TRUCK DRIVERS CHAUFFEURS & HELPERS UNION LOCAL 42 (EIN 041894980) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1903

Legal Domicile

Principal Officer

JOSEPH BENEVENTO

Phone

7815982360

Tax Period

2023-01-01 to 2023-12-31

TRUCK DRIVERS CHAUFFEURS & HELPERS UNION LOCAL 42, founded in 1903, is a small nonprofit that reported $594K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

ASSIST WORKERS MAKING EVERY EFFORT TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES THROUGH LABOR ORGANIZATION, CONTRACT NEGOTIATIONS, AND COLLECTIVE BARGAINING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $584,320

Investment Income $3,004

Other Revenue $6,811

TOTAL REVENUE $594,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $341,887

Fundraising Expenses $0

Program Expenses $504,006

Other Expenses $291,236

TOTAL EXPENSES $633,123

Year-over-Year Comparison

	2023	2022	Change
Revenue	$594,135	$629,894	-0.1%
Expenses	$633,123	$580,853	+0.1%
Net Income	$-38,988	$49,041	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$187,385

Total Directors

$204,505

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH BENEVENTO	PRESIDENT/ BUSINESS AGENT	40.00	Officer Director	$117,565	$50,470	$168,035
THOMAS EATON	VICE PRESIDENT	1.00	Officer Director	$3,600	$0	$3,600
HAROLD ROBERTS	SECRETARY TREAS/BUSINESS A	40.00	Officer Director	$5,490	$0	$5,490
DAVID ZAREMBA	RECORDING SECRETARY	1.00	Director	$4,450	$0	$4,450
KEVIN DOUCETTE	TRUSTEE	1.00	Director	$1,050	$0	$1,050
MICHAEL CHANE	SECRETARY TREAS/BUSINESS A	40.00	Officer Director	$5,300	$0	$5,300
JOHN STRINGER	VICE PRESIDENT	1.00	Officer Director	$4,960	$0	$4,960
EDWARD QUINTERO	TRUSTEE	1.00	Director	$2,100	$0	$2,100
RAPHAEL LACERDA	SERGEANT AT ARMS	1.00	Director	$686	$0	$686
JOHN MELLO	SERGEANT AT ARMS	1.00	Director	$350	$0	$350
DANIELLE SAWYER	TRUSTEE	1.00	Director	$5,334	$0	$5,334
ROBERT SMITH JR	TRUSTEE	1.00	Director	$3,150	$0	$3,150

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
2024	No data	No data	No data	No data
2023	$594,135	$633,123	$788,744	$-38,988
2022	$629,894	$580,853	$821,304	$49,041
2021	$615,003	$649,303	$772,263	$-34,300
2020	$1,212,468	$773,490	$806,563	$438,978
2019	$788,782	$780,932	$367,585	$7,850
2018	$779,394	$761,368	$359,735	$18,026

TRUCK DRIVERS CHAUFFEURS & HELPERS UNION LOCAL 42