OFFICE & PROFESSIONAL EMPLOYEES OPEIU LOCAL 600 (EIN 042935859) - 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

1980

Legal Domicile

Principal Officer

MICHAEL FERNANDEZ

Phone

6172695280

Tax Period

2024-01-01 to 2024-12-31

OFFICE & PROFESSIONAL EMPLOYEES OPEIU LOCAL 600, founded in 1980, is a small nonprofit that reported $492K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $422K left a modest 14% surplus.

Mission

PROMOTE THE IDEALS AS STATED IN THE CONSTITUTION AND BYLAWS

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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 (2024)

Revenue Breakdown

Contributions & Grants $458,902

Program Service Revenue $0

Investment Income $13,343

Other Revenue $19,750

TOTAL REVENUE $491,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,796

Fundraising Expenses $0

Program Expenses $381,146

Other Expenses $225,974

TOTAL EXPENSES $421,770

Year-over-Year Comparison

	2024	2023	Change
Revenue	$491,995	$394,455	+0.2%
Expenses	$421,770	$360,862	+0.2%
Net Income	$70,225	$33,593	+1.1%

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

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

$181,503

Total Directors

$181,503

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FERNANDEZ	PRESIDENT	40.00	Officer Director	$152,405	$0	$152,405
JEREMIAH AHERN	SECRETARY TR	8.00	Officer Director	$29,098	$0	$29,098
KENNETH SHRUHAN	EXECUTIVE BO	1.00	Director	$0	$0	$0
LARRY JACOBS	EXECUTIVE BO	1.00	Director	$0	$0	$0
JAMES ZUPPE	EXECUTIVE BO	1.00	Director	$0	$0	$0
PATRICK CULLEN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
ANTHONY PIGHT	EXECUTIVE BO	1.00	Director	$0	$0	$0
FESTUS OGUNSANYA	EXECUTIVE BO	1.00	Director	$0	$0	$0
STEPHEN NOCELLA	RECORDING SE	2.00	Officer Director	$0	$0	$0
JARED WHITAKER	EXECUTIVE BO	1.00	Director	$0	$0	$0
TREVOR ALLEN	EXECUTIVE BO	1.00	Director	$0	$0	$0
EDWARD LUNA	EXECUTIVE BO	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
2024	$491,995	$421,770	$693,605	$70,225
2023	$394,455	$360,862	$621,612	$33,593
2022	$364,517	$344,150	$587,031	$20,367
2021	$382,292	$339,120	$565,583	$43,172
2020	$391,912	$318,337	$522,435	$73,575
2019	$379,345	$316,555	$449,002	$62,790
2018	$353,361	$359,658	$386,863	$-6,297

OFFICE & PROFESSIONAL EMPLOYEES OPEIU LOCAL 600