcipating Employers Health And Welfare Fund is a major nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.5M |
| Total Expenses | $47.2M |
| Surplus / Deficit | $-703,020 |
| Total Assets | $46.7M |
| Total Liabilities | $9.3M |
| Net Assets | $37.4M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2023, Ufcw Unions & Partcipating Employers Health And Welfare Fund reported a deficit of $703K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ufcw Unions & Partcipating Employers Health And Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +14.7% | +1.6% |
| 2022 | -3.4% | -7.6% | +3.9% |
| 2021 | -2.7% | +7.9% | +10.7% |
| 2020 | +0.2% | -5.3% | +22.1% |
| 2019 | +0.5% | -1.6% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ufcw Unions & Partcipating Employers Health And Welfare Fund 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Ufcw Unions & Partcipating Employers Health And Welfare 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $703K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size with over $50 million in revenue and assets.
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 Ufcw Unions & Partcipating Employers Health And Welfare Fund's IRS 990 filings:
- No officer compensation reported for an organization of this size, which may indicate compensation is reported elsewhere or through a related entity, requiring further investigation of the full 990.
Strengths
The following positive indicators were identified for Ufcw Unions & Partcipating Employers Health And Welfare Fund:
- Consistent revenue generation, with latest revenue at $53,216,674.
- Significant and steady asset growth, from $10,181,530 in 2014 to $46,733,989 in 2023, indicating strong financial management.
- Expenses are closely aligned with revenue, suggesting efficient use of funds for its stated purpose.
- Zero reported officer compensation across all filings, indicating a strong commitment to directing funds to beneficiaries.
- Low liabilities relative to assets, with liabilities at $9,349,924 against assets of $46,733,989 in 2023, indicating financial stability.
Frequently Asked Questions about Ufcw Unions & Partcipating Employers Health And Welfare Fund
Is Ufcw Unions & Partcipating Employers Health And Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ufcw Unions & Partcipating Employers Health And Welfare Fund (EIN: 10749311) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Ufcw Unions & Partcipating Employers Health And Welfare Fund spend its money?
Ufcw Unions & Partcipating Employers Health And Welfare Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ufcw Unions & Partcipating Employers Health And Welfare Fund tax-deductible?
Ufcw Unions & Partcipating Employers Health And Welfare Fund is registered as a tax-exempt nonprofit (EIN: 10749311). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ufcw Unions & Partcipating Employers Health And Welfare Fund CEO make?
Ufcw Unions & Partcipating Employers Health And Welfare Fund's highest-compensated officer earns $50 annually. The organization reported $53.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ufcw Unions & Partcipating Employers Health And Welfare Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ufcw Unions & Partcipating Employers Health And Welfare Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ufcw Unions & Partcipating Employers Health And Welfare Fund located?
Ufcw Unions & Partcipating Employers Health And Welfare Fund is headquartered in Mount Laurel, New Jersey and files with the IRS under EIN 10749311. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Ufcw Unions & Partcipating Employers Health And Welfare Fund have?
Ufcw Unions & Partcipating Employers Health And Welfare Fund 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 $53.2M in total revenue.
What specific health and welfare benefits does the fund provide?
Based on its NTEE code (Y43 - Employee & Labor Organizations) and name, the fund likely provides health, welfare, and possibly retirement benefits to members of UFCW unions and participating employers.
How does the fund manage its significant asset growth?
The fund has seen substantial asset growth from $10,181,530 in 2014 to $46,733,989 in 2023. This growth suggests effective investment strategies or consistent surpluses, which could be used to secure future benefits or manage market fluctuations.
Are there any related organizations that handle administrative or investment functions?
Given the 0% officer compensation, it's possible that administrative or investment management services are provided by a related entity or through contracted services, which would be detailed in the full 990 filing.
Filing History
IRS 990 filing history for Ufcw Unions & Partcipating Employers Health And Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ufcw Unions & Partcipating Employers Health And Welfare Fund's revenue has grown by 30.5%, moving from $35.7M to $46.5M. Total assets increased by 229.9% over the same period, from $14.2M to $46.7M. Total functional expenses rose by 36.1%, from $34.7M to $47.2M. In its most recent filing year (2023), Ufcw Unions & Partcipating Employers Health And Welfare Fund reported a deficit of $703K, with expenses exceeding revenue. The organization holds $9.3M in liabilities against $46.7M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $37.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.5M | $47.2M | $46.7M | $9.3M | — | View 990 |
| 2022 | $45.7M | $41.2M | $46.0M | $7.2M | — | — |
| 2021 | $47.3M | $44.5M | $44.2M | $10.0M | — | View 990 |
| 2020 | $48.6M | $41.3M | $40.0M | $8.5M | — | — |
| 2019 | $48.5M | $43.6M | $32.7M | $8.6M | — | View 990 |
| 2018 | $48.3M | $44.3M | $28.9M | $9.7M | — | View 990 |
| 2017 | $48.8M | $45.4M | $23.6M | $8.4M | — | — |
| 2016 | $49.2M | $45.5M | $20.9M | $9.1M | — | View 990 |
| 2015 | $48.2M | $42.7M | $14.8M | $6.6M | — | View 990 |
| 2014 | $45.6M | $45.2M | $10.2M | $7.5M | — | View 990 |
| 2013 | $41.6M | $43.0M | $8.7M | $6.4M | — | View 990 |
| 2012 | $37.9M | $42.1M | $13.0M | $9.4M | — | View 990 |
| 2011 | $35.7M | $34.7M | $14.2M | $6.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.5M, expenses of $47.2M, and assets of $46.7M (revenue +1.8% year-over-year).
- 2022: Revenue of $45.7M, expenses of $41.2M, and assets of $46.0M (revenue -3.4% year-over-year).
- 2021: Revenue of $47.3M, expenses of $44.5M, and assets of $44.2M (revenue -2.7% year-over-year).
- 2020: Revenue of $48.6M, expenses of $41.3M, and assets of $40.0M (revenue +0.2% year-over-year).
- 2019: Revenue of $48.5M, expenses of $43.6M, and assets of $32.7M (revenue +0.5% year-over-year).
- 2018: Revenue of $48.3M, expenses of $44.3M, and assets of $28.9M (revenue -1.2% year-over-year).
- 2017: Revenue of $48.8M, expenses of $45.4M, and assets of $23.6M (revenue -0.8% year-over-year).
- 2016: Revenue of $49.2M, expenses of $45.5M, and assets of $20.9M (revenue +2.1% year-over-year).
- 2015: Revenue of $48.2M, expenses of $42.7M, and assets of $14.8M (revenue +5.7% year-over-year).
- 2014: Revenue of $45.6M, expenses of $45.2M, and assets of $10.2M (revenue +9.6% year-over-year).
- 2013: Revenue of $41.6M, expenses of $43.0M, and assets of $8.7M (revenue +9.9% year-over-year).
- 2012: Revenue of $37.9M, expenses of $42.1M, and assets of $13.0M (revenue +6.2% year-over-year).
- 2011: Revenue of $35.7M, expenses of $34.7M, and assets of $14.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ufcw Unions & Partcipating Employers Health And Welfare Fund:
Data Sources and Methodology
This transparency report for Ufcw Unions & Partcipating Employers Health And Welfare 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.