ELECTRICAL WORKERS LOCAL 237 INC

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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

1958

Legal Domicile

Principal Officer

JOHN SCHERRER

Phone

7162973650

Tax Period

2024-07-01 to 2025-06-30

ELECTRICAL WORKERS LOCAL 237 INC, founded in 1958, is a micro nonprofit that reported $87K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $153K exceeded revenue, resulting in a 77% operating deficit.

Mission

ELECTRICAL WORKERS LOCAL 237, INC. HOLDS TITLE TO THE PROPERTY AND OFFICE FACILITIES USED BY IBEW LOCAL 237 AND ITS RELATED BENEFIT FUNDS OFFICE.

Program Service Accomplishments

Program 1

Expenses: $153,465 Revenue: $86,520

ELECTRICAL WORKERS LOCAL 237, INC. HOLDS TITLE TO THE PROPERTY AND OFFICE FACILITIES USED BY IBEW LOCAL 237 AND ITS RELATED BENEFIT FUNDS OFFICE.

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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 $86,520

Investment Income $0

Other Revenue $0

TOTAL REVENUE $86,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,465

Other Expenses $153,465

TOTAL EXPENSES $153,465

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,520	$306,732	-0.7%
Expenses	$153,465	$59,798	+1.6%
Net Income	$-66,945	$246,934	-1.3%

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

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

$374,063

Total Directors

$376,463

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM AURELIO	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$2,400
JAMES BAILOR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NICOLAUS COYLE	ORGANIZER	42.50	Officer Director	$0	$69,814	$176,471
FREDERICK DUMAIS	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
CRAIG HORROCKS	PRESIDENT	6.00	Officer Director	$0	$0	$3,000
MICHAEL PROSSER	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$1,500
CODY SAMOL	EXECUTIVE BOARD	1.00	Director	$0	$0	$2,400
JOHN SCHERRER	BUSINESS MANAGER	42.50	Officer Director	$0	$60,311	$187,992
JOSEPH SCRIVANO	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
JAMIE SWARTZ	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
MICHAEL WALTER	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
PAUL WILLIAMS	TREASURER	1.00	Officer Director	$0	$0	$2,700
JEFFREY YUZVA	EXECUTIVE BOARD	1.00	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
2025	$86,520	$153,465	$516,524	$-66,945
2024	$306,732	$59,798	$594,429	$246,934