Ironworkers Local No 483
Nonprofit profile at a glance
- EIN
- 221554555
- IRS 990 coverage
- 2009–2010
- Forms available
- Form 990 2010
- Location
- Paterson, NJ, USA
- Phone
- 9735955544
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $429,846
- Expenses
- $735,365
- Assets
- $1,877,461
- Liabilities
- $32,034
Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
15 people listed
Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Labor union - Ironworkers local union office
What it reported doing in 2010
Christmas payment to union pensioners.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 91
- Accountability: 68
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -71.1%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 2.55; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 34.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -32.8% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -14.8% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 13 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $130K · 15 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2009 to 2010
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 7 of 9 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Part IX CompCurrentOfficersDirectors column sum did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.