GRAPHIC ARTS LOCAL 62B PRINTING INDUSTRIES

EIN: 226063285

W Caldwell, NJ

Total Revenue
$1,457,952
Total Expenses
$1,358,297
Total Assets
$1,029,459
Net Assets
$1,024,192
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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
1953
Legal Domicile
NJ
Principal Officer
HARRY SELNOW
Phone
9732276801
Tax Period
2024-04-01 to 2025-03-31

GRAPHIC ARTS LOCAL 62B PRINTING INDUSTRIES, founded in 1953, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 7% surplus.

Mission

HEALTH BENEFIT FUND

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,390,605
Investment Income $67,327
Other Revenue $20
TOTAL REVENUE $1,457,952

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,358,297
Other Expenses $25,940
TOTAL EXPENSES $1,358,297

Year-over-Year Comparison

2024 2023 Change
Revenue $1,457,952 $1,257,223 +0.2%
Expenses $1,358,297 $1,244,220 +0.1%
Net Income $99,655 $13,003 +6.7%
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

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Governance

Voting Members
2
Independent Members
2
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
$27,304
Total Directors
2
$27,304
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARRY SELNOW TRUSTEE 2.00
Officer Director
$0 $3,129 $27,304
KEVIN PASSANTE TRUSTEE 2.00
Director
$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
2025 $1,457,952 $1,358,297 $1,029,459 $99,655
2024 $1,257,223 $1,244,220 $959,992 $13,003
2023 $136,102 $169,633 $842,627 $-33,531
2022 $207,355 $59,891 $882,256 $147,464
2021 $196,168 $53,614 $748,760 $142,554
2020 $195,875 $65,420 $588,282 $130,455
2019 $129,120 $112,696 $462,944 $16,424
2018 $59,158 $165,104 $451,349 $-105,946
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