COMMUNICATIONS WORKERS OF AMERICA … - 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

1951

Legal Domicile

Principal Officer

STEPHEN GRISWOLD

Phone

3123724111

Tax Period

2024-10-01 to 2025-09-30

COMMUNICATIONS WORKERS OF AMERICA 54041 NABET LOCAL 41, founded in 1951, is a small nonprofit that reported $636K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $588K left a modest 7% surplus.

Mission

LABOR UNION

Program Service Accomplishments

Program 1

THE LOCAL REPRESENTS APPROXIMATELY 700 ACTIVE MEMBERS, STAFF AND DAILY HIRE WORKERS, AND HAS CONTRACTS WITH EMPLOYERS IN A MULTI STATE REGION. OUR PURPOSE IS TO AID WORKERS IN BROADCASTING AND...

THE LOCAL REPRESENTS APPROXIMATELY 700 ACTIVE MEMBERS, STAFF AND DAILY HIRE WORKERS, AND HAS CONTRACTS WITH EMPLOYERS IN A MULTI STATE REGION. OUR PURPOSE IS TO AID WORKERS IN BROADCASTING AND RELATED INDUSTRIES TO SECURE IMPROVED WAGES, HOURS AND WORKING CONDITIONS THROUGH COLLECTIVE BARGAINING. TO PROMOTE THE ORGANIZATION OF THE UNORGANZIED IN THESE INDUSTRIES. TO REPRESENT AND ENCOURAGE ALL WORKERS TO PARTICIPATE IN THE FULL BENEFITS OF THIS UNION. TO CONTINUE TO ADVANCE THE SCIENCE OF BROADCASTING AND ALLIED INDUSTRIES. TO CONTINUE THE EDUCATION AND TRAINING OF THESE WORKERS IN NEW TECHNOLOGIES AS THEY DEVELOP IN THESE INDUSTRIES, AND TO ADVANCE THE TRADE UNION CAUSE.

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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 $606,680

Investment Income $23,695

Other Revenue $5,240

TOTAL REVENUE $635,615

Expense Breakdown

Grants Paid $4,975

Salaries & Benefits $307,145

Fundraising Expenses $0

Other Expenses $205,804

TOTAL EXPENSES $588,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$635,615	$529,267	+0.2%
Expenses	$588,219	$567,218	+0.0%
Net Income	$47,396	$-37,951	-2.2%

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

$157,762

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN GRISWOLD	PRESIDENT - NEW	40.00	Officer	$5,539	$0	$5,539
EUGENE MAXWELL	TEMP ADMINISTRATOR-PAST	40.00	Officer	$146,998	$0	$146,998
RYAN FARNHAM	VICE PRESIDENT -NEW	1.00	Officer	$375	$0	$375
JEFF FREEMAN	TREASURER - NEW	10.00	Officer	$0	$0	$0
TRAVIS SKUPIEN	SECRETARY - NEW	1.00	Officer	$240	$0	$240
JORGE LARA	STEWARD	1.00	Officer	$540	$0	$540
PATRICK KEATING	STEWARD	1.00	Officer	$540	$0	$540
MICHAEL JOHNSON	STEWARD - PAST	1.00	Officer	$240	$0	$240
D OSBORNE GRESHAM	STEWARD	1.00	Officer	$1,170	$0	$1,170
RICH HOFFMAN	STEWARD	1.00	Officer	$240	$0	$240
LUCAS HERZOG	STEWARD - NEW	1.00	Officer	$140	$0	$140
NATHAN CANTU	STEWARD-PAST	1.00	Officer	$100	$0	$100
LEO BOROWSKI	STEWARD	1.00	Officer	$240	$0	$240
KEN WEBSTER	STEWARD-PAST	1.00	Officer	$240	$0	$240
ANTONIO MONTES	STEWARD-PAST	1.00	Officer	$240	$0	$240
DALE KUPER	STEWARD-PAST	1.00	Officer	$240	$0	$240
DAVID ZAVOLTA	STEWARD-PAST	1.00	Officer	$240	$0	$240
DOUG WEBBER	STEWARD-PAST	1.00	Officer	$100	$0	$100
JEFF CHEATHAM	STEWARD-PAST	1.00	Officer	$100	$0	$100
ROSEMARY ROBINSON	STEWARD-PAST	1.00	Officer	$240	$0	$240
MARIA HERRERA-ATKINSON	STEWARD (ALT) - NEW	1.00	Officer	$0	$0	$0
MICHAEL CUNNINGHAM	STEWARD - NEW	1.00	Officer	$0	$0	$0
ALEXIS AMBROSE	STEWARD - NEW	1.00	Officer	$0	$0	$0
VICTORIA FREEMAN	STEWARD - NEW	1.00	Officer	$0	$0	$0
CASEY MITCHELL	STEWARD (ALT) - NEW	1.00	Officer	$0	$0	$0
BIANCA WILLIAMS	STEWARD (ALT) - NEW	1.00	Officer	$0	$0	$0
CALEB PARSE	STEWARD (ALT) - NEW	1.00	Officer	$0	$0	$0
BRIAN CARLSON	STEWARD - NEW	1.00	Officer	$0	$0	$0
MATTHEW SHEKO	STEWARD (ALT) - NEW	1.00	Officer	$0	$0	$0
STEPHFON WARD	STEWARD - NEW	1.00	Officer	$0	$0	$0
COREY GOODMAN	STEWARD (ALT)	1.00	Officer	$0	$0	$0
MIKE MAHER	STEWARD (ALT)	1.00	Officer	$0	$0	$0
VICTOR WONG	STEWARD (ALT)	1.00	Officer	$0	$0	$0
KAREN DEMOS	STEWARD	1.00	Officer	$0	$0	$0
NATHAN PARSE	STEWARD - NEW	1.00	Officer	$0	$0	$0
ROBERT ARTINIAN	STEWARD (ALT) - PAST	1.00	Officer	$0	$0	$0
REED SEILER	STEWARD (ALT) - PAST	1.00	Officer	$0	$0	$0
STEPHEN PLAZAK	STEWARD (ALT) - PAST	1.00	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
2025	$635,615	$588,219	$1,162,372	$47,396
2024	$529,267	$567,218	$1,098,888	$-37,951
2023	$432,931	$746,370	$1,121,308	$-313,439
2022	$521,259	$569,866	$1,440,306	$-48,607
2021	$524,222	$459,838	$1,538,687	$64,384
2020	$493,409	$443,135	$1,479,272	$50,274
2019	$594,628	$590,484	$1,434,829	$4,144
2018	$647,362	$610,274	$1,429,858	$37,088

COMMUNICATIONS WORKERS OF AMERICA 54041 NABET LOCAL 41