ELECTRICAL WORKERS LOCAL 3 REALTY CORP (EIN 132518753) - 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

1958

Legal Domicile

Principal Officer

THOMAS J CLEARY

Phone

9149483800

Tax Period

2023-01-01 to 2023-12-31

ELECTRICAL WORKERS LOCAL 3 REALTY CORP, founded in 1958, is a small nonprofit that reported $340K in total revenue in fiscal year 2023. The organization ran a surplus of $62K, a strong 18% operating margin.

Mission

TO HOLD TITLE TO REAL PROPERTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $338,877

Investment Income $0

Other Revenue $676

TOTAL REVENUE $339,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $277,689

TOTAL EXPENSES $277,689

Year-over-Year Comparison

	2023	2022	Change
Revenue	$339,553	$322,644	+0.1%
Expenses	$277,689	$282,865	0.0%
Net Income	$61,864	$39,779	+0.6%

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

N/A

Employees

N/A

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

$1,120,274

Total Directors

$312,201

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ERIKSON	BUSINESS MANAGER	1.00	Officer	$0	$107,497	$326,500
THOMAS J CLEARY	PRESIDENT	1.00	Officer Director	$0	$106,039	$312,201
JOSEPH PROSCIA JR	FINANCIAL SECRETARY	1.00	Officer	$0	$106,042	$312,977
LOUIS ALVAREZ	VICE PRESIDENT	1.00	Officer	$0	$21,385	$21,385
DAMON ARMSTRONG	TREASURER	1.00	Officer	$0	$13,195	$16,032
MICHAEL LORETO	RECORDING SECRETARY	1.00	Officer	$0	$13,195	$14,602
TANYA FERGUSON	EXECUTIVE BOARD	1.00	Officer	$0	$21,385	$23,905
ROBERT FOXX	EXECUTIVE BOARD	1.00	Officer	$0	$21,385	$21,385
DAVIS HOCHMAN	EXECUTIVE BOARD	1.00	Officer	$0	$21,385	$21,385
PATRICK MOQUIN	EXECUTIVE BOARD	1.00	Officer	$0	$21,385	$21,385
STEVEN MOY	EXECUTIVE BOARD	1.00	Officer	$0	$21,385	$28,517

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	No data	No data	No data	No data
2023	$339,553	$277,689	$948,696	$61,864
2022	$322,644	$282,865	$884,038	$39,779
2021	$297,211	$269,765	$844,259	$27,446
2020	$332,474	$254,268	$1,014,039	$78,206
2019	$308,942	$252,825	$922,170	$56,117
2018	$306,284	$262,981	$841,658	$43,303

ELECTRICAL WORKERS LOCAL 3 REALTY CORP