Vermont Plumbers & Pipefitters Labor Management Fund
Vermont Plumbers & Pipefitters Labor Management Fund consistently operates with a surplus and reports no officer compensation.
EIN: 202941698 · S Burlington, VT · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $46K |
| Program Spending | 90% |
| Net Assets | $206K |
| Transparency Score | 85/100 |
Is Vermont Plumbers & Pipefitters Labor Management Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Plumbers & Pipefitters Labor Management Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Plumbers & Pipefitters Labor Management Fund
Vermont Plumbers & Pipefitters Labor Management Fund (EIN: 202941698) is a nonprofit organization based in S Burlington, VT, classified under NTEE code J40. The organization reported total revenue of $179K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Plumbers & Pipefitters Labor Management Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Plumbers & Pipefitters Labor Management Fund is a small 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 -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $46K |
| Surplus / Deficit | +$93K |
| Total Assets | $246K |
| Total Liabilities | $41K |
| Net Assets | $206K |
| Operating Margin | 67.0% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 64.4 months |
Financial Health Grade: A
In 2023, Vermont Plumbers & Pipefitters Labor Management Fund reported a surplus of $93K with revenue exceeding expenses, holds 64.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Plumbers & Pipefitters Labor Management Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | -39.3% | -18.1% |
| 2022 | +4.8% | -55.7% | +16.1% |
| 2021 | +23.1% | +108.8% | -8.1% |
| 2020 | -5.6% | +162.1% | +4.7% |
| 2019 | -6.3% | -90.9% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Vermont Plumbers & Pipefitters Labor Management 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Vermont Plumbers & Pipefitters Labor Management 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 $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives directly from the organization's funds, which is highly unusual for an organization of its size and suggests a very lean or volunteer-driven leadership structure.
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 Vermont Plumbers & Pipefitters Labor Management Fund's IRS 990 filings:
- Lack of detailed expense breakdown prevents full assessment of program efficiency
- Significant fluctuations in expenses in prior years (e.g., $343,018 in 2018 vs. $31,217 in 2019) without clear explanation in provided data
Strengths
The following positive indicators were identified for Vermont Plumbers & Pipefitters Labor Management Fund:
- Consistent financial surpluses in recent years (e.g., $93,318 surplus in 2023)
- Zero reported officer compensation, indicating efficient use of funds or volunteer leadership
- Stable asset base relative to annual revenue
- Consistent IRS 990 filing history, indicating transparency
Frequently Asked Questions about Vermont Plumbers & Pipefitters Labor Management Fund
Is Vermont Plumbers & Pipefitters Labor Management Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Plumbers & Pipefitters Labor Management Fund (EIN: 202941698) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Vermont Plumbers & Pipefitters Labor Management Fund spend its money?
Vermont Plumbers & Pipefitters Labor Management Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Plumbers & Pipefitters Labor Management Fund tax-deductible?
Vermont Plumbers & Pipefitters Labor Management Fund is registered as a tax-exempt nonprofit (EIN: 202941698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Vermont Plumbers & Pipefitters Labor Management Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vermont Plumbers & Pipefitters Labor Management Fund is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Plumbers & Pipefitters Labor Management Fund located?
Vermont Plumbers & Pipefitters Labor Management Fund is headquartered in S Burlington, Vermont and files with the IRS under EIN 202941698. It is classified under NTEE code J40.
How many years of IRS 990 filings does Vermont Plumbers & Pipefitters Labor Management Fund have?
Vermont Plumbers & Pipefitters Labor Management 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 $179K in total revenue.
Is the Vermont Plumbers & Pipefitters Labor Management Fund financially stable?
Yes, the organization appears financially stable. In most recent years, revenue has significantly exceeded expenses (e.g., $139,273 revenue vs. $45,955 expenses in 2023), leading to consistent surpluses and a healthy asset base of $246,451 in 2023.
How does the organization manage executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to officers directly by the fund.
What is the trend in the organization's assets?
The organization's assets have fluctuated over the years, from a high of $438,096 in 2015 to $246,451 in 2023, but have remained substantial relative to its annual revenue.
Filing History
IRS 990 filing history for Vermont Plumbers & Pipefitters Labor Management Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Plumbers & Pipefitters Labor Management Fund's revenue has declined by 27.9%, moving from $193K to $139K. Total assets decreased by 5.4% over the same period, from $260K to $246K. Total functional expenses fell by 72.1%, from $164K to $46K. In its most recent filing year (2023), Vermont Plumbers & Pipefitters Labor Management Fund reported a surplus of $93K, with revenue exceeding expenses. The organization holds $41K in liabilities against $246K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $206K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $46K | $246K | $41K | — | View 990 |
| 2022 | $135K | $76K | $301K | $59K | — | View 990 |
| 2021 | $129K | $171K | $259K | $77K | — | View 990 |
| 2020 | $105K | $82K | $282K | $53K | — | View 990 |
| 2019 | $111K | $31K | $270K | $52K | — | View 990 |
| 2018 | $118K | $343K | $286K | $147K | — | View 990 |
| 2017 | $197K | $79K | $419K | $53K | — | View 990 |
| 2016 | $246K | $52K | $293K | $42K | — | View 990 |
| 2015 | $259K | $148K | $438K | $395K | — | View 990 |
| 2014 | $274K | $515K | $405K | $473K | — | View 990 |
| 2013 | $245K | $180K | $416K | $244K | — | View 990 |
| 2012 | $247K | $270K | $368K | $262K | — | View 990 |
| 2011 | $193K | $164K | $260K | $130K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $46K, and assets of $246K (revenue +3.2% year-over-year).
- 2022: Revenue of $135K, expenses of $76K, and assets of $301K (revenue +4.8% year-over-year).
- 2021: Revenue of $129K, expenses of $171K, and assets of $259K (revenue +23.1% year-over-year).
- 2020: Revenue of $105K, expenses of $82K, and assets of $282K (revenue -5.6% year-over-year).
- 2019: Revenue of $111K, expenses of $31K, and assets of $270K (revenue -6.3% year-over-year).
- 2018: Revenue of $118K, expenses of $343K, and assets of $286K (revenue -39.8% year-over-year).
- 2017: Revenue of $197K, expenses of $79K, and assets of $419K (revenue -20.1% year-over-year).
- 2016: Revenue of $246K, expenses of $52K, and assets of $293K (revenue -5.2% year-over-year).
- 2015: Revenue of $259K, expenses of $148K, and assets of $438K (revenue -5.5% year-over-year).
- 2014: Revenue of $274K, expenses of $515K, and assets of $405K (revenue +11.8% year-over-year).
- 2013: Revenue of $245K, expenses of $180K, and assets of $416K (revenue -0.5% year-over-year).
- 2012: Revenue of $247K, expenses of $270K, and assets of $368K (revenue +27.7% year-over-year).
- 2011: Revenue of $193K, expenses of $164K, and assets of $260K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Plumbers & Pipefitters Labor Management Fund:
Data Sources and Methodology
This transparency report for Vermont Plumbers & Pipefitters Labor Management 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.