THE NEW BEDFORD POLICE UNION

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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

Legal Domicile

Principal Officer

EVAN BIELSKI

Phone

5089974635

Tax Period

2023-01-01 to 2023-12-31

THE NEW BEDFORD POLICE UNION is a small nonprofit in the Employment sector that reported $670K in total revenue in fiscal year 2023. The organization ran a surplus of $119K, a strong 18% operating margin.

Mission

TO UNITE THE MEMBERS OF THE NEW BEDFORD POLICE DEPARTMENT IN ORDER TO PROMOTE FRIENSHIP AND GOOD FELLOWSHIP AMONG ITS MEMBERS AND IN DOING SO FURTHER PROMOTE THE AIMS AND INTERESTS OF ITS MEMBERS IN ANY AND ALL WAYS CONSISTENT WITH GOOD ORDER.

Program Service Accomplishments

Program 1

Expenses: $461,834 Revenue: $627,015

TO PROVIDE BENEFITS, SCHOLARSHIPS, CONTRIBUTIONS & ATHLETIC FUNDING.

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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 $0

Program Service Revenue $627,015

Investment Income $28,348

Other Revenue $14,421

TOTAL REVENUE $669,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,145

Fundraising Expenses $0

Program Expenses $461,834

Other Expenses $164,903

TOTAL EXPENSES $551,223

Year-over-Year Comparison

	2023	2022	Change
Revenue	$669,784	$649,297	+0.0%
Expenses	$551,223	$619,679	-0.1%
Net Income	$118,561	$29,618	+3.0%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$34,145

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVAN BIELSKI	PRESIDENT	10.00	Officer	$10,000	$0	$10,000
ARTHUR HEGARTY	VICE PRESIDENT	10.00	Officer	$7,500	$0	$7,500
BRIAN REI	TREASURER	10.00	Officer	$9,500	$0	$9,500
LEANNE FISHER	RECORDING SECRETARY	10.00	Officer	$2,000	$0	$2,000
PATRICK REEDY	CHIEF SHOP STEWARD	10.00	Officer	$2,000	$0	$2,000
ANTHONY ESTEVES	DIRECTOR	10.00	Officer	$599	$0	$599
JAMES ESTRELLA	DIRECTOR	10.00	Officer	$599	$0	$599
LORENZO GONZALEZ	DIRECTOR	10.00	Officer	$599	$0	$599
STEVE WADMAN	DIRECTOR	10.00	Officer	$599	$0	$599
THOMAS CHEVALIER	DIRECTOR	10.00	Officer	$599	$0	$599
ANDREW RYDER	DIRECTOR	10.00	Officer	$150	$0	$150

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	$669,784	$551,223	$808,089	$118,561
2022	$649,297	$619,679	$692,187	$29,618
2021	$687,613	$697,480	$740,069	$-9,867
2020	$700,715	$654,168	$722,104	$46,547
2019	$810,561	$756,402	$677,793	$54,159
2018	$847,630	$889,576	$593,887	$-41,946