PORT AUTHORITY PBA INC

EIN: 136162737 Employment

ENGLEWOOD CLIFFS, NJ

Total Revenue
$5,149,029
Total Expenses
$4,928,300
Total Assets
$13,261,930
Net Assets
$12,920,457
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
NY
Principal Officer
FRANK CONTI
Phone
2018712100
Tax Period
2024-01-01 to 2024-12-31

PORT AUTHORITY PBA INC, founded in 1940, is a community nonprofit in the Employment sector that reported $5.1M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $4.9M left a modest 4% surplus.

Mission

THE ORGANIZATION WAS ESTABLISHED TO FURTHER THE INTERESTS OF ITS MEMBERSHIP BY SEEKING IMPROVED TERMS AND CONDITIONS OF EMPLOYMENT, TO RENDER MORAL AND MATERIAL AID TO MEMBERS AS NEEDED, TO PROVIDE REPRESENTATION AND/OR COUNSEL IN LEGAL PROCEEDINGS, AND TO PROMOTE SOCIAL AND FRATERNAL ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $117,933
Program Service Revenue $4,405,616
Investment Income $620,083
Other Revenue $5,397
TOTAL REVENUE $5,149,029

Expense Breakdown

Grants Paid $2,070,768
Salaries & Benefits $1,276,596
Fundraising Expenses $0
Other Expenses $1,580,936
TOTAL EXPENSES $4,928,300

Year-over-Year Comparison

2024 2023 Change
Revenue $5,149,029 $4,370,976 +0.2%
Expenses $4,928,300 $4,185,570 +0.2%
Net Income $220,729 $185,406 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
52
Independent Members
43
Employees
8
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
7
$306,516
Total Directors
54
$606,416
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK CONTI PRESIDENT 40.00
Officer Director
$73,017 $0 $73,017
MICHAEL MOLLAHAN 1ST VICE PRESIDENT 40.00
Officer Director
$59,433 $0 $59,433
CESAR MORALES 2ND VICE PRESIDENT 40.00
Officer Director
$59,433 $0 $59,433
STEVE EKIZIAN TREASURER 40.00
Officer Director
$59,433 $0 $59,433
BRIAN AHERN FINANCIAL SECRETARY 10.00
Officer Director
$15,600 $0 $15,600
NICHOLAS BRUCATO SGT. AT ARMS 10.00
Officer Director
$15,600 $0 $15,600
SHAUN KEHOE RECORDING SECRETARY 10.00
Officer Director
$24,000 $0 $24,000
TARIQ ABDOOL TRUSTEE 10.00
Director
$10,200 $0 $10,200
JOHN MOHRMAN TRUSTEE 10.00
Director
$10,400 $0 $10,400
VINCENT RICCI TRUSTEE 10.00
Director
$9,600 $0 $9,600
TERENCE MCPIKE TRUSTEE 10.00
Director
$9,600 $0 $9,600
MICHAEL BUNERO DELEGATE 10.00
Director
$9,600 $0 $9,600
ANTHONY ALFIERI DELEGATE 10.00
Director
$6,000 $0 $6,000
ANTHONY J AMELIO DELEGATE 10.00
Director
$6,000 $0 $6,000
BRIAN MONACELLI DELEGATE 10.00
Director
$6,000 $0 $6,000
DAMIR DJUKANOVIC DELEGATE 10.00
Director
$6,000 $0 $6,000
DANIEL HALLERAN DELEGATE 10.00
Director
$6,000 $0 $6,000
DANIEL MURRAY DELEGATE 10.00
Director
$6,000 $0 $6,000
DANIEL RODRIGUEZ DELEGATE 10.00
Director
$6,000 $0 $6,000
DAVID KLIMKOWSKI DELEGATE 10.00
Director
$6,000 $0 $6,000
GERARDO MANZI DELEGATE 10.00
Director
$6,000 $0 $6,000
JAMES F MACOMBER DELEGATE 10.00
Director
$6,000 $0 $6,000
JAMES WELSH DELEGATE 10.00
Director
$7,000 $0 $7,000
JENNIFER KELLY-RHEIN DELEGATE 10.00
Director
$6,000 $0 $6,000
JOHN DEVINS DELEGATE, THRU 06/13/2024 10.00
Director
$3,500 $0 $3,500
JOHN TESTA DELEGATE 10.00
Director
$6,000 $0 $6,000
JOSEPH SANTOLI DELEGATE 10.00
Director
$6,000 $0 $6,000
JOSHUA OLIVERI DELEGATE 10.00
Director
$6,000 $0 $6,000
KAROL ROMANOWICZ DELEGATE 10.00
Director
$6,000 $0 $6,000
KEVIN CUSHLEY DELEGATE, THRU 06/13/2024 10.00
Director
$6,000 $0 $6,000
KEVIN GROGAN DELEGATE 10.00
Director
$6,000 $0 $6,000
KEVIN J DUFFY DELEGATE 10.00
Director
$6,000 $0 $6,000
KEVIN SCHPAKOW DELEGATE 10.00
Director
$6,000 $0 $6,000
LEO BRENNAN DELEGATE 10.00
Director
$6,000 $0 $6,000
MATTHEW NUDELMAN DELEGATE 10.00
Director
$6,000 $0 $6,000
MICHAEL C KOEHLER DELEGATE 10.00
Director
$6,000 $0 $6,000
MICHAEL TRAETINO DELEGATE 10.00
Director
$6,000 $0 $6,000
MICHAEL W CHATTERTON DELEGATE 10.00
Director
$6,000 $0 $6,000
NICHOLAS PARADISO DELEGATE 10.00
Director
$6,000 $0 $6,000
NICOLE STACKPOLE DELEGATE 10.00
Director
$6,000 $0 $6,000
PATRICK FINNERAN DELEGATE 10.00
Director
$6,000 $0 $6,000
ROBERT JOSEPH DELEGATE 10.00
Director
$6,000 $0 $6,000
RONALD KING DELEGATE 10.00
Director
$6,000 $0 $6,000
RYAN MCCARTHY DELEGATE 10.00
Director
$6,000 $0 $6,000
SEAN MCCAFFERTY DELEGATE 10.00
Director
$6,000 $0 $6,000
SETH FRIEDMAN DELEGATE 10.00
Director
$6,000 $0 $6,000
STEPHEN A NICOLA DELEGATE 10.00
Director
$6,000 $0 $6,000
STEPHEN CORRIGAN DELEGATE 10.00
Director
$6,000 $0 $6,000
STEVEN MORENO DELEGATE 10.00
Director
$6,000 $0 $6,000
STEVEN VARESIO DELEGATE 10.00
Director
$6,000 $0 $6,000
THOMAS FEUKER DELEGATE 10.00
Director
$6,000 $0 $6,000
THOMAS HASSEL DELEGATE 10.00
Director
$6,000 $0 $6,000
THOMAS J AULETTA DELEGATE 10.00
Director
$6,000 $0 $6,000
THOMAS RAHILL DELEGATE 10.00
Director
$6,000 $0 $6,000
DAVID J MCAUSLAND ATTORNEY 40.00
Highest
$290,261 $27,301 $317,562
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 $5,149,029 $4,928,300 $13,261,930 $220,729
2023 $4,370,976 $4,185,570 $12,271,992 $185,406
2022 $4,440,751 $4,972,381 $11,052,149 $-531,630
2021 $5,067,474 $3,942,649 $13,848,363 $1,124,825
2020 $4,751,384 $3,854,274 $11,898,289 $897,110
2019 $4,868,720 $3,928,174 $10,273,044 $940,546
2018 $4,015,930 $4,027,265 $8,223,866 $-11,335
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