United Plant & Production Workers Local 175 Welfare Fund
United Plant & Production Workers Local 175 Welfare Fund consistently grows assets with zero reported officer compensation.
EIN: 134321969 · Roslyn Heights, NY · NTEE: Y43 · Updated: 2026-03-28
Is United Plant & Production Workers Local 175 Welfare Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Plant & Production Workers Local 175 Welfare Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Plant & Production Workers Local 175 Welfare Fund
United Plant & Production Workers Local 175 Welfare Fund (EIN: 134321969) is a nonprofit organization based in Roslyn Heights, NY, classified under NTEE code Y43. The organization reported total revenue of $50.2M and total assets of $57.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Plant & Production Workers Local 175 Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Plant & Production Workers Local 175 Welfare Fund is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.1M |
| Total Expenses | $10.8M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $49.2M |
| Total Liabilities | $494K |
| Net Assets | $48.7M |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 54.5 months |
Financial Health Grade: A
In 2023, United Plant & Production Workers Local 175 Welfare Fund reported a surplus of $1.3M with revenue exceeding expenses, holds 54.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), United Plant & Production Workers Local 175 Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.0% | +2.3% | +8.7% |
| 2022 | +5.8% | +5.1% | -4.7% |
| 2021 | +6.6% | +13.6% | +19.5% |
| 2020 | +14.5% | -2.3% | +13.5% |
| 2019 | +7.1% | +11.0% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 United Plant & Production Workers Local 175 Welfare Fund with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, United Plant & Production Workers Local 175 Welfare Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size ($50M+ in assets) and suggests a strong focus on direct benefit distribution or very lean administrative staffing.
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 Plant & Production Workers Local 175 Welfare Fund:
- Consistent asset growth, from $17.6M in 2014 to $49.1M in 2023.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Revenues consistently exceed expenses, leading to healthy financial reserves.
- Low liabilities relative to assets, demonstrating strong financial stability.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about United Plant & Production Workers Local 175 Welfare Fund
Is United Plant & Production Workers Local 175 Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, United Plant & Production Workers Local 175 Welfare Fund (EIN: 134321969) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does United Plant & Production Workers Local 175 Welfare Fund spend its money?
United Plant & Production Workers Local 175 Welfare Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Plant & Production Workers Local 175 Welfare Fund tax-deductible?
United Plant & Production Workers Local 175 Welfare Fund is registered as a tax-exempt nonprofit (EIN: 134321969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is United Plant & Production Workers Local 175 Welfare Fund a good charity?
Based on the available IRS 990 data, the fund appears to be very well-managed financially, with consistent asset growth, revenues exceeding expenses, and zero reported officer compensation. This suggests a strong commitment to its beneficiaries and efficient use of funds.
How has the fund's financial health changed over the last decade?
The fund's financial health has significantly improved over the last decade. Assets have grown from $17.6 million in 2014 to $49.1 million in 2023, and annual revenue has increased from $10.2 million to $12.1 million in the same period, demonstrating strong and consistent growth.
What is the fund's approach to executive compensation?
The fund reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign for financial efficiency and transparency, suggesting that resources are directed towards the fund's primary purpose.
Filing History
IRS 990 filing history for United Plant & Production Workers Local 175 Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Plant & Production Workers Local 175 Welfare Fund's revenue has grown by 136.2%, moving from $5.1M to $12.1M. Total assets increased by 520.8% over the same period, from $7.9M to $49.2M. Total functional expenses rose by 169.3%, from $4.0M to $10.8M. In its most recent filing year (2023), United Plant & Production Workers Local 175 Welfare Fund reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $494K in liabilities against $49.2M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $48.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.1M | $10.8M | $49.2M | $494K | — | View 990 |
| 2022 | $15.2M | $10.6M | $45.2M | $79K | — | View 990 |
| 2021 | $14.4M | $10.1M | $47.5M | $829K | — | — |
| 2020 | $13.5M | $8.9M | $39.7M | $281K | — | — |
| 2019 | $11.8M | $9.1M | $35.0M | $385K | — | View 990 |
| 2018 | $11.0M | $8.2M | $31.8M | $559K | — | View 990 |
| 2017 | $10.7M | $8.7M | $27.4M | $55K | — | View 990 |
| 2016 | $11.4M | $7.9M | $24.7M | $161K | — | View 990 |
| 2015 | $12.0M | $8.6M | $21.0M | $112K | — | View 990 |
| 2014 | $10.3M | $5.7M | $17.6M | $70K | — | View 990 |
| 2013 | $6.9M | $4.7M | $12.5M | $87K | — | View 990 |
| 2012 | $8.6M | $6.0M | $10.2M | $146K | — | View 990 |
| 2011 | $5.1M | $4.0M | $7.9M | $700K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.1M, expenses of $10.8M, and assets of $49.2M (revenue -20.0% year-over-year).
- 2022: Revenue of $15.2M, expenses of $10.6M, and assets of $45.2M (revenue +5.8% year-over-year).
- 2021: Revenue of $14.4M, expenses of $10.1M, and assets of $47.5M (revenue +6.6% year-over-year).
- 2020: Revenue of $13.5M, expenses of $8.9M, and assets of $39.7M (revenue +14.5% year-over-year).
- 2019: Revenue of $11.8M, expenses of $9.1M, and assets of $35.0M (revenue +7.1% year-over-year).
- 2018: Revenue of $11.0M, expenses of $8.2M, and assets of $31.8M (revenue +2.4% year-over-year).
- 2017: Revenue of $10.7M, expenses of $8.7M, and assets of $27.4M (revenue -5.8% year-over-year).
- 2016: Revenue of $11.4M, expenses of $7.9M, and assets of $24.7M (revenue -5.1% year-over-year).
- 2015: Revenue of $12.0M, expenses of $8.6M, and assets of $21.0M (revenue +16.5% year-over-year).
- 2014: Revenue of $10.3M, expenses of $5.7M, and assets of $17.6M (revenue +50.2% year-over-year).
- 2013: Revenue of $6.9M, expenses of $4.7M, and assets of $12.5M (revenue -20.7% year-over-year).
- 2012: Revenue of $8.6M, expenses of $6.0M, and assets of $10.2M (revenue +68.1% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.0M, and assets of $7.9M.
Data Sources and Methodology
This transparency report for United Plant & Production Workers Local 175 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.