SUPPLEMENTAL UNEMPLOYMENT BENEFIT PLAN FOR EMPLOYEES OF COLD SPRING CONST CO

EIN: 161580043

AKRON, NY

Total Revenue
N/A
Total Expenses
$1,009
Total Assets
N/A
Net Assets
N/A
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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
1999
Legal Domicile
NY
Principal Officer
RICHARD E FORRESTEL JR
Phone
7165422011
Tax Period
2023-04-01 to 2024-03-31

Mission

TO SUPPLEMENT STATE UNEMPLOYMENT BENEFITS FOR COVERED EMPLOYEES OF COLD SPRING CONSTRUCTION COMPANY.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,009
Other Expenses $0
TOTAL EXPENSES $1,009

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $961,656 -1.0%
Expenses $1,009 N/A N/A
Net Income N/A $961,656 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

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Governance

Voting Members
2
Independent Members
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD E FORRESTEL JR TRUSTEE 0.30
Director
$0 $0 $0
RYAN M FORRESTEL TRUSTEE 0.10
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 $1,009 No data No data
2023 $961,656 No data $2,017 No data
2022 $1,569,968 $1,569,968 $2,017 No data
2021 $1,511,416 $1,511,416 $2,017 No data
2020 $1,603,912 $1,603,912 $2,331 No data
2019 $1,406,774 $1,406,830 $2,331 $-56
2018 $1,342,943 $1,342,146 $2,387 $797
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