Plumbers & Pipefitters Local 51 Realty Corp
501(c)(2)
Only null% goes to programs Strong reserves
Plumbers & Pipefitters Local 51 Realty Corp is a 501(c)(2) organization based in Riverside, Rhode Island, registered in 1992, with $288,943 in FY2024 revenue. CharityIndex grades it D.
11 Hemingway Dr, Riverside, RI, 02915 EIN 05-0452545 Since 1992
Revenue (FY2024)
$289K
▲ 2.1% vs prior year
Expenses (FY2024)
$434K
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Plumbers & Pipefitters Local 51 Realty Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating101 mo reserves · -50% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Plumbers & Pipefitters Local 51 Realty Corp: 101 mo reserves · -50% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Plumbers & Pipefitters Local 51 Realty Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Plumbers & Pipefitters Local 51 Realty Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 11 Hemingway Dr, Riverside, RI, 02915
- City
- Riverside
- State
- Rhode Island
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue held steady from $289K (FY2013) to $289K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.6M
Operating margin
-50.1%
Spent more than it raised in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $288,943▲2.1% | $433,596▲10.5% | $3,640,547▼7.7% | $3,640,547▼7.7% | 990 |
| 2022 | $283,019▼0.5% | $392,497▼11.4% | $3,943,367▼2.7% | $3,943,367▼2.7% | 990 |
| 2021 | $284,381▼0.8% | $443,094▲42.0% | $4,052,845▼3.8% | $4,052,845▼3.8% | 990 |
| 2020 | $286,741▲0.3% | $312,040▼4.1% | $4,213,046▼0.6% | $4,213,046▼0.6% | 990 |
| 2019 | $286,001▼0.3% | $325,245▼18.9% | $4,240,280▼0.8% | $4,240,280▼0.8% | 990 |
| 2018 | $286,736▲0.3% | $401,213▲24.3% | $4,276,480▼2.6% | $4,276,480▼2.6% | 990 |
| 2017 | $285,803▲2.0% | $322,665▼3.5% | $4,390,250▼0.9% | $4,390,250▼0.9% | 990 |
| 2016 | $280,312▲17.5% | $334,341▲8.4% | $4,428,376▼1.2% | $4,428,376▼1.2% | 990 |
| 2015 | $238,540▼17.3% | $308,444▼4.7% | $4,481,449▼1.5% | $4,481,449▼1.5% | 990 |
| 2014 | $288,482▼0.2% | $323,499▲1.0% | $4,551,703▼0.8% | $4,551,703▼0.8% | 990 |
| 2013 | $288,932 | $320,242▼9.4% | $4,586,720▼0.7% | $4,586,720▼0.7% | 990 |
| 2012 | — | $353,534▲15.8% | $4,618,480▼1.4% | $4,618,480▼1.4% | 990 |
| 2011 | — | $305,403 | $4,682,775 | $4,682,775 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Plumbers & Pipefitters Local 51 Realty Corp a legitimate nonprofit?
- Yes. Plumbers & Pipefitters Local 51 Realty Corp is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 05-0452545, based in Riverside, Rhode Island.
- What is Plumbers & Pipefitters Local 51 Realty Corp's EIN?
- Plumbers & Pipefitters Local 51 Realty Corp's Employer Identification Number (EIN) is 05-0452545.
- How much revenue does Plumbers & Pipefitters Local 51 Realty Corp report?
- Plumbers & Pipefitters Local 51 Realty Corp reported $288,943 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers & Pipefitters Local 51 Realty Corp have?
- CharityIndex grades Plumbers & Pipefitters Local 51 Realty Corp D, based on financial health (reserves and operating margin).
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Data for Plumbers & Pipefitters Local 51 Realty Corp (EIN 05-0452545) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.