GENERAL BUILDING LABORERS UNION LOCAL 66 BUILDING CORP (EIN 112506183) - 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

1979

Legal Domicile

Principal Officer

VINCENT ALU

Phone

6312491110

Tax Period

2025-01-01 to 2025-12-31

GENERAL BUILDING LABORERS UNION LOCAL 66 BUILDING CORP, founded in 1979, is a small nonprofit that reported $341K in total revenue in fiscal year 2025. Revenue fell 27% from the prior year — a significant decline worth monitoring. Net assets of $3.9M represent 137 months of operating reserves.

Mission

ESTABLISHED AS A NOMINEE OF THE UNION TO HOLD TITLE TO REAL ESTATE.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $239,631

Investment Income $46,370

Other Revenue $55,026

TOTAL REVENUE $341,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $338,432

TOTAL EXPENSES $338,432

Year-over-Year Comparison

	2025	2024	Change
Revenue	$341,027	$468,718	-0.3%
Expenses	$338,432	$248,919	+0.4%
Net Income	$2,595	$219,799	-1.0%

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

N/A

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

Total Directors

$523,637

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCENT ALU	TREASURER	0.50	Director	$0	$111,448	$279,050
ANTHONY SPEZIALE	PRESIDENT	0.50	Director	$0	$101,602	$243,587
JOSHUA SLAUGHTER	VICE PRES/REC SECRETARY	0.50	Director	$0	$0	$1,000

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	$341,027	$338,432	$3,897,072	$2,595
2024	$468,718	$248,919	$3,821,127	$219,799
2023	$462,744	$281,340	$3,560,572	$181,404
2022	$457,453	$165,307	$3,330,049	$292,146
2021	$414,945	$187,252	$3,222,583	$227,693
2020	$294,364	$232,801	$2,998,344	$61,563
2019	$499,451	$146,033	$2,931,806	$353,418
2018	$497,728	$173,022	$2,574,127	$324,706

GENERAL BUILDING LABORERS UNION LOCAL 66 BUILDING CORP