INTERNATIONAL UNION OF ELEVATOR

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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

1990

Legal Domicile

Phone

4017389215

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF ELEVATOR, founded in 1990, is a small nonprofit that reported $395K in total revenue in fiscal year 2024. Expenses of $371K left a modest 6% surplus.

Mission

A LABOR UNION THAT PROVIDES BENEFITS TO MEMBERS

Program Service Accomplishments

Program 1

Expenses: $153,835

THE ORGANIZATION PROVIDES HEALTH AND WELLNESS COVERAGE TO MEMBERS. THE ORGANIZATION ALSO DONATES TO OTHER UNIONS, SUCH AS ELECTRICAL UNION AND ELEVATOR UNIONS IN OTHER STATES.

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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 $393,927

Program Service Revenue $0

Investment Income $784

Other Revenue $0

TOTAL REVENUE $394,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,196

Fundraising Expenses $0

Program Expenses $153,835

Other Expenses $36,971

TOTAL EXPENSES $371,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$394,711	$386,419	+0.0%
Expenses	$371,002	$364,481	+0.0%
Net Income	$23,709	$21,938	+0.1%

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

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

$166,921

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alfred P Noons	Business Agent	40.00	Officer	$162,410	$0	$162,410
Anthony Bruno	Treasurer	5.00	Officer	$4,511	$0	$4,511
Larry Smith	Vice-President	2.00	Officer	$0	$0	$0
Michael Silva	President	2.00	Officer	$0	$0	$0
Devin Alessandro	Secretary	2.00	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
2025	No data	No data	No data	No data
2024	$394,711	$371,002	$158,596	$23,709
2023	$386,419	$364,481	$136,886	$21,938
2022	$370,432	$354,519	$132,672	$15,913
2021	$337,757	$348,367	$105,039	$-10,610
2020	$315,727	$326,657	$109,912	$-10,930
2019	$305,703	$311,676	$124,485	$-5,973
2018	$312,195	$304,268	$127,144	$7,927