INTERNATIONAL ASSOCIATION HEAT & FROST INSULATORS LOCAL 33 (EIN 060386905) - 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

1913

Legal Domicile

Principal Officer

DONALD SCOOPO

Phone

2032656376

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION HEAT & FROST INSULATORS LOCAL 33, founded in 1913, is a small nonprofit that reported $577K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE AND PROTECT THE INTEREST OF MEMBERS WHILE HELPING TO ELEVATE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS.

🔒

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 $508,061

Investment Income $4,245

Other Revenue $64,353

TOTAL REVENUE $576,659

Expense Breakdown

Grants Paid $9,092

Salaries & Benefits $302,238

Fundraising Expenses $0

Other Expenses $245,190

TOTAL EXPENSES $563,595

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,659	$607,871	-0.1%
Expenses	$563,595	$646,121	-0.1%
Net Income	$13,064	$-38,250	-1.3%

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

N/A

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

$242,763

Total Directors

$8,346

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID HARRELL	EXEC BOARD	2.00	Director	$1,800	$0	$1,800
FRANK MALONEY	EXEC BOARD	2.00	Director	$1,524	$0	$1,524
PETER BIRRITELLA	RECORDING SECRETARY	2.00	Director	$557	$0	$557
RICHARD CELLAR	EXEC BOARD/TRUSTEE	2.00	Director	$2,048	$0	$2,048
STEVE LAVOIE	EXEC BOARD	2.00	Director	$926	$0	$926
DOMINIC BASILICATO	EXEC BOARD	2.00	Director	$1,491	$0	$1,491
MARK LANGAN	TRUSTEE	2.00	Director	$0	$0	$0
CARLOS VARGAS	EXEC BOARD	2.00	Director	$0	$0	$0
JOHN HOEY	PRESIDENT/TRUSTEE	40.00	Officer	$7,351	$16,798	$24,149
NICHOLAS HOYT	PRESIDENT/VP/TRUSTEE	2.00	Officer	$2,640	$0	$2,640
DONALD SCOOPO	BUSINESS MANAGER/FST	40.00	Officer	$125,912	$89,411	$215,323
PAUL CREECH	SGT AT ARMS	2.00	Officer	$651	$0	$651
CARSON FOURNIER	SGT AT ARMS (P)	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
2024	$576,659	$563,595	$535,009	$13,064
2023	$607,871	$646,121	$522,099	$-38,250
2022	$586,560	$657,128	$559,584	$-70,568
2021	$503,994	$602,970	$630,152	$-98,976
2020	$498,160	$500,434	$729,128	$-2,274
2019	$735,786	$575,519	$731,402	$160,267
2018	$577,661	$528,555	$572,033	$49,106

INTERNATIONAL ASSOCIATION HEAT & FROST INSULATORS LOCAL 33