THE GENERAL CONTRACTORS ASSOCIATION OF NY INC (EIN 130762390) - Form 990 Financial Analysis & Trantor Score

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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

1909

Legal Domicile

Principal Officer

ROBERT WESSELS

Phone

2126873131

Tax Period

2024-01-01 to 2024-12-31

THE GENERAL CONTRACTORS ASSOCIATION OF NY INC, founded in 1909, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $4.2M left a modest 7% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO ASSIST IN CURRENT ISSUES, REPRESENT MEMBER CAUSES & HANDLE UNION CONTRACT NEGOTIATIONS FOR MEMBER GENERAL CONTRACTORS IN THE NEW YORK METROPOLITAN AREA.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $234,485

Program Service Revenue $0

Investment Income $217,357

Other Revenue $4,080,704

TOTAL REVENUE $4,532,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,861,221

Fundraising Expenses $0

Other Expenses $2,375,167

TOTAL EXPENSES $4,236,388

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,532,546	$4,091,627	+0.1%
Expenses	$4,236,388	$3,914,878	+0.1%
Net Income	$296,158	$176,749	+0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$586,481

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE OTTESEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEON JACOBS	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROLANDO ACOSTA	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KENNETH DURKIN	TREASURER	1.00	Officer Director	$0	$0	$0
ALFONSO PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL PETERSEN	DIRECTOR	1.00	Director	$0	$0	$0
EVARETT CRUZ	DIRECTOR	1.00	Director	$0	$0	$0
HEYMI KURIEL	DIRECTOR	1.00	Director	$0	$0	$0
JACK TOBIN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MARQUARDT	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MORIARTY JR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CIVETTA	DIRECTOR	1.00	Director	$0	$0	$0
JORGE MONTEIRO	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH ASCOLESE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH SHEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
MATHER DEGREGORIS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL A CAPASSO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ATTARDO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CASELLA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GARGIULO	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RYAN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK ROONEY	DIRECTOR	1.00	Director	$0	$0	$0
PAUL POMPONIO	DIRECTOR	1.00	Director	$0	$0	$0
PETER MAGLICIC	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT COOPER	DIRECTOR	1.00	Director	$0	$0	$0
RUTH FAGAN	DIRECTOR	1.00	Director	$0	$0	$0
SANJEEV DHAWAN	DIRECTOR	1.00	Director	$0	$0	$0
SERGIO COUTO	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN RIZZO	DIRECTOR	1.00	Director	$0	$0	$0
TIM GALLAGHER	DIRECTOR	1.00	Director	$0	$0	$0
TOM BERGER	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM MATRE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT G WESSELS	SECRETARY/EXECUTIVE DIRECTOR	39.00	Officer	$544,268	$42,213	$586,481
WILLIAM TYSON	DIRECTOR, LABOR RELATIONS	40.00	Highest	$202,280	$36,023	$238,303
DONALD RANSHTE	DIRECTOR OF GOVERNMENT RELATIONS	40.00	Highest	$213,923	$16,559	$230,482
JOHN MURRAY	DEPUTY DIRECTOR, LABOR RELATIONS	40.00	Highest	$150,846	$42,237	$193,083
CHRIS BOYLAN	DIRECTOR OF GOVERNMENTAL & STRATEGIC	40.00	Highest	$144,917	$8,695	$153,612
JUAN PACHECO	IT MANAGER	40.00	Highest	$108,825	$32,632	$141,457

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
2024	$4,532,546	$4,236,388	$7,495,391	$296,158
2023	$4,091,627	$3,914,878	$7,631,899	$176,749
2022	$4,119,249	$3,854,163	$7,364,015	$265,086
2021	$3,924,601	$3,522,680	$5,224,579	$401,921
2020	$3,935,976	$3,744,212	$5,201,550	$191,764
2019	$5,637,616	$5,448,960	$5,031,515	$188,656
2018	$4,262,533	$4,271,511	$5,418,370	$-8,978

THE GENERAL CONTRACTORS ASSOCIATION OF NY INC