LOCAL 1407 NEW YORK CITY ACCOUNTANTS STATISTICIANS & ACTUARIES OF AMERICAN

EIN: 116037704

NEW YORK, NY

Total Revenue
$1,943,133
Total Expenses
$1,769,662
Total Assets
$2,087,356
Net Assets
$1,846,120
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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
1951
Legal Domicile
NY
Principal Officer
MARILYN BALLIE
Phone
2128151407
Tax Period
2024-05-01 to 2025-04-30

LOCAL 1407 NEW YORK CITY ACCOUNTANTS STATISTICIANS & ACTUARIES OF AMERICAN, founded in 1951, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.8M left a modest 9% surplus.

Mission

OPERATES A UNION FOR PROFESSIONAL EMPLOYEES OFR THE CITY OF NEW YORK

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,884,001
Investment Income $58,224
Other Revenue $908
TOTAL REVENUE $1,943,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,916
Fundraising Expenses $0
Other Expenses $1,633,746
TOTAL EXPENSES $1,769,662

Year-over-Year Comparison

2024 2023 Change
Revenue $1,943,133 $1,898,481 +0.0%
Expenses $1,769,662 $1,706,526 +0.0%
Net Income $173,471 $191,955 -0.1%
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
27
Independent Members
27
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
$86,989
Total Directors
7
$86,989
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAF MISBAH UDDIN PRESIDENT 037.50
Officer Director Highest
$86,989 $0 $86,989
JED MATALON BOARD MEMBER 005.00
Officer Director
$0 $0 $0
JULEY LAISEY BOARD MEMBER 005.00
Officer Director
$0 $0 $0
MARILYN BALLIE TREASURER 015.00
Officer Director
$0 $0 $0
VERNA RICHARDS TRUSTEE 005.00
Director
$0 $0 $0
ANTHONY FOLKES TRUSTEE 005.00
Director
$0 $0 $0
SHITAL BISWAS TRUSTE 005.00
Director
$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 $1,943,133 $1,769,662 $2,087,356 $173,471
2024 $1,898,481 $1,706,526 $1,911,844 $191,955
2023 $1,662,900 $1,585,908 $1,703,057 $76,992
2022 $1,652,254 $1,568,161 $1,422,022 $84,093
2021 $1,808,644 $1,623,733 $1,371,576 $184,911
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