WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTRAL MASSACHUSETTS ELECTRICAL LABOR MANAGEMENT FUND, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $615K, a strong 48% operating margin.
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS IMPROVING LABOR-MANAGEMENT RELATIONSHIPS BETWEEN I.B.E.W. LOCAL 96 AND ITS SIGNATORY EMPLOYERS RELATED TO THEIR MUTUAL INTERESTS. THE FUND PROVIDES A FORUM FOR DISCUSSING AND ENGAGING IN JOINT ACTIVITIES TO EXPAND WORK OPPORTUNITIES AND PROMOTE EFFICIENCY AND ECONOMIC COMPETITIVENESS. THE FUND ALSO PROMOTES ORGANIZATIONAL EFFECTIVENESS, ENHANCES ECONOMIC DEVELOPMENT, AND IMPROVES OTHER MATTERS THAT DIRECTLY AFFECT THE WORKING LIVES OF EMPLOYEES AND THE PROFITABILITY OF THE EMPLOYERS THAT ARE NOT READILY ADDRESSED THROUGH THE COLLECTIVE BARGAINING PROCESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,292,305 | $1,028,766 | +0.3% |
| Expenses | $677,050 | $401,184 | +0.7% |
| Net Income | $615,255 | $627,582 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES ARTHUR | SECRETARY | 5.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW OSTROW | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT LIDDY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOE ST PIERRE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID MARTINELLI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,292,305 | $677,050 | $2,264,209 | $615,255 |
| 2022 | $1,028,766 | $401,184 | $1,648,954 | $627,582 |
| 2021 | $693,250 | $892,052 | $1,021,372 | $-198,802 |
| 2020 | $484,090 | $1,290,720 | $1,220,174 | $-806,630 |
| 2019 | $367,942 | $394,164 | $2,026,804 | $-26,222 |
| 2018 | $393,253 | $543,523 | $2,053,027 | $-150,270 |
Compare CENTRAL MASSACHUSETTS ELECTRICAL LABOR MANAGEMENT FUND with other nonprofits in Massachusetts and across the country.