UTILITY CONTRACTORS ASSOCIATION OF NEW ENGLAND INC (EIN 042385721) - Form 990 Financial Analysis & Trantor Score

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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

1954

Legal Domicile

Principal Officer

JOSEPH NOLAN

Phone

6174719955

Tax Period

2023-01-01 to 2023-12-31

UTILITY CONTRACTORS ASSOCIATION OF NEW ENGLAND INC, founded in 1954, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $265K, a strong 17% operating margin.

Mission

EDUCATE MEMBERS/PROMOTE INDUSTRY

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $473,740

Program Service Revenue $1,001,087

Investment Income $99,894

Other Revenue $0

TOTAL REVENUE $1,574,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $705,430

Fundraising Expenses $0

Program Expenses $949,886

Other Expenses $604,014

TOTAL EXPENSES $1,309,444

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,574,721	$1,444,145	+0.1%
Expenses	$1,309,444	$1,249,134	+0.0%
Net Income	$265,277	$195,011	+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

Governance

Voting Members

Independent Members

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

$153,193

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY MAHONEY	EXECUTIVE DI	40.00	Officer	$102,712	$0	$102,712
JOSEPH NOLAN	EXECUTIVE DI	40.00	Officer	$50,481	$0	$50,481
BRIAN COONEY	PRESIDENT-EL	5.00	Officer	$0	$0	$0
RYAN MCCOURT	PRESIDENT	5.00	Officer	$0	$0	$0
QUERINO PACELLA	SECRETARY	50.00	Officer	$0	$0	$0
CHRIS VALENTI	TREASURER	5.00	Officer	$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
2024	No data	No data	No data	No data
2023	$1,574,721	$1,309,444	$3,058,788	$265,277
2022	$1,444,145	$1,249,134	$2,786,231	$195,011
2021	$1,139,323	$1,060,968	$2,709,773	$78,355
2020	$1,016,016	$1,053,855	$2,706,893	$-37,839
2019	$1,412,059	$1,279,638	$2,662,053	$132,421
2018	$1,373,160	$1,222,306	$2,466,434	$150,854

UTILITY CONTRACTORS ASSOCIATION OF NEW ENGLAND INC