COMMUNICATION WORKERS OF AMERICA LOCAL 1104 (EIN 111982067) - 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

1962

Legal Domicile

Principal Officer

MICHAEL IPPOLITI

Phone

5164201104

Tax Period

2024-10-01 to 2025-09-30

COMMUNICATION WORKERS OF AMERICA LOCAL 1104, founded in 1962, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $4.4M left a modest 8% surplus.

Mission

THE OBJECTIVES OF THE UNION AS THE REPRESENTATIVE OF ITS MEMBERS ARE TOIMPROVE WORKING CONDITIONS AND LIVING STANDARDS OF MEMBERS THROUGHCOLLECTIVE BARGAINING, EDUCATION, TRAINING AND EMPLOYEE BENEFITS AND TOESTABLISH NECESSARY PROCEDURES FOR THE AMICABLE ADJUSTMENT OF ALLDISPUTES WHICH MAY ARISE BETWEEN EMPLOYERS AND EMPLOYEES.

🔒

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 $7,500

Program Service Revenue $4,566,164

Investment Income $217,717

Other Revenue $0

TOTAL REVENUE $4,791,381

Expense Breakdown

Grants Paid $21,000

Salaries & Benefits $2,531,699

Fundraising Expenses $0

Other Expenses $1,865,480

TOTAL EXPENSES $4,418,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,791,381	$4,081,161	+0.2%
Expenses	$4,418,179	$4,172,655	+0.1%
Net Income	$373,202	$-91,494	-5.1%

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

122

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

$594,529

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL PRESTI	BUSINESS AGENT	39.00	Highest	$164,562	$3,837	$168,399
THOMAS FINN	BUSINESS AGENT	39.00	Highest	$165,131	$1,611	$166,742
GEORGE W MAGNUSON	BUSINESS AGENT	39.00	Highest	$160,073	$774	$160,847
MICHAEL IPPOLITI	PRESIDENT	39.00	Officer	$159,272	$1,107	$160,379
CHRISTOPHER BLOM	SECRETARY/TREASURER	39.00	Officer	$156,168	$3,283	$159,451
ANDREW DOBBYN	EXECUTIVE VICE PRESIDENT	39.00	Officer	$109,572	$28,711	$138,283
RICHARD W O'NEILL	EXECUTIVE VICE PRESIDENT	39.00	Officer	$135,320	$1,096	$136,416
HEATHE A LAKE	SECRETARY	39.00	Highest	$116,551	$1,096	$117,647

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	$4,791,381	$4,418,179	$6,648,810	$373,202
2024	$4,081,161	$4,172,655	$6,240,247	$-91,494
2023	$3,805,577	$4,244,742	$6,160,080	$-439,165
2022	$3,729,743	$4,093,147	$6,507,999	$-363,404
2021	$3,962,385	$3,563,411	$7,242,172	$398,974
2020	$4,066,502	$3,574,492	$6,907,145	$492,010
2019	$3,660,054	$3,597,126	$6,295,295	$62,928

COMMUNICATION WORKERS OF AMERICA LOCAL 1104