TEAMSTERS UNION LOCAL NO 170

EIN: 041914280

WORCESTER, MA

Total Revenue
$3,787,551
Total Expenses
$3,381,094
Total Assets
$4,142,759
Net Assets
$4,142,759
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
MA
Principal Officer
SHANNON GEORGE
Phone
5087990551
Tax Period
2024-01-01 to 2024-12-31

TEAMSTERS UNION LOCAL NO 170, founded in 1933, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Expenses of $3.4M left a modest 11% surplus.

Mission

TO ORGANIZE ALL WORKERS AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH NEGOTIATIONS AND COLLECTIVE BARGAINING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,541,805
Investment Income $171,811
Other Revenue $73,935
TOTAL REVENUE $3,787,551

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,625,359
Fundraising Expenses $0
Other Expenses $1,431,727
TOTAL EXPENSES $3,381,094

Year-over-Year Comparison

2024 2023 Change
Revenue $3,787,551 $3,579,284 +0.1%
Expenses $3,381,094 $3,445,531 0.0%
Net Income $406,457 $133,753 +2.0%
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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Governance

Voting Members
7
Independent Members
7
Employees
23
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
12
$1,043,209
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON GEORGE SECRETARY TREASURER 40.00
Officer
$142,989 $53,721 $196,710
JOHN REARDON PRESIDENT 1.00
Officer
$9,423 $0 $9,423
MICHAEL DAVIS VICE PRESIDENT 1.00
Officer
$9,024 $0 $9,024
JAMES D MARKS BUSINESS AGENT 40.00
Officer
$142,867 $53,721 $196,588
ROBERT D'ARMAGNAC TRUSTEE 1.00
Officer
$3,008 $0 $3,008
SEAN FOLEY BUSINESS AGENT 40.00
Officer
$143,561 $53,721 $197,282
KENNETH BERGEN BUSINESS AGENT 40.00
Officer
$142,861 $53,721 $196,582
ELIAS M GILLEN BUSINESS AGENT 40.00
Officer
$144,454 $53,721 $198,175
SAL MOLINARI TRUSTEE 1.00
Officer
$6,537 $0 $6,537
BRIAN COLONNA TRUSTEE 1.00
Officer
$9,752 $0 $9,752
LAURA O'KEEFE TRUSTEE 1.00
Officer
$9,948 $0 $9,948
ALYSSA DUFFY RECORDING SECRETARY 1.00
Officer
$10,180 $0 $10,180
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 $3,787,551 $3,381,094 $4,142,759 $406,457
2023 $3,579,284 $3,445,531 $3,775,736 $133,753
2022 $3,352,604 $3,217,593 $3,559,153 $135,011
2021 $3,257,978 $3,006,302 $3,805,528 $251,676
2020 $2,980,256 $2,842,181 $3,609,495 $138,075
2019 $2,963,876 $3,137,832 $3,335,009 $-173,956
2018 $3,078,736 $2,927,796 $3,228,800 $150,940
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