FLUSHING, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IBEW DISASTER FUND NYC INC, founded in 2001, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $228 in total revenue in fiscal year 2023. Revenue surged 204% from the prior year, signaling strong growth momentum. The organization ran a surplus of $151, a strong 66% operating margin.
THE CORPORATION PROVIDES FINANCIAL ASSISTANCE TO MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS AND THEIR FAMILIES, WHO HAVE SUFFERED LOSSES THROUGH DEATH WHILE EMPLOYED IN THEIR WORK, AS WELL AS FOR OTHER LOSSES AS DETERMINED BY THE CORPORATION'S BOARD OF DIRECTORS. SUCH FINANCIAL ASSISTANCE IS INTENDED TO BE PROVIDED FOR VARIOUS EXPENSES DEEMED NECESSARY AS A RESULT OF THE LOSS.
THE CORPORATION PROVIDES FINANCIAL ASSISTANCE TO MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS AND THEIR FAMILIES THAT SUFFERED LOSSES THROUGH DEATH WHILE EMPLOYED IN THEIR WORK, AND...
THE CORPORATION PROVIDES FINANCIAL ASSISTANCE TO MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS AND THEIR FAMILIES THAT SUFFERED LOSSES THROUGH DEATH WHILE EMPLOYED IN THEIR WORK, AND OTHER LOSSES AS DETERMINED BY THE CORPORATION'S BOARD OF DIRECTORS.
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 | $228 | $75 | +2.0% |
| Expenses | $77 | $131 | -0.4% |
| Net Income | $151 | $-56 | -3.7% |
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 |
|---|---|---|---|---|---|---|
| THOMAS J CLEARY | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $106,039 | $312,201 |
| LOUIS ALVAREZ | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $21,385 | $21,385 |
| DAMON ARMSTRONG | TREASURER | 1.00 |
Officer
Director
|
$0 | $13,195 | $16,032 |
| MICHAEL LORETO | SECRETARY | 1.00 |
Officer
Director
|
$0 | $13,195 | $14,602 |
| TANYA FERGUSON | DIRECTOR | 1.00 |
Director
|
$0 | $21,385 | $23,905 |
| RICHARD MCSPEDON JR | DIRECTOR | 1.00 |
Director
|
$0 | $104,591 | $298,740 |
| PATRICK MOQUIN | DIRECTOR | 1.00 |
Director
|
$0 | $21,385 | $21,385 |
| STEVEN MOY | DIRECTOR | 1.00 |
Director
|
$0 | $21,385 | $28,517 |
| JOSEPH PROSCIA | DIRECTOR | 1.00 |
Director
|
$0 | $106,041 | $312,976 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $228 | $77 | $11,980 | $151 |
| 2022 | $75 | $131 | $11,829 | $-56 |
| 2021 | $286 | $67 | $11,935 | $219 |
| 2020 | $112 | $170 | $11,716 | $-58 |
| 2019 | $77 | $80 | $11,774 | $-3 |
| 2018 | $82 | $50 | $11,777 | $32 |
Compare IBEW DISASTER FUND NYC INC with other nonprofits in New York and across the country.