LOCAL 6559 WAREHOUSE & PRODUCTION EMPLOYEES UNION

EIN: 131950542

PORT WASHINGTON, NY

Total Revenue
$301,019
Total Expenses
$395,949
Total Assets
$527,630
Net Assets
$516,237
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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
1968
Legal Domicile
NY
Principal Officer
ANDREW BELLINI
Phone
5168836749
Tax Period
2024-05-01 to 2025-04-30

LOCAL 6559 WAREHOUSE & PRODUCTION EMPLOYEES UNION, founded in 1968, is a small nonprofit that reported $301K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $396K exceeded revenue, resulting in a 32% operating deficit.

Mission

REPRESENT UNION MEMBERS IN LABOR RELATED MATTERS

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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 $286,248
Program Service Revenue $0
Investment Income $14,771
Other Revenue $0
TOTAL REVENUE $301,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $312,888
Fundraising Expenses $0
Other Expenses $83,061
TOTAL EXPENSES $395,949

Year-over-Year Comparison

2024 2023 Change
Revenue $301,019 $332,394 -0.1%
Expenses $395,949 $343,566 +0.2%
Net Income $-94,930 $-11,172 +7.5%
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
3
Independent Members
3
Employees
1
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
2
$533,265
Total Directors
2
$214,204
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW BELLINI PRESIDENT 40.00
Officer Director
$214,204 $0 $214,204
PATRICK SACCOCCIA TRUSTEE 4.00
Director
$0 $0 $0
NINA BELLINI SECRETARY - TREASURER 40.00
Officer
$0 $0 $319,061
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 $301,019 $395,949 $527,630 $-94,930
2024 $332,394 $343,566 $626,676 $-11,172
2023 $263,538 $343,406 $633,782 $-79,868
2022 $323,414 $312,204 $709,464 $11,210
2021 $213,369 $425,349 $705,071 $-211,980
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