Union Labor Health Care Coalition Inc
Union Labor Health Care Coalition Inc. shows consistent revenue growth and strong financial health with zero reported officer compensation.
EIN: 141768443 · Hartford, CT · Updated: 2026-03-28
Is Union Labor Health Care Coalition Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Union Labor Health Care Coalition Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Union Labor Health Care Coalition Inc
Union Labor Health Care Coalition Inc (EIN: 141768443) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $333K and total assets of $663K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Labor Health Care Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Labor Health Care Coalition Inc is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $240K |
| Surplus / Deficit | +$73K |
| Total Assets | $588K |
| Net Assets | $588K |
| Operating Margin | 23.4% |
| Months of Reserves | 29.4 months |
Financial Health Grade: A
In 2023, Union Labor Health Care Coalition Inc reported a surplus of $73K with revenue exceeding expenses, holds 29.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Union Labor Health Care Coalition Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | +18.0% | +14.3% |
| 2022 | +28.5% | +47.4% | +5.3% |
| 2021 | +37.9% | +14.7% | +8.5% |
| 2020 | -21.4% | -22.4% | +4.2% |
| 2019 | +5.9% | +1.6% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Labor Health Care Coalition Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Union Labor Health Care Coalition Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $73K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with growing revenues and assets. This suggests that executive leadership may be volunteer-based or compensated through mechanisms not categorized as officer compensation on the Form 990, indicating a potentially very efficient use of funds for mission-related activities.
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 Labor Health Care Coalition Inc's IRS 990 filings:
- Consistent 0% officer compensation, while positive, warrants further inquiry to understand how leadership is sustained and compensated if not through traditional officer salaries.
Strengths
The following positive indicators were identified for Union Labor Health Care Coalition Inc:
- Consistent revenue growth, from $177,228 in 2019 to $313,258 in 2023.
- Strong asset growth, from $432,395 in 2019 to $588,369 in 2023.
- Consistent operating surpluses, indicating financial sustainability (e.g., $73,416 surplus in 2023).
- Zero reported liabilities in recent years (2022 and 2023), demonstrating excellent financial management.
- Consistent reporting of 0% officer compensation, suggesting high efficiency and mission focus.
Frequently Asked Questions about Union Labor Health Care Coalition Inc
Is Union Labor Health Care Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Labor Health Care Coalition Inc (EIN: 141768443) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Union Labor Health Care Coalition Inc spend its money?
Union Labor Health Care Coalition Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Union Labor Health Care Coalition Inc tax-deductible?
Union Labor Health Care Coalition Inc is registered as a tax-exempt nonprofit (EIN: 141768443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Union Labor Health Care Coalition Inc. a good charity?
Based on the available financial data, Union Labor Health Care Coalition Inc. appears to be a financially healthy and well-managed organization. It consistently generates surpluses, has growing assets, and reports zero liabilities in recent years. The absence of officer compensation is a significant positive indicator of mission focus and efficient resource allocation.
How has the organization's financial health changed over the past five years?
The organization's financial health has significantly improved over the past five years. Revenue increased from $177,228 in 2019 to $313,258 in 2023, and assets grew from $432,395 to $588,369 in the same period. Liabilities have also decreased, reaching $0 in 2022 and 2023, indicating strong financial management.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership may be volunteer-based or compensated through non-officer channels, which is a strong indicator of fiscal conservatism and dedication to program spending.
Filing History
IRS 990 filing history for Union Labor Health Care Coalition Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Union Labor Health Care Coalition Inc's revenue has declined by 2.1%, moving from $320K to $313K. Total assets increased by 19.2% over the same period, from $494K to $588K. Total functional expenses fell by 24.6%, from $318K to $240K. In its most recent filing year (2023), Union Labor Health Care Coalition Inc reported a surplus of $73K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $240K | $588K | $0 | — | — |
| 2022 | $247K | $203K | $515K | $0 | — | View 990 |
| 2021 | $192K | $138K | $489K | $7K | — | View 990 |
| 2020 | $139K | $120K | $451K | $7K | — | View 990 |
| 2019 | $177K | $155K | $432K | $8K | — | View 990 |
| 2018 | $167K | $153K | $420K | $17K | — | View 990 |
| 2017 | $202K | $178K | $399K | $11K | — | View 990 |
| 2016 | $180K | $128K | $368K | $5K | — | View 990 |
| 2015 | $304K | $203K | $415K | $103K | — | View 990 |
| 2014 | $144K | $89K | $216K | $5K | — | View 990 |
| 2013 | $83K | $150K | $158K | $1K | — | View 990 |
| 2012 | $87K | $194K | $230K | $6K | — | View 990 |
| 2011 | $66K | $161K | $340K | $10K | — | View 990 |
| 2010 | $320K | $318K | $494K | $68K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $240K, and assets of $588K (revenue +26.9% year-over-year).
- 2022: Revenue of $247K, expenses of $203K, and assets of $515K (revenue +28.5% year-over-year).
- 2021: Revenue of $192K, expenses of $138K, and assets of $489K (revenue +37.9% year-over-year).
- 2020: Revenue of $139K, expenses of $120K, and assets of $451K (revenue -21.4% year-over-year).
- 2019: Revenue of $177K, expenses of $155K, and assets of $432K (revenue +5.9% year-over-year).
- 2018: Revenue of $167K, expenses of $153K, and assets of $420K (revenue -17.2% year-over-year).
- 2017: Revenue of $202K, expenses of $178K, and assets of $399K (revenue +12.3% year-over-year).
- 2016: Revenue of $180K, expenses of $128K, and assets of $368K (revenue -40.7% year-over-year).
- 2015: Revenue of $304K, expenses of $203K, and assets of $415K (revenue +111.3% year-over-year).
- 2014: Revenue of $144K, expenses of $89K, and assets of $216K (revenue +73.3% year-over-year).
- 2013: Revenue of $83K, expenses of $150K, and assets of $158K (revenue -4.3% year-over-year).
- 2012: Revenue of $87K, expenses of $194K, and assets of $230K (revenue +30.9% year-over-year).
- 2011: Revenue of $66K, expenses of $161K, and assets of $340K (revenue -79.3% year-over-year).
- 2010: Revenue of $320K, expenses of $318K, and assets of $494K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Labor Health Care Coalition Inc:
Data Sources and Methodology
This transparency report for Union Labor Health Care Coalition Inc 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.