CITY EMPLOYEES UNION LOCAL 237 IBT AFL-C (EIN 135616651) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1952

Legal Domicile

Principal Officer

GREGORY FLOYD

Phone

2129242000

Tax Period

2024-01-01 to 2024-12-31

CITY EMPLOYEES UNION LOCAL 237 IBT AFL-C, founded in 1952, is a mid-sized nonprofit that reported $16.7M in total revenue in fiscal year 2024.

Mission

THE CITY EMPLOYEES UNION LOCAL 237 (THE LOCAL) ASSISTS ITS MEMBERS IN OBTAINING IMPROVEMENTS IN WAGES, BENEFITS, AND WORKING CONDITIONS THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS WITHIN ITS JURISDICTION. THE LOCAL ALSO REPRESENTS ITS MEMBERS IN THE ENFORCEMENT OF VARIOUS RIGHTS ARISING OUT OF THE COLLECTIVE BARGAINING RELATIONSHIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $15,240,856

Investment Income $169,374

Other Revenue $1,296,704

TOTAL REVENUE $16,706,934

Expense Breakdown

Grants Paid $225,202

Salaries & Benefits $8,785,104

Fundraising Expenses $0

Other Expenses $7,977,836

TOTAL EXPENSES $16,988,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,706,934	$16,365,248	+0.0%
Expenses	$16,988,142	$17,397,618	0.0%
Net Income	$-281,208	$-1,032,370	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$897,278

Total Directors

$532,618

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENEDICT CARENZA	TRUSTEE	40.00	Director	$210,447	$13,869	$224,316
CATHERINE RICE	TRUSTEE	40.00	Director	$58,776	$16,289	$75,065
CURTIS SCOTT	TRUSTEE	40.00	Director	$181,698	$51,539	$233,237
GREGORY FLOYD	PRESIDENT	40.00	Officer	$180,319	$18,059	$198,378
RUBEN TORRES	VICE PRESIDENT	40.00	Officer	$181,594	$12,442	$194,036
DONALD ARNOLD	SECRETARY TREASURER	40.00	Officer	$254,601	$17,464	$272,065
JEANETTE TAVERAS	RECORDING SECRETARY	40.00	Officer	$193,716	$39,083	$232,799
ROBERT KISSANE	CONTROLLER	40.00	Highest	$238,825	$18,151	$256,976
PHYLLIS SHAFRAN	DIRECTOR OF COMM/POL ACTIO	40.00	Highest	$207,890	$24,321	$232,211
DEREK JACKSON	DIRECTOR OF LAW ENFORCEMENT	40.00	Highest	$200,228	$20,737	$220,965
DIANA DOSS	SENIOR COUNSEL	40.00	Highest	$197,084	$16,703	$213,787
MARTHA BODHNARAIN	SENIOR COUNSEL	40.00	Highest	$197,084	$31,963	$229,047

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	$16,706,934	$16,988,142	$9,436,658	$-281,208
2023	$16,365,248	$17,397,618	$9,705,678	$-1,032,370
2022	$16,032,496	$16,265,481	$10,857,173	$-232,985
2021	$16,693,793	$16,493,916	$10,937,127	$199,877
2020	$16,735,057	$15,003,502	$10,725,289	$1,731,555
2019	$15,888,664	$15,433,456	$8,987,966	$455,208
2018	$18,727,506	$14,466,347	$8,532,758	$4,261,159

CITY EMPLOYEES UNION LOCAL 237 IBT AFL-C