INTERNATIONAL LONGSHOREMAN 1242 IL (EIN 231120695) - 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

1960

Legal Domicile

Principal Officer

JAMES DUGAN

Phone

2154269898

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL LONGSHOREMAN 1242 IL, founded in 1960, is a small nonprofit that reported $521K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $309K, a strong 59% operating margin.

Mission

TO PROMOTE THE BEST INTEREST OF ITS MEMBERS AND THEIR FAMILIES TO NEGOTIATE, TO BARGAIN COLLECTIVELY, TO IMPROVE WAGES, AND TO PROMOTE HEALTH AND WELFARE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $520,742

Investment Income $0

Other Revenue $0

TOTAL REVENUE $520,742

Expense Breakdown

Grants Paid $15,200

Salaries & Benefits $107,198

Fundraising Expenses $0

Other Expenses $88,868

TOTAL EXPENSES $211,266

Year-over-Year Comparison

	2024	2023	Change
Revenue	$520,742	$564,160	-0.1%
Expenses	$211,266	$577,694	-0.6%
Net Income	$309,476	$-13,534	-23.9%

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

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

$358,511

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP RENZI	BUSINESS AGENT	45.00	Officer	$160,587	$30,184	$190,771
JAMES DUGAN	SECRETARY TREASURER	45.00	Officer	$132,876	$30,184	$163,060
DANIEL GALLAGHER	PRESIDENT	15.00	Officer	$1,560	$0	$1,560
MICHAEL MCCANN	RECORDING SECRETARY	15.00	Officer	$1,560	$0	$1,560
ALEXANDER BRAUN	TRUSTEE (P)	15.00	Officer	$1,560	$0	$1,560
JOHN O'LEARY	VICE PRESIDENT	15.00	Officer	$0	$0	$0
MICHAEL DONOHUE	MARSHALL	15.00	Officer	$0	$0	$0
PATRICK DUNPHY	TRUSTEE	15.00	Officer	$0	$0	$0
FRANCIS GALLAGHER	TRUSTEE	15.00	Officer	$0	$0	$0
JOSEPH RENZI	TRUSTEE	15.00	Officer	$0	$0	$0
PATRICK RENZI	TRUSTEE	15.00	Officer	$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
2024	$520,742	$211,266	$1,380,273	$309,476
2023	$564,160	$577,694	$1,072,950	$-13,534
2022	$599,680	$509,737	$1,086,484	$89,943
2021	$617,253	$450,818	$996,541	$166,435
2020	$570,612	$426,743	$826,856	$143,869
2019	$442,880	$460,267	$682,987	$-17,387
2018	$496,561	$430,637	$697,622	$65,924

INTERNATIONAL LONGSHOREMAN 1242 IL