AMALGAMATED TRANSIT UNION LOCAL 425

EIN: 060241076

EAST HARTFORD, CT

Total Revenue
$505,052
Total Expenses
$505,146
Total Assets
$724,146
Net Assets
$724,132
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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
1906
Legal Domicile
CT
Principal Officer
ARTAN MARTINAJ
Phone
8602829933
Tax Period
2023-01-01 to 2023-12-31

AMALGAMATED TRANSIT UNION LOCAL 425, founded in 1906, is a small nonprofit that reported $505K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO ORGANIZE TRANSIT BUS COMPANY EMPLOYEES AND SECURE FOR THEM THROUGH THE COLLECTIVE BARGAINING PROCESS PROCESS, IMPROVED WAGES, BENEFITS AND WORKING CONDITIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $492,426
Program Service Revenue $0
Investment Income $8,188
Other Revenue $4,438
TOTAL REVENUE $505,052

Expense Breakdown

Grants Paid $0
Salaries & Benefits $217,594
Fundraising Expenses $0
Other Expenses $287,552
TOTAL EXPENSES $505,146

Year-over-Year Comparison

2023 2022 Change
Revenue $505,052 $436,338 +0.2%
Expenses $505,146 $537,938 -0.1%
Net Income $-94 $-101,600 -1.0%
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

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Governance

Voting Members
12
Independent Members
5
Employees
19
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
3
$151,998
Total Directors
11
$179,559
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTAN MARTINAJ BUSINESS AGE 50.00
Officer Director
$114,509 $0 $114,509
MARIA MALDONADO TREASURER 15.00
Officer Director
$21,729 $0 $21,729
DANIEL W BRADFORD E-BOARD MEMB 1.00
Director
$1,222 $0 $1,222
JASMIN A RIVERA E-BOARD MEMB 6.00
Director
$9,005 $0 $9,005
ASHLEY MCBRIDE E-BOARD MEMB 1.00
Director
$1,222 $0 $1,222
STEFAN SHAIPIRO E-BOARD MEMB 1.00
Director
$176 $0 $176
ANTHONY G MASON PRESIDENT 11.00
Officer Director
$15,760 $0 $15,760
HAROLD SMITH VICE PRESIDE 6.00
Director
$9,116 $0 $9,116
SOPHEIS HARRELL E-BOARD MEMB 1.00
Director
$1,671 $0 $1,671
ROSALINDA ORTIZ E-BOARD MEMB 1.00
Director
$1,123 $0 $1,123
STEFAN RUCO E-BOARD MEMB 3.00
Director
$4,026 $0 $4,026
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 No data No data No data No data
2023 $505,052 $505,146 $724,146 $-94
2022 $436,338 $537,938 $724,231 $-101,600
2021 $447,759 $375,917 $826,351 $71,842
2020 $491,755 $400,070 $754,147 $91,685
2019 $514,064 $475,894 $662,307 $38,170
2018 $521,212 $391,720 $624,156 $129,492
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