INDEPENDENT MAINTENANCE & SERVICE EMPLOYEES OF AMERICA

EIN: 042168505

WELLESLEY, MA

Total Revenue
$111,515
Total Expenses
$69,479
Total Assets
$1,382,266
Net Assets
$1,382,266
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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
1942
Legal Domicile
MA
Principal Officer
BRIAN SULLIVAN
Phone
7812832777
Tax Period
2023-07-01 to 2024-06-30

INDEPENDENT MAINTENANCE & SERVICE EMPLOYEES OF AMERICA, founded in 1942, is a small nonprofit that reported $112K in total revenue in fiscal year 2023. The organization ran a surplus of $42K, a strong 38% operating margin.

Mission

TO IMPROVE AND MAINTAIN A HIGH LEVEL OF ECONOMIC WELFARE OF IT'S 231 MEMBERS AND TO PROMOTE SOCIAL, EDUCATIONAL AND COMMUNITY ACTIVITIES.

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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 $98,285
Investment Income $13,230
Other Revenue $0
TOTAL REVENUE $111,515

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,281
Fundraising Expenses $0
Program Expenses $12,661
Other Expenses $48,898
TOTAL EXPENSES $69,479

Year-over-Year Comparison

2023 2022 Change
Revenue $111,515 $116,495 0.0%
Expenses $69,479 $85,377 -0.2%
Net Income $42,036 $31,118 +0.4%
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
12
Independent Members
12
Employees
5
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
4
$8,986
Total Directors
10
$9,999
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA DIGGINS BUSINESS AGENT 20.00
Director
$5,071 $0 $5,071
BRIAN SULLIVAN Treasurer 10.00
Officer
$3,625 $0 $3,625
MAUREEN SULLIVAN Secretary 5.00
Officer
$2,608 $0 $2,608
RICH MCGRATH President 10.00
Officer
$2,173 $0 $2,173
ANGELA TEBBETTS ASS. BUSINESS A 6.00
Director
$1,449 $0 $1,449
ANDREW FRASER Trustee 1.00
Director
$580 $0 $580
GLORIA FIGUEROA Trustee 1.00
Director
$580 $0 $580
MIKE BROSSI Trustee 1.00
Director
$580 $0 $580
ELDER RIVERA Trustee 1.00
Director
$580 $0 $580
JEFF KOHN Trustee 0.00
Director
$580 $0 $580
DAN SAPONARO Vice President 3.00
Officer
$580 $0 $580
KATIE TSAVDARIDES Trustee 1.00
Director
$579 $0 $579
Alfredo de Leon Trustee 1.00
Director
$0 $0 $0
PATRICK SULLIVAN 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 $111,515 $69,479 $1,382,266 $42,036
2023 $116,495 $85,377 $1,340,801 $31,118
2022 $119,379 $64,226 $1,309,112 $55,153
2021 $123,891 $49,290 $1,253,959 $74,601
2020 $136,760 $98,742 $1,179,358 $38,018
2019 $144,876 $55,541 $1,141,910 $89,335
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