ELEVATOR CONSTRUCTORS BUILDING ASSOCIATIONINC (EIN 222943589) - 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

1989

Legal Domicile

Principal Officer

PATRICK SAMPSON

Phone

6172881547

Tax Period

2023-01-01 to 2023-12-31

ELEVATOR CONSTRUCTORS BUILDING ASSOCIATIONINC, founded in 1989, is a small nonprofit in the Employment sector that reported $472K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $199K, a strong 42% operating margin.

Mission

THE ELEVATOR CONSTRUCTORS BUILDING ASSOCIATION, INC.'S EXEMPT PURPOSE IS TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY ON BEHALF OF INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL UNION NO. 4, TO COLLECT THE INCOME FROM SUCH REAL PROPERTY, TO PAY THE EXPENSES OF OPERATING AND MAINTAINING SUCH REAL PROPERTY, AND TO TURN OVER AMOUNTS AS PROPER TO LOCAL UNION NO. 4.

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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 $471,847

Investment Income $10

Other Revenue $0

TOTAL REVENUE $471,857

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $273,124

TOTAL EXPENSES $273,124

Year-over-Year Comparison

	2023	2022	Change
Revenue	$471,857	$311,732	+0.5%
Expenses	$273,124	$270,988	+0.0%
Net Income	$198,733	$40,744	+3.9%

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

N/A

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

$1,234,169

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY MORGAN	PRESIDENT	1.00	Officer	$0	$96,462	$320,505
JEFF HANDIBODE RESIGNED	EXECUTIVE BOARD	1.00	Officer	$0	$74,965	$230,886
ROBERT WARD	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,628
RYAN IOVINO	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,409
PATRICK SAMPSON	TREASURER	1.00	Officer	$0	$91,844	$299,888
ANDREW KLEMPA	EXECUTIVE BOARD	1.00	Officer	$0	$0	$1,752
JAMES JIMENEZ	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,409
PAUL ROGERS	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,409
ROBERT SCHOEN	EXECUTIVE BOARD	1.00	Officer	$0	$83,580	$283,616
MICHAEL CARON	EXECUTIVE BOARD	1.00	Officer	$0	$14,565	$59,416
RYAN ALLEN	RECORDING SECRETARY	1.00	Officer	$0	$0	$10,512
RICHARD ARCHIBALD	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,628
DOUGLAS CULLINGTON	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,190
PETER LANGER	EXECUTIVE BOARD	1.00	Officer	$0	$0	$10,512
ROBERT BARROWS	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,409

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	$471,857	$273,124	$2,347,862	$198,733
2022	$311,732	$270,988	$2,257,911	$40,744
2021	$289,328	$275,137	$2,314,969	$14,191
2020	$275,411	$269,894	$2,400,795	$5,517
2019	$227,749	$275,614	$2,490,401	$-47,865
2018	$303,982	$269,779	$2,609,003	$34,203

ELEVATOR CONSTRUCTORS BUILDING ASSOCIATIONINC