INTERNATIONAL ASSOCIATION OF FIRE … - Form 990 Financial Data

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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

1950

Legal Domicile

Principal Officer

JASON HOWE

Phone

2015474268

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF FIRE L1064 JERSEY CITY FIRE OFFICERS, founded in 1950, is a small nonprofit that reported $292K in total revenue in fiscal year 2023. Expenses of $278K left a modest 5% surplus.

Mission

THE ORGANIZATION REPRESENTS ITS MEMBERSHIP AND HIRES ATTORNEYS FOR UNION CONTRACT NEGOTIATIONS & GRIEVENCES.MEETINGS ALLOW FOR THE DISSEMINATION OF RELEVANT FIRE OFFICERINFORMATION THROUGH MEMBERSHIPS IN RELATED ORGANIZATIONS.

Program Service Accomplishments

Program 1

LEGAL REPRESENTATION FOR CONTRACTS, GRIEVENANCES, ETC.UNION DUES TO AFFILIATED ORGANIZATIONS, MEETING EXPENSES, ETC.

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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 $281,462

Program Service Revenue $7,903

Investment Income $2,405

Other Revenue $0

TOTAL REVENUE $291,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,640

Fundraising Expenses $0

Other Expenses $218,506

TOTAL EXPENSES $278,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$291,770	$278,928	+0.0%
Expenses	$278,146	$248,122	+0.1%
Net Income	$13,624	$30,806	-0.6%

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

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

$54,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE NOWAK	PRESIDENT	20.00	Officer	$27,500	$0	$27,500
ROBERT W PILGER	V.PRESIDENT	6.00	Officer	$13,600	$0	$13,600
JASON HOWE	TREASURER	10.00	Officer	$13,600	$0	$13,600

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	$291,770	$278,146	$207,834	$13,624
2022	$278,928	$248,122	$194,210	$30,806
2021	$262,558	$244,102	$163,405	$18,456
2020	$247,277	$236,351	$144,948	$10,926
2019	$234,473	$220,240	$134,022	$14,233
2018	$216,531	$215,018	$119,788	$1,513

INTERNATIONAL ASSOCIATION OF FIRE L1064 JERSEY CITY FIRE OFFICERS