JOINT EMPLOYMENT OFFICE OF THE ELEVATOR INDUSTRY

EIN: 133475693

Long Island City, NY

Total Revenue
$1,765,852
Total Expenses
$1,494,931
Total Assets
$3,216,524
Net Assets
$3,127,091
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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
1988
Legal Domicile
NY
Principal Officer
DIMETHEA HOLLOMAN
Phone
2126890789
Tax Period
2023-01-01 to 2023-12-31

JOINT EMPLOYMENT OFFICE OF THE ELEVATOR INDUSTRY, founded in 1988, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $271K, a strong 15% operating margin.

Mission

TO PROVIDE EMPLOYMENT REFERRAL SERVICES TO INDIVIDUALS AND EMPLOYERS.

Program Service Accomplishments

Program 1
Expenses: $1,134,163 Revenue: $1,744,132

TO PROVIDE EMPLOYMENT REFERRAL SERVICE TO INDIVIDUALS AND EMPLOYERS. TO PROVIDE FUNDING TO JOINT APPRENTICE TRAINING COMMITTEE (AN AFFILIATE) TO OPERATE APPRENTICESHIP AND TRAINING PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,698,332
Program Service Revenue $30,800
Investment Income $21,720
Other Revenue $15,000
TOTAL REVENUE $1,765,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $386,442
Fundraising Expenses $0
Program Expenses $1,134,163
Other Expenses $1,108,489
TOTAL EXPENSES $1,494,931

Year-over-Year Comparison

2023 2022 Change
Revenue $1,765,852 $1,711,366 +0.0%
Expenses $1,494,931 $1,332,421 +0.1%
Net Income $270,921 $378,945 -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

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Governance

Voting Members
8
Independent Members
8
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
0
$0
Total Directors
1
$184,871
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIMETHEA HOLLOMAN Director 20.00
Director
$165,804 $19,067 $184,871
N/A Management Trustee 0.25
$0 $0 $0
N/A Union Trustee 0.25
$0 $0 $0
N/A Union Trustee 0.25
$0 $0 $0
N/A Management Trustee 0.25
$0 $0 $0
N/A Management Trustee 0.25
$0 $0 $0
N/A MANAGEMENT TRUSTEE 0.25
$0 $0 $0
N/A Union Trustee 7.50
$23,938 $0 $23,938
KAREN CAMPBELL EDRBP PLAN ADMINISTRATOR 20.00
Highest
$205,478 $23,630 $229,108
LANCE H VAN ARSDALE IT ENGINEER 20.00
Highest
$147,007 $16,913 $163,920
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 $1,765,852 $1,494,931 $3,216,524 $270,921
2022 $1,711,366 $1,332,421 $2,979,929 $378,945
2021 $1,572,234 $1,327,644 $2,453,035 $244,590
2020 $635,038 $781,902 $2,136,256 $-146,864
2019 $1,757,689 $1,487,892 $2,219,194 $269,797
2018 $1,537,533 $1,337,433 $1,867,824 $200,100
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