United Food & Commercial Workers Local 1000 Okla Health & Welf Fund
Health and Welfare Fund maintains financial stability with growing assets and no reported officer compensation.
EIN: 20642001 · Pembroke Pnes, FL · NTEE: Y43 · Updated: 2026-03-28
Is United Food & Commercial Workers Local 1000 Okla Health & Welf Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Food & Commercial Workers Local 1000 Okla Health & Welf Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Food & Commercial Workers Local 1000 Okla Health & Welf Fund
United Food & Commercial Workers Local 1000 Okla Health & Welf Fund (EIN: 20642001) is a nonprofit organization based in Pembroke Pnes, FL, classified under NTEE code Y43. The organization reported total revenue of $22.2M and total assets of $12.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Food & Commercial Workers Local 1000 Okla Health & Welf 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 United Food & Commercial Workers Local 1000 Okla Health & Welf 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, United Food & Commercial Workers Local 1000 Okla Health & Welf 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a nonprofit of this size with over $9 million in annual revenue.
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 United Food & Commercial Workers Local 1000 Okla Health & Welf Fund:
- Consistent financial surpluses in recent years (e.g., 2023 revenue $9,193,769 vs. expenses $8,930,945).
- Significant growth in assets from $2,891,198 in 2018 to $12,402,918 in 2023.
- 0% reported officer compensation across all available filings, indicating high efficiency and mission focus.
- Strong asset-to-liability ratio, with assets of $12,402,918 significantly exceeding liabilities of $1,648,259 in 2023.
Frequently Asked Questions about United Food & Commercial Workers Local 1000 Okla Health & Welf Fund
Is United Food & Commercial Workers Local 1000 Okla Health & Welf Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, United Food & Commercial Workers Local 1000 Okla Health & Welf Fund (EIN: 20642001) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does United Food & Commercial Workers Local 1000 Okla Health & Welf Fund spend its money?
United Food & Commercial Workers Local 1000 Okla Health & Welf Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Food & Commercial Workers Local 1000 Okla Health & Welf Fund tax-deductible?
United Food & Commercial Workers Local 1000 Okla Health & Welf Fund is registered as a tax-exempt nonprofit (EIN: 20642001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is United Food & Commercial Workers Local 1000 Okla Health & Welf Fund a good charity?
Based on the provided financial data, the organization appears to be a well-managed and financially healthy entity. It consistently generates more revenue than expenses, has growing assets, and reports 0% officer compensation, all of which are positive indicators.
How has the organization's asset base changed over time?
The organization's assets have shown substantial growth, increasing from $2,891,198 in 2018 to $12,402,918 in 2023, indicating strong financial accumulation and stability.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally remained above expenses in recent years, leading to surpluses. For instance, in 2023, revenue was $9,193,769 and expenses were $8,930,945, continuing a trend of positive net income.
Filing History
IRS 990 filing history for United Food & Commercial Workers Local 1000 Okla Health & Welf Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), United Food & Commercial Workers Local 1000 Okla Health & Welf Fund's revenue has grown by 1.5%, moving from $9.1M to $9.2M. Total assets increased by 65.2% over the same period, from $7.5M to $12.4M. Total functional expenses fell by 9.9%, from $9.9M to $8.9M. In its most recent filing year (2023), United Food & Commercial Workers Local 1000 Okla Health & Welf Fund reported a surplus of $263K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $12.4M in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $10.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $8.9M | $12.4M | $1.6M | — | — |
| 2022 | $10.0M | $9.3M | $11.8M | $1.7M | — | View 990 |
| 2021 | $12.4M | $9.6M | $11.6M | $1.9M | — | View 990 |
| 2020 | $12.2M | $8.6M | $8.4M | $1.5M | — | — |
| 2019 | $11.0M | $8.1M | $4.9M | $1.6M | — | View 990 |
| 2018 | $10.5M | $10.0M | $2.9M | $2.5M | — | View 990 |
| 2017 | $10.9M | $10.6M | $2.6M | $2.8M | — | View 990 |
| 2016 | $11.5M | $13.8M | $2.8M | $3.2M | — | View 990 |
| 2015 | $11.2M | $15.3M | $5.0M | $3.2M | — | View 990 |
| 2014 | $11.7M | $12.7M | $8.7M | $2.5M | — | View 990 |
| 2013 | $12.7M | $11.3M | $10.1M | $2.9M | — | View 990 |
| 2012 | $12.3M | $11.5M | $8.3M | $2.6M | — | View 990 |
| 2011 | $9.7M | $9.7M | $7.3M | $2.4M | — | View 990 |
| 2010 | $9.1M | $9.9M | $7.5M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $8.9M, and assets of $12.4M (revenue -7.9% year-over-year).
- 2022: Revenue of $10.0M, expenses of $9.3M, and assets of $11.8M (revenue -19.3% year-over-year).
- 2021: Revenue of $12.4M, expenses of $9.6M, and assets of $11.6M (revenue +1.6% year-over-year).
- 2020: Revenue of $12.2M, expenses of $8.6M, and assets of $8.4M (revenue +10.2% year-over-year).
- 2019: Revenue of $11.0M, expenses of $8.1M, and assets of $4.9M (revenue +5.0% year-over-year).
- 2018: Revenue of $10.5M, expenses of $10.0M, and assets of $2.9M (revenue -3.4% year-over-year).
- 2017: Revenue of $10.9M, expenses of $10.6M, and assets of $2.6M (revenue -5.6% year-over-year).
- 2016: Revenue of $11.5M, expenses of $13.8M, and assets of $2.8M (revenue +3.0% year-over-year).
- 2015: Revenue of $11.2M, expenses of $15.3M, and assets of $5.0M (revenue -4.8% year-over-year).
- 2014: Revenue of $11.7M, expenses of $12.7M, and assets of $8.7M (revenue -7.2% year-over-year).
- 2013: Revenue of $12.7M, expenses of $11.3M, and assets of $10.1M (revenue +3.3% year-over-year).
- 2012: Revenue of $12.3M, expenses of $11.5M, and assets of $8.3M (revenue +26.6% year-over-year).
- 2011: Revenue of $9.7M, expenses of $9.7M, and assets of $7.3M (revenue +6.9% year-over-year).
- 2010: Revenue of $9.1M, expenses of $9.9M, and assets of $7.5M.
Data Sources and Methodology
This transparency report for United Food & Commercial Workers Local 1000 Okla Health & Welf 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.