SPECIALTY TRADES UNION LOCAL 741

EIN: 112689446

EASTCHESTER, NY

Total Revenue
$411,916
Total Expenses
$391,206
Total Assets
$369,074
Net Assets
$369,074
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
MICHAEL PAGAN
Phone
9143670277
Tax Period
2025-01-01 to 2025-12-31

SPECIALTY TRADES UNION LOCAL 741, founded in 2004, is a small nonprofit that reported $412K in total revenue in fiscal year 2025. Expenses of $391K left a modest 5% surplus.

Mission

ORGANIZING LABOR CONTRACT NEGOTIATIONS

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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 (2025)

Revenue Breakdown

Contributions & Grants $411,916
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $411,916

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,819
Fundraising Expenses $0
Program Expenses $391,206
Other Expenses $229,387
TOTAL EXPENSES $391,206

Year-over-Year Comparison

2025 2024 Change
Revenue $411,916 $421,816 0.0%
Expenses $391,206 $271,454 +0.4%
Net Income $20,710 $150,362 -0.9%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
Employees
4
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
4
$50,800
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PAGAN Secretary Treas 0.00
Officer
$35,200 $0 $35,200
ROY VARELA Vice President 0.00
Officer
$15,600 $0 $15,600
MARIA DANCONA Recording Secre 0.00
Officer
$0 $0 $0
NICOLE CASSON President 0.00
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
2025 $411,916 $391,206 $369,074 $20,710
2024 No data No data No data No data
2023 $460,891 $303,978 $198,724 $156,913
2022 $411,957 $346,352 $41,089 $65,605
2021 $322,479 $359,404 $11,079 $-36,925
2020 $340,761 $375,416 $12,870 $-34,655
2019 $429,782 $400,338 $47,301 $29,444
2018 $448,233 $470,931 $17,950 $-22,698
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