OPERATIVE PLASTERERS AND CEMENT MASONS INTERNATIONAL ASSOCIATION LOCAL 592

EIN: 230932560

PHILADELPHIA, PA

Total Revenue
$693,089
Total Expenses
$492,784
Total Assets
$4,011,461
Net Assets
$3,996,227
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
PA
Principal Officer
DENNIS FIFE
Phone
2154680235
Tax Period
2025-01-01 to 2025-12-31

OPERATIVE PLASTERERS AND CEMENT MASONS INTERNATIONAL ASSOCIATION LOCAL 592, founded in 1916, is a small nonprofit that reported $693K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $200K, a strong 29% operating margin.

Mission

THE OBJECTS OF THIS UNION SHALL BE TO ENCOURAGE A HIGH STANDARD OF SKILL AMONG ITS MEMBERS, THUS PROVIDING THE TRADE WITH COMPETENT WORKERS TO OBTAIN AND MAINTAIN A FAIR STANDARD OF WAGES; TO ASSIST EACH OTHER IN SECURING EMPLOYMENT; TO PROTECT THE JURISDICTION OF THE TRADE; TO THOROUGHLY ORGANIZE THOSE WORKING AT OUR CRAFTS FOR MUTUAL BENEFIT, PROTECTION AND GENERAL WELL BEING; AND TO ADVANCE AND ELEVATE THE MORAL, INTELLECTUAL, SOCIAL AND FINANCIAL CONDITIONS OF ALL ITS MEMBERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $586,031
Investment Income $107,058
Other Revenue $0
TOTAL REVENUE $693,089

Expense Breakdown

Grants Paid $359,389
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $132,395
TOTAL EXPENSES $492,784

Year-over-Year Comparison

2025 2024 Change
Revenue $693,089 $614,308 +0.1%
Expenses $492,784 $491,876 +0.0%
Net Income $200,305 $122,432 +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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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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
16
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
19
$1,953,234
Total Directors
2
$480
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT HOFFMAN UNION TRUSTEE 1.00
Director
$0 $0 $250
JAKE LEWIS UNION TRUSTEE 1.00
Officer Director
$0 $0 $230
MICHAEL SABATINI FINANCIAL SECRETARY-TREASU (P) 1.00
Officer
$0 $50,645 $130,157
SIMON HOLMONE RECORDING SECRETARY (P) 1.00
Officer
$0 $0 $200
JASON ERCOLONO EXECUTIVE BOARD 1.00
Officer
$0 $0 $300
MARK WILDSMITH PRESIDENT/BUS. MANAGER (P) 1.00
Officer
$0 $59,838 $159,149
DENNIS FIFE PRESIDENT/BUS. MANAGER 1.00
Officer
$0 $100,666 $279,844
ED LUTZ III EXECUTIVE BOARD 1.00
Officer
$0 $0 $570
CHRIS QUIGLEY EXECUTIVE BOARD (P) 1.00
Officer
$0 $0 $0
JAMES FIFE FIELD REPRESENTIVE 1.00
Officer
$0 $45,877 $121,097
MICHAEL SABATINI JR FIELD REPRESENTIVE 1.00
Officer
$0 $53,630 $141,124
KHALIF GRAHAM EXECUTIVE BOARD 1.00
Officer
$0 $0 $350
ROBERT PETRACCI FINANCIAL SECRETARY-TREASURER 1.00
Officer
$0 $97,293 $260,164
NEIL KLINE VICE PRESIDENT 1.00
Officer
$0 $104,708 $255,327
NICK BAIR FIELD REPRESENTIVE 1.00
Officer
$0 $87,005 $195,850
MIKE CAREY FIELD REPRESENTIVE 1.00
Officer
$0 $59,872 $168,217
JAMES KILKENY FIELD REPRESENTIVE 1.00
Officer
$0 $108,193 $239,185
DAVID DEFELICE SGT-AT-ARMS 1.00
Officer
$0 $0 $820
JOANNE MURPHY RECORDING SECRETARY 1.00
Officer
$0 $0 $400
NICHOLAS SABATINI EXECUTIVE BOARD 1.00
Officer
$0 $0 $250
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 $693,089 $492,784 $4,011,461 $200,305
2024 $614,308 $491,876 $3,664,082 $122,432
2023 $686,653 $720,600 $3,427,065 $-33,947
2022 $671,886 $619,700 $3,377,629 $52,186
2021 $660,380 $713,144 $3,587,501 $-52,764
2020 $601,132 $403,185 $3,753,027 $197,947
2019 $513,631 $437,052 $3,477,672 $76,579
2018 $381,529 $437,234 $3,305,167 $-55,705
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