COMMUNICATIONS WORKERS OF AMERICA LOCAL 1081

EIN: 237031973

NEWARK, NJ

Total Revenue
$1,034,612
Total Expenses
$1,101,468
Total Assets
$1,267,878
Net Assets
$1,237,553
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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
1983
Legal Domicile
NJ
Principal Officer
DAVID WEINER
Phone
9736231081
Tax Period
2023-10-01 to 2024-09-30

COMMUNICATIONS WORKERS OF AMERICA LOCAL 1081, founded in 1983, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

ENHANCE THE WORKPLACE FOR COUNTY OF ESSEX WORKERS AND PROVIDE REIMBURSEMENTS FOR MEDICAL, OPTICAL, DENTAL AND DISABILITY TO THEIR MEMBERS.

Program Service Accomplishments

Program 1

ENHANCE THE WORKPLACE FOR COUNTY OF ESSEX WORKERS AND PROVIDE REIMBURSEMENTS FOR MEDICAL, OPTICAL, DENTAL AND DISABILITY TO THEIR 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,007,810
Investment Income $26,802
Other Revenue $0
TOTAL REVENUE $1,034,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,768
Fundraising Expenses $0
Other Expenses $257,471
TOTAL EXPENSES $1,101,468

Year-over-Year Comparison

2023 2022 Change
Revenue $1,034,612 $1,011,327 +0.0%
Expenses $1,101,468 $1,077,918 +0.0%
Net Income $-66,856 $-66,591 +0.0%
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
10
Independent Members
5
Employees
6
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
5
$93,168
Total Directors
11
$93,168
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WEINER PRESIDENT 33.00
Officer Director
$43,056 $0 $43,056
HEMESH SHAH TREASURER 8.00
Officer Director
$19,980 $0 $19,980
TAMEL JONES-HUNT EXECUTIVE V.P. 5.00
Officer Director
$7,488 $0 $7,488
ADRIENNE DAVIS FINANCIAL SECR 5.00
Officer Director
$14,724 $0 $14,724
CHARLENE JOHNSON-MORRISSON OFF 1223 RECORDING SECY 5.00
Officer Director
$7,920 $0 $7,920
CEDRIC MCCRAE BOARD MEMBER 5.00
Director
$0 $0 $0
BELINDA SALLEY BOARD MEMBER 5.00
Director
$0 $0 $0
CANDICE PERRY BOARD MEMBER 5.00
Director
$0 $0 $0
JOSE SANCHEZ BOARD MEMBER 5.00
Director
$0 $0 $0
CHRISTINA H KRIES BOARD MEMBER 5.00
Director
$0 $0 $0
DILMA HERNANDEZ ON 1223 RECORDING SECY 5.00
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
2024 $1,034,612 $1,101,468 $1,267,878 $-66,856
2023 $1,011,327 $1,077,918 $1,340,768 $-66,591
2022 $968,028 $1,066,820 $1,379,257 $-98,792
2021 $983,437 $1,125,773 $1,542,729 $-142,336
2020 $999,610 $929,893 $1,676,697 $69,717
2019 $984,419 $880,596 $1,582,988 $103,823
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