81359 LOCAL

EIN: 237091646 Employment

WATERFORD, NY

Total Revenue
$370,155
Total Expenses
$223,328
Total Assets
$1,698,051
Net Assets
$1,698,051
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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
1950
Legal Domicile
NY
Principal Officer
JOSEPH HINES
Phone
5182332278
Tax Period
2024-10-01 to 2025-09-30

81359 LOCAL, founded in 1950, is a small nonprofit in the Employment sector that reported $370K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $147K, a strong 40% operating margin.

Mission

WORKERS UNION THAT PROTECTS WORKERS' RIGHTS, PROVIDES BENEFIT INFORMATION, AND PROMOTES A SAFE WORKPLACE FOR 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $264,541
Investment Income $117,118
Other Revenue $-11,504
TOTAL REVENUE $370,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,270
Fundraising Expenses $0
Program Expenses $223,332
Other Expenses $221,058
TOTAL EXPENSES $223,328

Year-over-Year Comparison

2024 2023 Change
Revenue $370,155 $319,994 +0.2%
Expenses $223,328 $261,922 -0.1%
Net Income $146,827 $58,072 +1.5%
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
7
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
3
$28,876
Total Directors
4
$770
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MASON HOEFER TRUSTEE 3.00
Director
$0 $90 $90
CONRAD LAPE TRUSTEE 3.00
Director
$0 $90 $90
JOSE BARRETO CHIEF SHOP STEWARD 2.00
Director
$0 $500 $500
DEANNA NELSON TRUSTEE 3.00
Director
$0 $90 $90
ANTHONY DECRESCENZO PRESIDENT 2.00
Officer
$0 $500 $11,554
COSMOS MUNANDI VICE PRESIDENT 3.00
Officer
$0 $500 $500
JOSEPH HINES SECRETARY-TREASURER 8.00
Officer
$0 $500 $16,822
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 $370,155 $223,328 $1,698,051 $146,827
2024 $319,994 $261,922 $1,620,715 $58,072
2023 $313,950 $284,468 $1,502,457 $29,482
2022 $364,409 $335,336 $1,439,772 $29,073
2021 $590,533 $452,141 $1,608,788 $138,392
2020 $593,948 $356,085 $1,379,536 $237,863
2019 $519,052 $428,502 $1,168,063 $90,550
2018 $607,114 $541,554 $1,113,760 $65,560
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