Union Building Fund
Union Building Fund consistently operates at a deficit, with expenses exceeding revenue in recent years.
EIN: 200009629 · Westmont, IL · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $540K |
| Program Spending | 80% |
| Net Assets | $3.6M |
| Transparency Score | 70/100 |
Search Intent Cockpit
Union Building Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Union Building Fund 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 Union Building Fund in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $479K and expenses of $540K.
Revenue and Expenses
Union Building Fund reported $479K in revenue and $540K in expenses, a deficit of $61K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
70/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Union Building Fund Legit?
Some Concerns
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
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
| Program services | $432K (80%) |
Across stored filings, Union Building Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Shorefront | Illinois and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Westmont, IL nonprofitsCommunity Improvement in Illinois
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Request a concise report for Union Building Fund with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
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Union Building Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Union Building Fund
Union Building Fund (EIN: 200009629) is a nonprofit organization based in Westmont, IL, classified under NTEE code S47. The organization reported total revenue of $479K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Building Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Building Fund is a small 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 -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $479K |
| Total Expenses | $540K |
| Surplus / Deficit | $-61,100 |
| Total Assets | $3.8M |
| Total Liabilities | $262K |
| Net Assets | $3.6M |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 85.3 months |
Financial Health Grade: B
In 2023, Union Building Fund reported a deficit of $61K with expenses exceeding revenue, holds 85.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Union Building Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +2.6% | -2.7% |
| 2022 | +0.0% | +2.7% | -2.9% |
| 2021 | +0.0% | +7.8% | -2.9% |
| 2020 | +0.0% | +6.7% | +4.1% |
| 2019 | -39.0% | -21.2% | -1.8% |
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 Union Building 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Union Building Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
The Union Building Fund consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is reported under other expense categories, which is a positive sign for minimizing overhead related to executive pay.
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 Union Building Fund's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $61,100 deficit in 202312).
- Declining asset base over the past few years (from $4,364,419 in 201412 to $3,841,237 in 202312).
Strengths
The following positive indicators were identified for Union Building Fund:
- Substantial asset base ($3,841,237 in 202312) providing financial stability.
- Consistent 0% reported officer compensation, indicating efficient use of funds for executive pay.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Significant reduction in liabilities in the latest period (from $748,576 in 202212 to $261,626 in 202312).
Frequently Asked Questions about Union Building Fund
Is Union Building Fund a legitimate charity?
Union Building Fund (EIN: 200009629) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $479K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Union Building Fund spend its money?
Union Building Fund directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Union Building Fund tax-deductible?
Union Building Fund is registered as a tax-exempt nonprofit (EIN: 200009629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Union Building Fund's spending goes to programs?
Union Building Fund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Union Building Fund compare to similar nonprofits?
With a transparency score of 70/100 (Good), Union Building Fund is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Union Building Fund located?
Union Building Fund is headquartered in Westmont, Illinois and files with the IRS under EIN 200009629. It is classified under NTEE code S47.
How many years of IRS 990 filings does Union Building Fund have?
Union Building 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 $479K in total revenue.
Is Union Building Fund financially sustainable given recent deficits?
The organization has reported expenses exceeding revenue in recent periods (e.g., $540,240 expenses vs. $479,140 revenue in 202312). While it has substantial assets ($3,841,237 in 202312), this trend could impact long-term financial sustainability if not addressed.
What are the primary drivers of the organization's expenses?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to pinpoint primary drivers. However, given its NTEE code (Labor Unions), expenses are likely related to member services, advocacy, and operational costs associated with supporting labor union activities.
How does the organization manage its liabilities?
Liabilities have fluctuated, decreasing from $748,576 in 202212 to $261,626 in 202312, indicating effective management in the latest period. However, they were significantly higher in earlier years, such as $2,719,725 in 201412.
Filing History
IRS 990 filing history for Union Building Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Union Building Fund's revenue has declined by 33.5%, moving from $720K to $479K. Total assets decreased by 15.8% over the same period, from $4.6M to $3.8M. Total functional expenses fell by 14.2%, from $630K to $540K. In its most recent filing year (2023), Union Building Fund reported a deficit of $61K, with expenses exceeding revenue. The organization holds $262K in liabilities against $3.8M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $479K | $540K | $3.8M | $262K | — | — |
| 2022 | $439K | $526K | $3.9M | $749K | — | View 990 |
| 2021 | $439K | $512K | $4.1M | $780K | — | View 990 |
| 2020 | $439K | $475K | $4.2M | $829K | — | — |
| 2019 | $439K | $446K | $4.0M | $628K | — | View 990 |
| 2018 | $720K | $565K | $4.1M | $693K | — | View 990 |
| 2017 | $720K | $526K | $4.2M | $2.0M | — | View 990 |
| 2016 | $720K | $536K | $4.2M | $2.3M | — | View 990 |
| 2015 | $720K | $589K | $4.3M | $2.5M | — | View 990 |
| 2014 | $720K | $605K | $4.4M | $2.7M | — | View 990 |
| 2013 | $720K | $571K | $4.5M | $3.0M | — | View 990 |
| 2012 | $720K | $612K | $4.5M | $3.1M | — | View 990 |
| 2011 | $720K | $630K | $4.6M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $479K, expenses of $540K, and assets of $3.8M (revenue +9.1% year-over-year).
- 2022: Revenue of $439K, expenses of $526K, and assets of $3.9M (revenue +0.0% year-over-year).
- 2021: Revenue of $439K, expenses of $512K, and assets of $4.1M (revenue +0.0% year-over-year).
- 2020: Revenue of $439K, expenses of $475K, and assets of $4.2M (revenue +0.0% year-over-year).
- 2019: Revenue of $439K, expenses of $446K, and assets of $4.0M (revenue -39.0% year-over-year).
- 2018: Revenue of $720K, expenses of $565K, and assets of $4.1M (revenue +0.0% year-over-year).
- 2017: Revenue of $720K, expenses of $526K, and assets of $4.2M (revenue +0.0% year-over-year).
- 2016: Revenue of $720K, expenses of $536K, and assets of $4.2M (revenue +-0.0% year-over-year).
- 2015: Revenue of $720K, expenses of $589K, and assets of $4.3M (revenue +0.0% year-over-year).
- 2014: Revenue of $720K, expenses of $605K, and assets of $4.4M (revenue +0.0% year-over-year).
- 2013: Revenue of $720K, expenses of $571K, and assets of $4.5M (revenue +0.0% year-over-year).
- 2012: Revenue of $720K, expenses of $612K, and assets of $4.5M (revenue +-0.0% year-over-year).
- 2011: Revenue of $720K, expenses of $630K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Building Fund:
Data Sources and Methodology
This transparency report for Union Building 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.