NORTHEASTERN LOGGERS ASSOCIATION INC (EIN 150561931) - 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

1952

Legal Domicile

Principal Officer

JOSEPH E PHANEUF

Phone

3153693078

Tax Period

2024-01-01 to 2024-12-31

NORTHEASTERN LOGGERS ASSOCIATION INC, founded in 1952, is a small nonprofit that reported $874K in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE NORTHEASTERN LOGGERS' ASSOCIATION, INC. IS TO SERVE ITS MEMBERSHIP AND THE PUBLIC BY ADVOCATING WISE STEWARDSHIP OF OUR FOREST RESOURCES AND TO DEVELOP AND PROMOTE PROGRAMS AND SERVICES THAT HELP NELA MEMBERS PRODUCE PRODUCTS AND ENVIRONMENTAL BENEFITS TO MEET THE NEEDS OF THE AMERICAN PEOPLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $171,975

Program Service Revenue $449,503

Investment Income $15,065

Other Revenue $237,840

TOTAL REVENUE $874,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $427,655

Fundraising Expenses $0

Other Expenses $454,686

TOTAL EXPENSES $882,341

Year-over-Year Comparison

	2024	2023	Change
Revenue	$874,383	$852,472	+0.0%
Expenses	$882,341	$866,274	+0.0%
Net Income	$-7,958	$-13,802	-0.4%

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

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

$123,720

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERROL PETERS	CHAIRMAN	1.00	Officer	$0	$0	$0
LEE HUEY	PRESIDENT	1.00	Officer	$0	$0	$0
MARTIN JUSTICK JR	1ST VICE PRE	1.00	Officer	$0	$0	$0
HENRY GUNDLACH	2ND VICE PRE	1.00	Officer	$0	$0	$0
ALLAN RYDER	SECRETARY	1.00	Officer	$0	$0	$0
JOSEPH E PHANEUF	EXECUTIVE DI	40.00	Officer	$103,845	$19,875	$123,720
KATRINA AMARAL	DIRECTOR	1.00	Director	$0	$0	$0
HANS FRANKHOUSER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BEHAM	DIRECTOR	1.00	Director	$0	$0	$0
MATT CARNEY	DIRECTOR	1.00	Director	$0	$0	$0
PETER COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HINMAN	DIRECTOR	1.00	Director	$0	$0	$0
JED LIPSKY	DIRECTOR	1.00	Director	$0	$0	$0
JOAN NICHOLS	DIRECTOR	1.00	Director	$0	$0	$0
ED LARSON	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD PIERCE	DIRECTOR	1.00	Director	$0	$0	$0
MELVIN LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK SIROIS	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY LONDON	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SNIDER	DIRECTOR	1.00	Director	$0	$0	$0
MARK MOWREY	DIRECTOR	1.00	Director	$0	$0	$0
NICK TIPPLE	DIRECTOR	1.00	Director	$0	$0	$0
FRANCIS VANALSTINE	DIRECTOR	1.00	Director	$0	$0	$0
MARK VANNAH	DIRECTOR	1.00	Director	$0	$0	$0
CLIFF CLOVER	DIRECTOR	1.00	Director	$0	$0	$0
AARON BOURGEOIS	DIRECTOR	1.00	Director	$0	$0	$0
DARICK GRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
JOHN REDELL III	DIRECTOR	1.00	Director	$0	$0	$0
PAUL REINING	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WETHERBEE	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	$874,383	$882,341	$676,282	$-7,958
2023	$852,472	$866,274	$705,643	$-13,802
2022	$653,543	$715,058	$666,615	$-61,515
2021	$740,216	$719,273	$673,140	$20,943
2020	$268,384	$618,373	$701,377	$-349,989
2019	$942,535	$914,318	$1,046,239	$28,217
2018	$687,408	$730,291	$1,004,647	$-42,883

NORTHEASTERN LOGGERS ASSOCIATION INC