RAILWAY INDEPENDENT TRANSIT UNION (EIN 223763714) - 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

1994

Legal Domicile

Principal Officer

SHAAM SOMWARU

Phone

9734847640

Tax Period

2021-01-01 to 2021-12-31

RAILWAY INDEPENDENT TRANSIT UNION, founded in 1994, is a small nonprofit that reported $129K in total revenue in fiscal year 2021. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $387K represent 36 months of operating reserves.

Mission

TO PROVIDE UNION MEMBERS WITH BENEFITS IN THE EVENT OF A STRIKE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $125,711

Program Service Revenue $0

Investment Income $2,912

Other Revenue $0

TOTAL REVENUE $128,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,403

Fundraising Expenses $0

Program Expenses $139,881

Other Expenses $50,478

TOTAL EXPENSES $139,881

Year-over-Year Comparison

	2021	2020	Change
Revenue	$128,623	$111,951	+0.1%
Expenses	$139,881	$103,330	+0.4%
Net Income	$-11,258	$8,621	-2.3%

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

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

$43,086

Total Directors

$1,521

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMIAH HAYES	MEMBER, GEN EX BD	5.00	Director	$490	$0	$490
JOHN MILLER	CHAPLAIN	10.00	Director	$185	$0	$185
CHARLES CULVER	RECORDING SECRETARY	10.00	Director	$846	$0	$846
LUIS QUIZHPIS	SECRETARY GEN EX BD	10.00	Officer	$615	$0	$615
HARRY DOYLE	CHAIRMAN EXEC BOARD	10.00	Officer	$736	$0	$736
SHAAM SOMWARU	GENERAL PRESIDENT	10.00	Officer	$20,857	$0	$20,857
NICHOLAS J CALAMITO	LOCAL PRESIDENT	10.00	Officer	$185	$0	$185
MABRICA EDWARDS	LOCAL RECORDING SECRETARY	10.00	Officer	$200	$0	$200
JAMES KEARNS	VICE-CHAIRMAN	10.00	Officer	$1,200	$0	$1,200
DANIEL LACEY	GENERAL CHAIRMAN	10.00	Officer	$4,245	$0	$4,245
THOMAS MALONE	GENERAL CHAIRMAN	10.00	Officer	$2,746	$0	$2,746
FRANCISCO MAZA	LOCAL PRESIDENT	10.00	Officer	$4,186	$0	$4,186
GLEN MICEWICZ	LOCAL PRESIDENT	10.00	Officer	$300	$0	$300
RICHARD NIDHAN	LOCAL RECORDING SECRETARY	10.00	Officer	$370	$0	$370
GUSTAVO BERSANETTI	GENERAL SEC-TREAS	15.00	Officer	$1,249	$0	$1,249
JOSEPH JELONEK	ASST GENERAL PRES	10.00	Officer	$3,958	$0	$3,958
BRANDON REEVES	VICE-CHAIRMAN	10.00	Officer	$2,239	$0	$2,239

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
2021	$128,623	$139,881	$395,467	$-11,258
2020	$111,951	$103,330	$405,204	$8,621
2019	$113,954	$112,427	$397,535	$1,527

RAILWAY INDEPENDENT TRANSIT UNION