United Teamster Fund

United Teamster Fund maintains stable operations with zero reported officer compensation despite occasional operational deficits.

EIN: 135549593 · Brooklyn, NY · Updated: 2026-03-28

$54.6MRevenue
$24.1MAssets
85/100Mission Score (Excellent)
United Teamster Fund Financial Summary
MetricValue
Total Revenue$54.6M
Total Expenses$46.4M
Program Spending90%
CEO/Top Officer Pay$40
Net Assets$8.9M
Transparency Score85/100

Is United Teamster Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

United Teamster Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About United Teamster Fund

United Teamster Fund (EIN: 135549593) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $54.6M and total assets of $24.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Teamster Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

67Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

United Teamster Fund is a major nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$44.1M
Total Expenses$46.4M
Surplus / Deficit$-2,264,888
Total Assets$16.4M
Total Liabilities$7.5M
Net Assets$8.9M
Operating Margin-5.1%
Debt-to-Asset Ratio45.6%
Months of Reserves4.2 months

Financial Health Grade: B

In 2023, United Teamster Fund reported a deficit of $2.3M with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 45.6% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), United Teamster Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+6.0%+7.5%+1.9%
2022-1.4%+0.2%-11.9%
2021-5.3%-3.5%+1.6%
2020+2.3%-1.9%+5.0%
2019+5.8%+26.9%-10.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1959

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The United Teamster Fund demonstrates consistent financial activity, with revenues and expenses generally in the range of $30-45 million over the past decade. In the most recent period (202304), the organization reported revenues of $44,133,995 against expenses of $46,398,883, indicating a slight operational deficit. This trend of expenses occasionally exceeding revenue is observed in several periods, such as 202204, 202104, and 201904, suggesting that the organization sometimes draws on reserves or experiences fluctuations in its financial performance. Assets have shown some variability, peaking around $20 million in 201504 and 201804, and standing at $16,396,196 in 202304, while liabilities have remained manageable relative to assets. The organization's financial health appears stable, supported by substantial revenue streams. However, the recurring operational deficits in some years warrant attention to ensure long-term sustainability. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is highly commendable and suggests a strong focus on program delivery. While specific program spending ratios are not provided in the summary data, the absence of officer compensation suggests a lean administrative structure at the top. Further analysis of the full IRS 990 forms would be necessary to fully assess spending efficiency across programs, administration, and fundraising. However, the consistent filing history and the zero executive compensation are strong positive indicators of transparency and responsible financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates United Teamster Fund with a Mission Score of 85 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: 90%
  • fundraising: 5%

According to IRS 990 filings, United Teamster Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$44.1MTotal Revenue
$46.4MTotal Expenses
$16.4MTotal Assets
$7.5MTotal Liabilities
$8.9MNet Assets
  • The organization reported a deficit of $2.3M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 45.6%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filing periods, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization with revenues exceeding $40 million annually.

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 United Teamster Fund's IRS 990 filings:

  • Recurring operational deficits in multiple years (e.g., 202304, 202204, 202104, 201904) where expenses exceed revenue, which could impact long-term financial stability if not managed effectively.
  • Lack of specific NTEE code, which can make it harder to benchmark against similar organizations and understand its precise programmatic focus.

Strengths

The following positive indicators were identified for United Teamster Fund:

  • Consistent reporting of 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards the mission and high transparency regarding executive pay.
  • Substantial and consistent revenue streams, generally exceeding $30 million annually, demonstrating a robust financial base.
  • Healthy asset base relative to liabilities, with assets consistently higher than liabilities, indicating financial solvency.
  • Long and consistent filing history (13 filings), suggesting a well-established and compliant organization.

Frequently Asked Questions about United Teamster Fund

Is United Teamster Fund a legitimate charity?

United Teamster Fund (EIN: 135549593) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $54.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does United Teamster Fund spend its money?

United Teamster Fund directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to United Teamster Fund tax-deductible?

United Teamster Fund is registered as a tax-exempt nonprofit (EIN: 135549593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the United Teamster Fund CEO make?

United Teamster Fund's highest-compensated officer earns $40 annually. The organization reported $54.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of United Teamster Fund's spending goes to programs?

United Teamster Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is United Teamster Fund located?

