INTL UNION OF ELEVATOR CONSTRUCTORS LOCAL 35 (EIN 141470446) - 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

1911

Legal Domicile

Principal Officer

James M Hagerty

Phone

5184382487

Tax Period

2025-01-01 to 2025-12-31

INTL UNION OF ELEVATOR CONSTRUCTORS LOCAL 35, founded in 1911, is a small nonprofit that reported $422K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $407K left a modest 3% surplus.

Mission

PROMOTE THE GENERAL WELFARE OF ELEVATOR CONSTRUCTORS AND THEIR FAMILIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $419,255

Investment Income $2,696

Other Revenue $0

TOTAL REVENUE $421,951

Expense Breakdown

Grants Paid $0

Salaries & Benefits $256,135

Fundraising Expenses $0

Other Expenses $151,101

TOTAL EXPENSES $407,236

Year-over-Year Comparison

	2025	2024	Change
Revenue	$421,951	$489,462	-0.1%
Expenses	$407,236	$404,941	+0.0%
Net Income	$14,715	$84,521	-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

$243,875

Total Directors

$1,826

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James M Hagerty	Business Mgr.	40.00	Officer	$153,737	$88,312	$242,049
KYLER CLARK	Treasurer	4.00	Officer Director	$996	$0	$996
Brett D Barklay	RECRDNG SECRTRY	4.00	Officer Director	$830	$0	$830
TRAVIS KENDALL	2nd Vice Pres.	4.00	Officer Director	$0	$0	$0
BRIAN WHITE	President	4.00	Officer Director	$0	$0	$0
Clarence Hagadorn	1st Vice Pres.	4.00	Officer Director	$0	$0	$0

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	$421,951	$407,236	$310,584	$14,715
2024	$489,462	$404,941	$296,671	$84,521
2023	$438,832	$387,038	$211,387	$51,794
2022	$360,773	$364,134	$159,407	$-3,361
2021	$383,821	$365,060	$162,768	$18,761
2020	$344,176	$346,259	$144,007	$-2,083

INTL UNION OF ELEVATOR CONSTRUCTORS LOCAL 35