CONTRACTORS ASSN OF ROCKLAND COUNTY INDUSTRY ADVANCEMENT FUND (EIN 133173032) - 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

1984

Legal Domicile

Principal Officer

JOHN COONEY JR

Phone

9146316070

Tax Period

2025-01-01 to 2025-12-31

CONTRACTORS ASSN OF ROCKLAND COUNTY INDUSTRY ADVANCEMENT FUND, founded in 1984, is a micro nonprofit in the Community Improvement sector that reported $12K in total revenue in fiscal year 2025. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $29K exceeded revenue, resulting in a 148% operating deficit.

Mission

THE ORGANIZATION WORKS THROUGH ITS MEMBERS TO DEAL WITH THE PROBLEMS OF MANAGEMENT IN THE CONSTRUCTION TRADES AND CREATE A CLOSE WORKING RELATIONSHIP WITH LABOR UNIONS IN THE 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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $11,567

Other Revenue $0

TOTAL REVENUE $11,567

Expense Breakdown

Grants Paid $12,140

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $16,555

TOTAL EXPENSES $28,695

Year-over-Year Comparison

	2025	2024	Change
Revenue	$11,567	$7,820	+0.5%
Expenses	$28,695	$20,760	+0.4%
Net Income	$-17,128	$-12,940	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN COONEY JR	EXECUTIVE DIRECTOR AND PRESIDENT	0.50	Officer	$0	$0	$0
JOHN CHRYSOGELOS	VICE PRESIDENT	0.50	Officer	$0	$0	$0
MARK SERVIDONE	TREASURER	0.50	Officer	$0	$0	$0
GERRY ARGENIO JR	SECRETARY	0.50	Officer	$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	$11,567	$28,695	$1,245,051	$-17,128
2024	$7,820	$20,760	$1,121,227	$-12,940
2023	$17,852	$32,107	$1,004,452	$-14,255
2022	$38,280	$32,276	$874,240	$6,004
2021	$34,357	$51,625	$1,029,353	$-17,268
2020	$36,225	$22,037	$890,518	$14,188
2019	$39,322	$72,711	$755,645	$-33,389
2018	$33,501	$34,137	$602,027	$-636

CONTRACTORS ASSN OF ROCKLAND COUNTY INDUSTRY ADVANCEMENT FUND