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

2010

Legal Domicile

Principal Officer

NOVELETTE WILSON-CISSE

Phone

9087973967

Tax Period

2024-10-01 to 2025-09-30

COMMUNICATIONS WORKERS OF AMERICA LOCAL 1065, founded in 2010, is a micro nonprofit that reported $37K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 40% operating margin.

Mission

THE ORGANIZATION EXISTS FOR THE BENEFIT OF THE MEMBERSHIP, PROVIDING COLLECTIVE BARGAINING, CONTRACT ADMINISTRATION & GRIEVANCE HANDLING.

Program Service Accomplishments

Program 1

LOCAL 1065 RECEIVES DUES FROM THE NATIONAL COMMUNICATIONS WORKERS OF AMERICA WHICH IT USES TO ORGANIZE, REPRESENT, TRAIN, NEGOTIATE FOR, AND INFORM ITS MEMBERSHIP. THEY ALSO HANDLE GRIEVANCES...

LOCAL 1065 RECEIVES DUES FROM THE NATIONAL COMMUNICATIONS WORKERS OF AMERICA WHICH IT USES TO ORGANIZE, REPRESENT, TRAIN, NEGOTIATE FOR, AND INFORM ITS MEMBERSHIP. THEY ALSO HANDLE GRIEVANCES, BARGAINING & OTHER EMPLOYMENT RELATED NEGOTIATIONS.

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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 $36,699

Investment Income $0

Other Revenue $317

TOTAL REVENUE $37,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $22,373

TOTAL EXPENSES $22,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,016	$46,564	-0.2%
Expenses	$22,373	$7,299	+2.1%
Net Income	$14,643	$39,265	-0.6%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBEY BROWN	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE HABER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MARIA HASKO	LOCAL SECRET	1.00	Officer Director	$0	$0	$0
BRIAN SMITH	RECORDING SE	1.00	Officer Director	$0	$0	$0
NOVELETTE WILSON-CISSE	PRESIDENT	1.00	Officer 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	$37,016	$22,373	$88,284	$14,643
2023	$34,579	$23,821	$34,376	$10,758
2022	$40,246	$50,834	$23,618	$-10,588
2021	$37,663	$46,449	$34,206	$-8,786
2020	$46,817	$56,365	$42,992	$-9,548
2019	$41,600	$66,674	$52,540	$-25,074
2018	$50,091	$58,802	$77,614	$-8,711

COMMUNICATIONS WORKERS OF AMERICA LOCAL 1065