DISTRICT COUNCIL OF IRON WORKERS OF GREATER NY & VICINITY (EIN 135031720) - 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

1919

Legal Domicile

Principal Officer

PETER MYERS

Phone

2123021868

Tax Period

2023-07-01 to 2024-06-30

DISTRICT COUNCIL OF IRON WORKERS OF GREATER NY & VICINITY, founded in 1919, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

BETTERMENT OF WAGES AND WORKING CONDITIONS OF MEMBERS.

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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 $929,155

Investment Income $38,291

Other Revenue $142,538

TOTAL REVENUE $1,109,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,234

Fundraising Expenses $0

Other Expenses $791,509

TOTAL EXPENSES $1,175,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,109,984	$1,144,288	0.0%
Expenses	$1,175,743	$1,478,941	-0.2%
Net Income	$-65,759	$-334,653	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
PETER MYERS	PRESIDENT	1.00	Director	$0	$0	$0
WILLIAM HAYES	RECORDING SECRETARY	1.00	Director	$0	$0	$0
MICHEAL ANDERSON	EXECUTIVE VICE PRESIDENT	1.00	Director	$0	$0	$0
JAMES WILLIS	1ST VICE PRESIDENT	1.00	Director	$0	$0	$0
SCOTT BRYDGES	2ND VICE PRESIDENT	1.00	Director	$0	$0	$0
MATHEW NESBITT	3RD VICE PRESIDENT	1.00	Director	$0	$0	$0
MATTHEW CHARTRAND	FINANCIAL SECRETARY	1.00	Director	$0	$0	$0
JOSEPH NOLAN	TREASURER	1.00	Director	$0	$0	$0
DANIEL DOYLE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN BISSAILLON	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY STARWALD	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW STODDARD	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT COLE	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY DEBLASIE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN COFFEY	SERGEANT AT ARMS	1.00	Director	$0	$0	$0
JAMES MAHONEY	FORMER PRESIDENT	1.00	Director	$0	$0	$0
EDGARDO JORGE	ORGANIZER	40.00	Highest	$153,755	$91,626	$245,381

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	No data	No data	No data	No data
2024	$1,109,984	$1,175,743	$1,374,385	$-65,759
2023	$1,144,288	$1,478,941	$1,444,678	$-334,653
2022	$1,084,324	$1,242,476	$1,805,276	$-158,152
2021	$1,422,972	$1,193,723	$1,957,804	$229,249
2020	$1,333,288	$1,187,327	$1,728,555	$145,961
2019	$1,499,273	$1,565,454	$1,582,594	$-66,181
2018	$1,436,400	$969,842	$1,648,775	$466,558

DISTRICT COUNCIL OF IRON WORKERS OF GREATER NY & VICINITY