Empire State Highway Contractors Association Inc

EIN: 161512458

Frankfort, NY

Total Revenue
$1,299,030
Total Expenses
$1,254,258
Total Assets
$150,899
Net Assets
$150,899
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
Dave Keenan
Phone
3158955303
Tax Period
2023-01-01 to 2023-12-31

Empire State Highway Contractors Association Inc, founded in 1970, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 3% surplus.

Mission

PROVIDE AND ADMINISTER HEALTH, WELFARE, AND PENSION BENEFITS TO EMLOYEES OF OUR EMPLOYER MEMBERS IN ADDITION TO PROVIDING TRAINING AND RELATED INSTRUCTION TO JOURNEYMAN AND APPRENTICES IN THE HEAVY HIGHWAY AND BRIDGE CONSTRUCTION TRADES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $36,800
Program Service Revenue $1,262,230
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,299,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $960,192
Fundraising Expenses $0
Program Expenses $0
Other Expenses $294,066
TOTAL EXPENSES $1,254,258

Year-over-Year Comparison

2023 2022 Change
Revenue $1,299,030 $1,248,525 +0.0%
Expenses $1,254,258 $1,222,260 +0.0%
Net Income $44,772 $26,265 +0.7%
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

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Governance

Voting Members
7
Independent Members
7
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
1
$194,458
Total Directors
7
$0
Key Employees
1
$194,458
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Keenan Executive Director 40
Officer Key Emp Highest
$194,458 $0 $194,458
Jim O'Brien Board Member 0
Director
$0 $0 $0
Michael Dillon Board Member 0
Director
$0 $0 $0
Jeffrey Distefano Board Member 0
Director
$0 $0 $0
Mark Galasso Board Member 0
Director
$0 $0 $0
Jeffrey Hanlon Board Member 0
Director
$0 $0 $0
David Collins Board Member 0
Director
$0 $0 $0
Carrie Speshock Board Member 0
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 No data No data No data No data
2023 $1,299,030 $1,254,258 $150,899 $44,772
2022 $1,248,525 $1,222,260 $106,126 $26,265
2021 $1,223,603 $1,190,299 $79,859 $33,304
2020 $1,194,265 $1,187,666 $46,285 $6,599
2019 $1,235,081 $1,257,891 $39,686 $-22,810
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