RUTHERFORD, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)METROPOLITAN MARINE MAINTENANCE CONTRACTORS' ASSOCIATION INC, founded in 1947, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 12% surplus.
THE MAIN FUNCTION OF THE ASSOCIATION IS TO ACT AS THE COLLECTIVE BARGAINING AGENT FOR ITS MEMBER COMPANIES RELATED TO THE INTERNATIONAL LONGSHOREMAN'S ASSOCIATION AND ITS AFFILIATED UNIONS. ON BEHALF OF ITS MEMBER COMPANIES THE ASSOCIATION NEGOTIATES COLLECTIVE AGREEMENTS WITH THE INTERNATIONAL LONGSHOREMAN'S ASSOCIATION.IN ADDITION, THE ASSOCIATION ALSO PROVIDES MANAGEMENT OVERSIGHT OF AMAINTENANCE TRAINING PROGRAM FOR THE EMPLOYEES OF ITS MEMBER COMPANIESTO UPGRADE THE SKILLS IN THE AREAS OF MAINTENANCE AND ENGINEERING OFHEAVY EQUIPMENT.
THE ASSOCIATION PROVIDES OVERALL EXECUTIVE AND ADMINISTRATIVE SERVICES FOR THE PURPOSE OF NEGOTIATING AND IMPLEMENTING COLLECTIVE BARGAINING AGREEMENTS ON BEHALF OF ITS MEMBER COMPANIES AND PROVIDES...
THE ASSOCIATION PROVIDES OVERALL EXECUTIVE AND ADMINISTRATIVE SERVICES FOR THE PURPOSE OF NEGOTIATING AND IMPLEMENTING COLLECTIVE BARGAINING AGREEMENTS ON BEHALF OF ITS MEMBER COMPANIES AND PROVIDES A HIRING HALL FOR EMPLOYMENT PURPOSES AND PROVIDES MANAGEMENT OVERSIGHT OF A MAINTENANCE TRAINING PROGRAM FOR COLLECTIVE BARGAINING UNIT MEMBERS.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,166,669 | $3,095,477 | +0.3% |
| Expenses | $3,656,173 | $3,176,779 | +0.2% |
| Net Income | $510,496 | $-81,302 | -7.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRUCE FENIMORE | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| CHRIS GARBARINO | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| GARY CROSS | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| JOHN ATKINS | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| JOSEPH PEREZ | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| THOMAS DELANEY | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| ANDREW CROSS | EXECUTIVE SECRETARY | 35.00 |
Officer
|
$120,338 | $30,321 | $150,659 |
| JOSEPH A RAGUSA | PRESIDENT | 35.00 |
Officer
|
$556,645 | $99,897 | $656,542 |
| PETER BARB | VICE PRESIDENT OF LABOR | 35.00 |
Key Emp
|
$327,797 | $94,830 | $422,627 |
| GEORGE BUENO | CONTROLLER | 35.00 |
Highest
|
$121,409 | $22,008 | $143,417 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,166,669 | $3,656,173 | $16,336,099 | $510,496 |
| 2023 | $3,095,477 | $3,176,779 | $15,931,448 | $-81,302 |
| 2022 | $3,500,665 | $3,215,316 | $15,930,276 | $285,349 |
| 2021 | $3,346,080 | $2,439,287 | $14,907,336 | $906,793 |
| 2020 | $3,149,918 | $2,235,202 | $14,030,574 | $914,716 |
| 2019 | $3,106,626 | $2,676,190 | $13,128,388 | $430,436 |
| 2018 | $3,124,911 | $2,330,385 | $12,706,606 | $794,526 |
Compare METROPOLITAN MARINE MAINTENANCE CONTRACTORS' ASSOCIATION INC with other nonprofits in New Jersey and across the country.