LOCAL 500 BUILDING CORP (EIN 141958493) - 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

2006

Legal Domicile

Principal Officer

PIERANGELI MORRISON

Phone

3017407100

Tax Period

2023-10-01 to 2024-09-30

LOCAL 500 BUILDING CORP, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $114K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

HOLD TITLE TO PROPERTY ON BEHALF OF SEIU LOCAL 500, INC; AN ENTITY EXEMPT UNDER IRC SECTION 501(C)(5).

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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 $0

Investment Income $0

Other Revenue $113,998

TOTAL REVENUE $113,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$113,998	$90,225	+0.3%
Expenses	N/A	N/A	N/A
Net Income	N/A	$90,225	N/A

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

N/A

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

$173,588

Total Directors

$173,588

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORIOLE SAAH	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
PIERANGELI MORRISON	PRESIDENT	1.00	Officer Director	$0	$25,618	$173,588
CARLENE BUTT-PRUITT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HENRIETTA JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
FATIMA WHITMORE	DIRECTOR	1.00	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
2024	$113,998	No data	$2,074,718	No data
2023	$90,225	No data	$2,144,054	No data
2022	$82,254	No data	$2,237,162	No data
2021	$196,935	No data	$2,338,241	No data
2020	$-80,825	No data	$2,458,011	No data
2019	$-148,627	No data	$2,538,836	No data
2018	$17,947	No data	$2,620,038	No data

LOCAL 500 BUILDING CORP