LOCAL UNION 97-BUILDING CORP (EIN 161501851) - 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

1996

Legal Domicile

Principal Officer

MICHAEL T SHELBY

Phone

3154769797

Tax Period

2023-01-01 to 2023-12-31

LOCAL UNION 97-BUILDING CORP, founded in 1996, is a micro nonprofit in the Community Improvement sector that reported $4K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $25K exceeded revenue, resulting in a 575% operating deficit.

Mission

BUILDING CORPORATION

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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 $3,750

TOTAL REVENUE $3,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $25,296

TOTAL EXPENSES $25,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,750	$3,000	+0.3%
Expenses	$25,296	$25,363	0.0%
Net Income	$-21,546	$-22,363	0.0%

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

$615,323

Total Directors

$81,670

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM W VINCENT	EX.BOARD	1.00	Director	$0	$6,588	$12,101
MICHAEL C BISHOP	EX.BOARD	1.00	Director	$0	$0	$8,763
MARK S BUCCINA	EX.BOARD	1.00	Director	$0	$0	$3,109
TIMOTHY J COLLINS	EX.BOARD	1.00	Director	$0	$681	$3,790
PATRICK M O'NEILL	EX.BOARD	1.00	Director	$0	$755	$3,864
ROBYN M PALMER	EX.BOARD	1.00	Director	$0	$3,091	$7,237
STEVEN J WAGNER	EX.BOARD	1.00	Director	$0	$3,993	$18,107
STEPHEN J GIVNEY	EX.BOARD	1.00	Director	$0	$2,478	$8,849
DAVID M BRODIE	EX.BOARD	1.00	Director	$0	$6,972	$9,819
MEGAN E KROGH	EX.BOARD	1.00	Director	$0	$2,922	$6,031
MICHAEL T SHELBY	PRES/BUS. MGR	40.00	Officer	$0	$2,115	$177,024
JAMES J ZABINSKI	VICE PRESIDENT	40.00	Officer	$0	$5,327	$151,443
ANTHONY J BUGGE	TREASURER	40.00	Officer	$0	$3,597	$139,905
JAKE E METCHICK	REC. SECTY	40.00	Officer	$0	$10,643	$146,951
MICHAEL D BRADSHAW	BUS.REP	40.00	Highest	$0	$12,574	$151,465
JOSEPH R PELUSO JR	ASST.BUS.MGR	40.00	Highest	$0	$1,205	$158,772
CHRISTOPHER L ROACH	ASST.BUS.MGR	40.00	Highest	$0	$3,323	$160,692
JAMES D ZELASKO	ASST.BUS.MGR	40.00	Highest	$0	$4,871	$161,686
NEIL B CLARK	BUS.REP	40.00	Highest	$0	$3,449	$145,273
THEODORE SKERPON	FMR. PRES/BUS.MG	40.00		$0	$0	$3,476

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,750	$25,296	$621,941	$-21,546
2022	$3,000	$25,363	$643,487	$-22,363
2021	$2,400	$25,705	$665,850	$-23,305
2020	$1,600	$27,072	$689,155	$-25,472

LOCAL UNION 97-BUILDING CORP