United Teamster Fund is headquartered in Brooklyn, New York and files with the IRS under EIN 135549593.

How many years of IRS 990 filings does United Teamster Fund have?

United Teamster 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 $54.6M in total revenue.

How does United Teamster Fund manage its operational deficits in certain years?

In periods like 202304, where expenses ($46,398,883) exceeded revenue ($44,133,995), the organization likely covers the difference by drawing from its assets or reserves, which stood at $16,396,196 in that period.

What is the primary source of United Teamster Fund's substantial revenue?

While the provided data doesn't specify revenue sources, for an organization with 'Teamster Fund' in its name, it is highly probable that a significant portion of its revenue comes from union dues, member contributions, or related investment income.

What is the long-term trend of the organization's assets and liabilities?

Assets have fluctuated, generally ranging from $13 million to $20 million, while liabilities have remained relatively stable and manageable, typically between $3 million and $9 million, indicating a healthy balance sheet.

Does the 0% officer compensation mean no one is paid to run the organization?

The 0% officer compensation specifically refers to the compensation of officers, directors, trustees, and key employees as reported on the IRS 990. It does not mean that no one is paid; rather, it suggests that the highest-level leadership may be unpaid volunteers, or their compensation is categorized differently, or the organization has a unique operational structure.

Filing History

IRS 990 filing history for United Teamster Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), United Teamster Fund's revenue has grown by 33.4%, moving from $33.1M to $44.1M. Total assets increased by 60.8% over the same period, from $10.2M to $16.4M. Total functional expenses rose by 90%, from $24.4M to $46.4M. In its most recent filing year (2023), United Teamster Fund reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $7.5M in liabilities against $16.4M in assets (debt-to-asset ratio: 45.6%), resulting in net assets of $8.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $44.1M $46.4M $16.4M $7.5M View 990
2022 $41.6M $43.2M $16.1M $4.8M View 990
2021 $42.2M $43.1M $18.3M $4.9M View 990
2020 $44.6M $44.6M $18.0M $5.2M View 990
2019 $43.6M $45.5M $17.1M $4.9M View 990
2018 $41.2M $35.9M $19.0M $5.1M View 990
2017 $39.9M $44.1M $13.8M $5.4M View 990
2016 $36.7M $35.8M $15.9M $3.7M View 990
2015 $34.4M $36.7M $20.6M $9.1M View 990
2014 $33.2M $34.8M $18.5M $4.9M View 990
2013 $32.8M $29.0M $19.1M $3.9M View 990
2012 $32.5M $27.4M $15.1M $3.6M View 990
2011 $33.1M $24.4M $10.2M $3.8M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $44.1M, expenses of $46.4M, and assets of $16.4M (revenue +6.0% year-over-year).
  • 2022: Revenue of $41.6M, expenses of $43.2M, and assets of $16.1M (revenue -1.4% year-over-year).
  • 2021: Revenue of $42.2M, expenses of $43.1M, and assets of $18.3M (revenue -5.3% year-over-year).
  • 2020: Revenue of $44.6M, expenses of $44.6M, and assets of $18.0M (revenue +2.3% year-over-year).
  • 2019: Revenue of $43.6M, expenses of $45.5M, and assets of $17.1M (revenue +5.8% year-over-year).
  • 2018: Revenue of $41.2M, expenses of $35.9M, and assets of $19.0M (revenue +3.1% year-over-year).
  • 2017: Revenue of $39.9M, expenses of $44.1M, and assets of $13.8M (revenue +8.9% year-over-year).
  • 2016: Revenue of $36.7M, expenses of $35.8M, and assets of $15.9M (revenue +6.5% year-over-year).
  • 2015: Revenue of $34.4M, expenses of $36.7M, and assets of $20.6M (revenue +3.8% year-over-year).
  • 2014: Revenue of $33.2M, expenses of $34.8M, and assets of $18.5M (revenue +1.1% year-over-year).
  • 2013: Revenue of $32.8M, expenses of $29.0M, and assets of $19.1M (revenue +1.0% year-over-year).
  • 2012: Revenue of $32.5M, expenses of $27.4M, and assets of $15.1M (revenue -1.8% year-over-year).
  • 2011: Revenue of $33.1M, expenses of $24.4M, and assets of $10.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for United Teamster Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for United Teamster 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.

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