INTERNATIONAL BROTHERHOOD OF BOILERMAKERS # 614

EIN: 060728257

GROTON, CT

Total Revenue
$892,533
Total Expenses
$693,155
Total Assets
$1,594,458
Net Assets
$1,594,458
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
CT
Principal Officer
SHANE GILLIGAN
Phone
8604451120
Tax Period
2024-07-01 to 2025-06-30

INTERNATIONAL BROTHERHOOD OF BOILERMAKERS # 614, founded in 1944, is a small nonprofit that reported $893K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $199K, a strong 22% operating margin.

Mission

THE UNION WAS FORMED TO REPRESENT CERTAIN PERSONNEL AT GENERAL DYNAMICS ELECTRIC BOAT LOCATED IN GROTON, COONNECTICUT FOR PURPOSES SUCH AS BARGAINING, PROCEDURES, DISCIPLINE, AND CONTRACTUAL OBLIGATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $878,490
Program Service Revenue $0
Investment Income $12,564
Other Revenue $1,479
TOTAL REVENUE $892,533

Expense Breakdown

Grants Paid $1,640
Salaries & Benefits $71,931
Fundraising Expenses $0
Program Expenses $693,155
Other Expenses $619,584
TOTAL EXPENSES $693,155

Year-over-Year Comparison

2024 2023 Change
Revenue $892,533 $794,146 +0.1%
Expenses $693,155 $609,773 +0.1%
Net Income $199,378 $184,373 +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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
24
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
6
$17,504
Total Directors
4
$2,929
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM DESAUTELS INSPECTOR 0.71
Director
$1,362 $0 $1,362
JEFFREY JORDAN TRUSTEE 0.63
Director
$449 $0 $449
DAVID ROSE TRUSTEE 0.66
Director
$583 $0 $583
JORGE MORALES TRUSTEE 0.73
Director
$535 $0 $535
PATRICK JOYCE PRESIDENT 1.45
Officer
$5,358 $0 $5,358
WENDY GENTILE RECORDING SECRETARY 1.01
Officer
$2,660 $0 $2,660
WILLIAM LICCIARDI VICE-PRESIDENT 0.87
Officer
$1,533 $0 $1,533
GREGORY BELL SECY./TREAS. 0.77
Officer
$1,631 $0 $1,631
SHANE GILLIGAN BUSINESS MANAGER 35.00
Officer
$6,066 $0 $6,066
ANDREA CHABOTTE RECORDING SECRETARY 0.53
Officer
$256 $0 $256
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 $892,533 $693,155 $1,594,458 $199,378
2024 $794,146 $609,773 $1,395,080 $184,373
2023 $615,017 $548,305 $1,210,708 $66,712
2022 $487,951 $438,257 $1,143,996 $49,694
2021 $455,792 $400,070 $1,094,302 $55,722
2020 $485,875 $468,020 $1,038,580 $17,855
2019 $492,980 $389,567 $1,020,724 $103,413
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