COST OF LIVING FUND OF LOCAL 274 (EIN 262611534) - 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

2008

Legal Domicile

Phone

9736013828

Tax Period

2023-05-01 to 2024-04-30

COST OF LIVING FUND OF LOCAL 274, founded in 2008, is a small nonprofit in the Mutual Benefit sector that reported $230K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $209K left a modest 9% surplus.

Mission

Provision of cost of living benefits to eligible participants.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $226,019

Investment Income $3,662

Other Revenue $0

TOTAL REVENUE $229,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,719

Other Expenses $13,645

TOTAL EXPENSES $209,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,681	$207,981	+0.1%
Expenses	$209,364	$201,678	+0.0%
Net Income	$20,317	$6,303	+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

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

Total Directors

$902,354

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Driscoll	Trustee	1.00	Director	$0	$126,369	$311,716
Chester Rozmus	Trustee	1.00	Director	$0	$123,929	$296,517
Timothy Curran	Trustee	1.00	Director	$0	$123,929	$294,121
Phillip PetilloJr-MCA	Trustee	1.00	Director	$0	$0	$0
Kevin Armistead-Armistead Mech	Trustee	1.00	Director	$0	$0	$0
Robert DurrJr-BinskySnyder	Trustee	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	No data	No data	No data	No data
2024	$229,681	$209,364	$235,382	$20,317
2023	$207,981	$201,678	$214,117	$6,303
2022	$205,516	$165,306	$207,709	$40,210
2020	$221,901	$194,642	$223,325	$27,259

COST OF LIVING FUND OF LOCAL 274