BOSTON PLASTERERS' & CEMENT MASONS UNION LOCAL 534

EIN: 041103065

BOSTON, MA

Total Revenue
$1,330,749
Total Expenses
$1,391,702
Total Assets
$1,355,696
Net Assets
$1,248,876
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
MA
Principal Officer
JOHN SWEENEY
Phone
6178255200
Tax Period
2023-07-01 to 2024-06-30

BOSTON PLASTERERS' & CEMENT MASONS UNION LOCAL 534, founded in 1915, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

THE OBJECTIVE OF THIS UNION IS TO FURTHER AND PROTECT THE INTERESTS OF ITS MEMBERS AND THE CRAFT IN GENERAL WITH DUE REGARD TO THE CONSTITUTION OF THE UNITED STATES OF AMERICA AND ITS POLITICAL SUBDIVISIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,315,599
Investment Income $15,150
Other Revenue $0
TOTAL REVENUE $1,330,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $704,148
Fundraising Expenses $0
Other Expenses $630,723
TOTAL EXPENSES $1,391,702

Year-over-Year Comparison

2023 2022 Change
Revenue $1,330,749 $1,495,065 -0.1%
Expenses $1,391,702 $1,449,657 0.0%
Net Income $-60,953 $45,408 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
N/A
Employees
8
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$492,053
Total Directors
9
$680,114
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VINCENT DISALVO BUSINESS AGE 39.00
Officer Director
$115,918 $112,893 $243,131
JOHN SWEENEY BUS MANAGER/ 40.00
Officer Director
$120,327 $117,187 $237,514
WILLIAM REDMOND TRUSTEE 1.00
Director
$0 $84,847 $184,562
VICTORIA MIRABELLA RECORDING SE 2.00
Director
$4,306 $5,501 $11,349
JAMES MULCAHY PRESIDENT 2.00
Officer
$2,380 $4,271 $9,866
ERMIR RAMA TRUSTEE 1.00
Director
$0 $1,630 $3,558
JANELLE LEONE VICE PRESIDE 1.00
Officer
$1,542 $0 $1,542
SALVATORE DISALVO SGT. AT ARMS 1.00
Director
$0 $0 $0
CARLOS HERNANDES TRUSTEE 1.00
Officer Director
$0 $0 $0
KEVIN KRULA TRUSTEE 1.00
Director
$0 $0 $0
THOMAS PECKHAM TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,330,749 $1,391,702 $1,355,696 $-60,953
2023 $1,495,065 $1,449,657 $1,451,889 $45,408
2022 $1,501,561 $1,354,995 $1,364,633 $146,566
2021 $1,436,911 $1,307,226 $1,439,011 $129,685
2020 $1,100,062 $1,253,774 $1,136,621 $-153,712
2019 $1,259,075 $998,420 $1,340,582 $260,655
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