INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 72

EIN: 132964201

ELMSFORD, NY

Total Revenue
$185,463
Total Expenses
$211,464
Total Assets
N/A
Net Assets
N/A
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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
1978
Legal Domicile
NY
Principal Officer
LOUIS A PICANI
Phone
9145929500
Tax Period
2022-01-01 to 2022-03-18

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 72, founded in 1978, is a small nonprofit that reported $185K in total revenue in fiscal year 2021. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $211K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE PRIMARY MISSION OF THE UNION IS TO ORGANIZE EMPLOYEES AND NEGOTIATE CONTRACTS ON THEIR BEHALF COVERING WAGES, BENEFITS, HOURS, AND CONDITIONS OF EMPLOYMENT IN ACCORDANCE WITH THE LAWS, USAGES, AND REQUIREMENTS OF THE IBT, AND IN ACCORDANCE WITH THE BEST INTERESTS OF THE LABOR MOVEMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $184,578
Investment Income $885
Other Revenue $0
TOTAL REVENUE $185,463

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,136
Fundraising Expenses $0
Program Expenses $211,464
Other Expenses $114,328
TOTAL EXPENSES $211,464

Year-over-Year Comparison

2021 2020 Change
Revenue $185,463 $863,381 -0.8%
Expenses $211,464 $992,162 -0.8%
Net Income $-26,001 $-128,781 -0.8%
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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Governance

Voting Members
7
Independent Members
N/A
Employees
20
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
7
$41,493
Total Directors
7
$41,493
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL JOVANOVIC PRESIDENT 40.00
Officer Director
$10,577 $0 $10,577
KEVIN SCARSELLA VICE PRESIDENT 40.00
Officer Director
$7,404 $0 $7,404
RONALD KOZAK SEC. TREASURER 40.00
Officer Director
$8,462 $0 $8,462
RAYMOND BOGERT REC. SECRETARY 20.00
Officer Director
$5,096 $0 $5,096
MICHAEL CHRISTOPHER TRUSTEE 10.00
Officer Director
$2,333 $0 $2,333
JOSEPH YORMICK TRUSTEE 10.00
Officer Director
$2,333 $0 $2,333
DANIEL FAHRENKOPH TRUSTEE 10.00
Officer Director
$5,288 $0 $5,288
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
2022 $185,463 $211,464 No data $-26,001
2021 $863,381 $992,162 $723,292 $-128,781
2020 $976,867 $1,134,691 $852,073 $-157,824
2019 $1,091,285 $1,223,299 $1,007,526 $-132,014
2018 $1,319,692 $1,349,188 $1,139,540 $-29,496
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