United Union Of Roofers Water- Proofers & Allied Workers

The information for United Union Of Roofers Water- Proofers & Allied Workers is as of the organization's most recent filing in December '21. This organization is located in Hauppauge, NY. It has been in existence for 21 years, following its founding in 2000.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The United Union Of Roofers Water-Proofers & Allied Workers is a mutual and membership benefit organization with an NTEE code of Y43. The "Y" indicates that the organization falls under the category of Voluntary Employees Beneficiary Associations (Non-Government). The "43" signifies that it is a non-governmental organization that provides life, sick, accident, or other benefits to voluntary members or their dependents. This organization is exempt from federal taxes under section 501(c)(9) of the Internal Revenue Code. Its mission is to provide health, welfare, and vacation benefits to eligible participants in the fund.

Program Areas

The organization's general fund is responsible for providing health and welfare as well as vacation benefits to eligible participants within the fund.

Board Governance

The United Union Of Roofers Water-Proofers & Allied Workers appears to be well-governed based on the information provided. The organization has a relatively small number of voting members, which allows for efficient decision-making and effective governance. Additionally, the fact that four out of the six members are independent suggests that the organization values diverse perspectives and avoids potential conflicts of interest. The organization's commitment to transparency is evident through its documented board and committee meetings. This ensures that all decisions and discussions are recorded, promoting accountability and open communication within the organization. Furthermore, the presence of a conflict of interest policy and the requirement for disclosure of conflicts demonstrate the organization's commitment to ethical practices and avoiding any potential biases. The United Union Of Roofers Water-Proofers & Allied Workers also exhibits good governance practices through its written whistleblower policy and document retention policy. These policies provide protection and encourage the reporting of any misconduct or illegal activities within the organization. Additionally, the substantiation and review of leadership and officer salaries indicate that the organization is committed to fair compensation practices and accountability. Lastly, the organization's practice of providing copies of the 990 to the board prior to filing demonstrates a commitment to transparency and ensuring that the board is well-informed about the organization's financial activities. Overall, the United Union Of Roofers Water-Proofers & Allied Workers appears to have a strong governance structure in place, prioritizing transparency, accountability, and ethical practices.

Organization Growth

The United Union Of Roofers Water-Proofers & Allied Workers nonprofit organization has experienced growth over the given time period. Program Service Revenue increased from $3.0M in 2014 to $4.9M in 2021, indicating an upward trend. Similarly, Investment Income saw an increase from $99 in 2014 to $8.1K in 2021. Total Revenue also grew from $3.0M in 2014 to $4.9M in 2021. Additionally, Benefits Paid to Members increased from $3.0M in 2014 to $4.5M in 2021, suggesting the organization's expansion. Lastly, Total Expenses rose from $3.1M in 2014 to $4.6M in 2021, indicating the organization's growth over the given time period.