COMMUNICATION WORKERS OF AMERICA IUE-CWA Local 201

EIN: 042081536

Lynn, MA

Total Revenue
$1,161,520
Total Expenses
$1,172,221
Total Assets
$3,602,882
Net Assets
$3,593,237
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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
Adam Kaszynski
Phone
7815982760
Tax Period
2023-10-01 to 2024-09-30

COMMUNICATION WORKERS OF AMERICA IUE-CWA Local 201, founded in 1933, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $3.6M represent 37 months of operating reserves.

Mission

To organize all workers and to 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 (2023)

Revenue Breakdown

Contributions & Grants $2,550
Program Service Revenue $873,469
Investment Income $144,881
Other Revenue $140,620
TOTAL REVENUE $1,161,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $875,120
Fundraising Expenses $0
Program Expenses $0
Other Expenses $294,101
TOTAL EXPENSES $1,172,221

Year-over-Year Comparison

2023 2022 Change
Revenue $1,161,520 $929,759 +0.2%
Expenses $1,172,221 $1,081,068 +0.1%
Net Income $-10,701 $-151,309 -0.9%
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
14
Independent Members
N/A
Employees
15
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
14
$455,506
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam Kaszynski President/Policy Board 40
Officer
$1,300 $78,209 $79,509
Justin Richards Business Agent/Policy Board 40
Officer
$1,050 $76,883 $77,933
Chris Moody Executive Board 40
Officer
$2,123 $73,144 $75,267
Jefferson Cruz Ruales Vice-President/Policy Board 40
Officer
$0 $60,759 $60,759
Robert Eldridge Executive Board/Policy Board 25
Officer
$17,444 $32,430 $49,874
Arthur Amirault Executive Board/Policy Board 20
Officer
$4,943 $35,949 $40,892
Neftaly Alvarez Treasurer/Policy Board 18
Officer
$2,369 $25,722 $28,091
Carmen DeAngelis Health & Safety Director 4
Officer
$0 $14,933 $14,933
Thomas O'Shea Vice-President/Policy Board 40
Officer
$0 $9,462 $9,462
Jason Daley Chief Steward/Committee Member 15
Officer
$0 $9,418 $9,418
William Stephanides Trustee/Committee Member 6
Officer
$0 $4,446 $4,446
Shawna Bickford Trustee/Policy Board 3
Officer
$0 $1,731 $1,731
Steve Allen Sargent-at-Arms 3
Officer
$0 $1,672 $1,672
Fred Hogan Trustee/Policy Board 3
Officer
$1,519 $0 $1,519
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 $1,161,520 $1,172,221 $3,602,882 $-10,701
2023 $929,759 $1,081,068 $3,614,353 $-151,309
2022 $738,819 $917,720 $3,763,618 $-178,901
2021 $747,041 $817,722 $3,948,344 $-70,681
2020 $969,977 $871,626 $4,011,698 $98,351
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