ENGLEWOOD CLIFFS, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ELEVATOR CONSTRUCTORS LOCAL NO 1 EDUCATION & APPRENTICE TRAINING FUND, founded in 2000, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $606K, a strong 20% operating margin.
THE MISSION OF THE FUND IS TO PROVIDE COURSES OF TRAINING AND EDUCATION FOR ELEVATOR APPRENTICES TO BECOME ELEVATOR MECHANICS AND PROVIDE AN OPPORTUNITY FOR MECHANICS TO IMPROVE THEIR SKILLS AND LEARN NEW TECHNIQUES.
THE PURPOSE OF THE FUND IS TO PROVIDE COURSES OF TRAINING AND EDUCATION FOR ELEVATOR APPRENTICES TO BECOME ELEVATOR MECHANICS AND PROVIDE AN OPPORTUNITY FOR MECHANICS TO IMPROVE THEIR SKILLS AND...
THE PURPOSE OF THE FUND IS TO PROVIDE COURSES OF TRAINING AND EDUCATION FOR ELEVATOR APPRENTICES TO BECOME ELEVATOR MECHANICS AND PROVIDE AN OPPORTUNITY FOR MECHANICS TO IMPROVE THEIR SKILLS AND LEARN NEW TECHNIQUES. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE TO BE USED ONLY FOR THIS PURPOSE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,085,536 | $1,904,585 | +0.6% |
| Expenses | $2,479,917 | $1,595,135 | +0.6% |
| Net Income | $605,619 | $309,450 | +1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LEONARD LEGOTTE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DENNIS KILDUFF | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH HARRISON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN TOMASINO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN SOUTAR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICH CASTLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES O'CONNELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE PIRONE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL RIEGGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW SCHRETTNER | APPRENTICESHIP COORDINATOR | 45.00 |
Key Emp
|
$155,656 | $60,327 | $215,983 |
| BRENDAN LOFTUS | DIRECTOR MEMBER ASSISTANCE | 45.00 |
Key Emp
|
$207,987 | $80,609 | $288,596 |
| JOHN HOOK | DIRECTOR SAFETY EDUCATION | 45.00 |
Key Emp
|
$203,466 | $78,857 | $282,323 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,085,536 | $2,479,917 | $3,943,743 | $605,619 |
| 2022 | $1,904,585 | $1,595,135 | $3,853,171 | $309,450 |
| 2021 | $1,608,868 | $1,273,082 | $2,066,439 | $335,786 |
| 2020 | $1,590,798 | $1,285,957 | $1,706,977 | $304,841 |
| 2019 | $1,596,532 | $1,297,119 | $1,310,577 | $299,413 |
| 2018 | $1,410,244 | $1,216,098 | $990,699 | $194,146 |
Compare ELEVATOR CONSTRUCTORS LOCAL NO 1 EDUCATION & APPRENTICE TRAINING FUND with other nonprofits in New Jersey and across the country.