INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 559

EIN: 060251543

BLOOMFIELD, CT

Total Revenue
$210,904
Total Expenses
$208,177
Total Assets
N/A
Net Assets
N/A
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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
1939
Legal Domicile
CT
Principal Officer
DAVID LUCAS
Phone
8602423200
Tax Period
2019-01-01 to 2019-04-30

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 559, founded in 1939, is a small nonprofit that reported $211K in total revenue in fiscal year 2019. Revenue fell 63% from the prior year — a significant decline worth monitoring.

Mission

LABOR UNION

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $208,868
Investment Income $467
Other Revenue $1,569
TOTAL REVENUE $210,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,817
Fundraising Expenses $0
Other Expenses $106,360
TOTAL EXPENSES $208,177

Year-over-Year Comparison

2019 2018 Change
Revenue $210,904 $575,541 -0.6%
Expenses $208,177 $613,579 -0.7%
Net Income $2,727 $-38,038 -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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
11
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LUCAS (FORMER) TRUSTEE 4.00
Director
$0 $0 $0
THOMAS CONELIAS (FORMER) TRUSTEE 4.00
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
2019 $210,904 $208,177 No data $2,727
2018 $575,541 $613,579 $199,388 $-38,038
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