NEW YORK CITY DEMOLITION CONTRACTO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NEW YORK CITY DEMOLITION CONTRACTORS ASSOCIATION I, founded in 1978, is a micro nonprofit in the Employment sector that reported $92K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 52% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO REPRESENT ITS MEMBERS IN THE DEMOLITION INDUSTRY AND NEGOTIATE CONTRACTS WITH LABOR UNIONS.

Program Service Accomplishments

Program 1

Expenses: $43,651

THE ORGANIZATIONS MISSION IS TO REPRESENT ITS MEMBERS IN THE DEMOLITION INDUSTRY AND NEGOTIATE CONTRACTS WITH LABOR UNIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,335

Program Service Revenue $0

Investment Income $4,093

Other Revenue $0

TOTAL REVENUE $92,428

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,651

Other Expenses $44,226

TOTAL EXPENSES $44,226

Year-over-Year Comparison

	2023	2022	Change
Revenue	$92,428	$65,074	+0.4%
Expenses	$44,226	$26,347	+0.7%
Net Income	$48,202	$38,727	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALVATORE RUSSO Jr	PRESIDENT	1.00	Director	$0	$0	$0
DANIEL COLASUONNO	TREASURER	1.00	Officer	$0	$0	$0
TIMOTHY CONCANNON	SECRETARY	1.00	Officer	$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	$92,428	$44,226	$317,276	$48,202
2022	$65,074	$26,347	$269,074	$38,727
2021	$50,838	$37,893	$230,347	$12,945
2020	$76,070	$58,953	$217,402	$17,117
2019	$86,608	$45,674	$200,285	$40,934
2018	$55,748	$37,448	$159,351	$18,300

NEW YORK CITY DEMOLITION CONTRACTORS ASSOCIATION I