AFSCME RHODE ISLAND RETIREE CHAPTER 94 (EIN 050386322) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

MICHAEL CONNOLLY

Phone

4016422434

Tax Period

2024-01-01 to 2024-12-31

AFSCME RHODE ISLAND RETIREE CHAPTER 94, founded in 1980, is a small nonprofit in the Employment sector that reported $146K in total revenue in fiscal year 2024. Expenses of $214K exceeded revenue, resulting in a 47% operating deficit.

Mission

AFSCME RHODE ISLAND RETIREE CHAPTER 94 WORKS IN CONJUNCTION WITH AFSCME RHODE ISLAND COUNCIL 94 PUBLIC EMPLOYEE WORKERS UNION, AND PROVIDES A VOICE TO PUBLIC WORKER RETIREES TO HELP PROTECT SOCIAL SECURITY, MEDICARE AND OTHER RETIREE BENEFITS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $135,193

Investment Income $10,402

Other Revenue $0

TOTAL REVENUE $145,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,774

Fundraising Expenses $0

Program Expenses $213,685

Other Expenses $150,538

TOTAL EXPENSES $213,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$145,595	$140,411	+0.0%
Expenses	$213,685	$189,589	+0.1%
Net Income	$-68,090	$-49,178	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOLORES BRESETTE	EXEC. BOARD MEMBER	5.00	Director	$0	$0	$0
MARY RILEY	EXEC. BOARD MEMBER	5.00	Director	$0	$0	$0
JAIME REILLY	EXEC. BOARD MEMBER	5.00	Director	$0	$0	$0
PEARL SMITH	EXEC. BOARD MEMBER	5.00	Director	$0	$0	$0
MICHAEL CONNOLLY	PRESIDENT	20.00	Officer	$0	$0	$0
RONALD PEPIN	VICE PRESIDENT	10.00	Officer	$0	$0	$0
RUSSELL MARSOCCI	VICE PRESIDENT	10.00	Officer	$0	$0	$0
LINDA FOLCARELLI	TREASURER	10.00	Officer	$0	$0	$0
DONNA FOLCARELLI	SECRETARY	10.00	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	$145,595	$213,685	$518,848	$-68,090
2023	$140,411	$189,589	$586,418	$-49,178
2022	$154,130	$147,790	$635,657	$6,340
2021	$155,570	$127,071	$628,351	$28,499
2020	$165,535	$99,774	$600,656	$65,761

AFSCME RHODE ISLAND RETIREE CHAPTER 94