RIO GRANDE, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)POLICEMEN'S BENEVOLENT ASSOCIATION LOCAL #59 INC, founded in 1953, is a small nonprofit in the Mutual Benefit sector that reported $246K in total revenue in fiscal year 2024. Expenses of $275K exceeded revenue, resulting in a 12% operating deficit.
THE ORGANIZATION WAS ESTABLISHED TO FURTHER THE INTERESTS OF ITS MEMBERSHIP BY SEEKING IMPROVED TERMS AND CONDITIONS OF EMPLOYMENT, TO RENDER MORAL AND MATERIAL AID TO MEMBERS AS NEEDED, TO PROVIDE REPRESENTATION AND/OR COUNSEL IN LEGAL PROCEEDINGS, AND TO PROMOTE SOCIAL AND FRATERNAL ACTIVITIES.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $246,073 | $252,440 | 0.0% |
| Expenses | $274,553 | $327,499 | -0.2% |
| Net Income | $-28,480 | $-75,059 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| JEFFREY HARKINS | PRESIDENT | 10.00 |
Officer
Director
|
$2,000 | $0 | $2,000 |
| JOSEPH KOPETSKY | VICE PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN RANSOM JR | FIN. SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK VENDETTA | REC. SECRETARY | 5.00 |
Officer
Director
|
$250 | $0 | $250 |
| VINCENT DERITIS | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN VITOLA | SGT-AT-ARMS | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT SAUNDERS | DELEGATE | 5.00 |
Officer
Director
|
$1,500 | $0 | $1,500 |
| MICHAEL IAMES | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDRA GONZALEZ | TRUSTEE | 5.00 |
Director
|
$125 | $0 | $125 |
| ZACKARY MAGNAVITA | TRUSTEE | 5.00 |
Director
|
$125 | $0 | $125 |
| JAMES D'ALONZO | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SZAMCHEK | PRESIDENT/DELEGATE, THRU 06/2024 | 5.00 |
Officer
|
$1,000 | $0 | $1,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $246,073 | $274,553 | $569,058 | $-28,480 |
| 2023 | $252,440 | $327,499 | $598,458 | $-75,059 |
| 2022 | $432,489 | $320,615 | $675,273 | $111,874 |
| 2021 | $234,706 | $251,800 | $571,828 | $-17,094 |
| 2020 | $506,314 | $238,350 | $526,757 | $267,964 |
| 2019 | $318,869 | $255,929 | $258,793 | $62,940 |
| 2018 | $332,670 | $392,430 | $195,853 | $-59,760 |
Compare POLICEMEN'S BENEVOLENT ASSOCIATION LOCAL #59 INC with other nonprofits in New Jersey and across the country.