TEAMSTERS LOCAL UNION NO 348 (EIN 340582490) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1933

Legal Domicile

Principal Officer

PATRICK J DARROW

Phone

3304343424

Tax Period

2025-01-01 to 2025-12-31

TEAMSTERS LOCAL UNION NO 348, founded in 1933, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025.

Mission

TO ORGANIZE WORKERS AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZING, NEGOTIATIONS AND COLLECTIVE BARGAINING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,192,549

Program Service Revenue $14,400

Investment Income $-56,515

Other Revenue $51,023

TOTAL REVENUE $1,201,457

Expense Breakdown

Grants Paid $560

Salaries & Benefits $686,163

Fundraising Expenses $0

Program Expenses $1,241,041

Other Expenses $552,089

TOTAL EXPENSES $1,241,041

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,201,457	$1,202,775	0.0%
Expenses	$1,241,041	$1,143,646	+0.1%
Net Income	$-39,584	$59,129	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$325,655

Total Directors

$12,431

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK J DARROW	SEC-TREAS &	40.00	Officer	$97,943	$40,000	$137,943
CRAIG GRAHAM	PRESIDENT	40.00	Officer	$96,686	$0	$96,686
CONNER DARROW	REC. SEC.& B	40.00	Officer	$86,551	$0	$86,551
ERIC BAUMBERGER	VICE PRESIDE	1.00	Officer	$4,475	$0	$4,475
AL KIRKBRIDE	TRUSTEE	1.00	Director	$7,048	$0	$7,048
MICHAEL LATIN	TRUSTEE	1.00	Director	$3,290	$0	$3,290
FITZ JAMES	TRUSTEE	1.00	Director	$2,093	$0	$2,093
LUKE MASH	BUSINESS AGE	40.00		$36,050	$0	$36,050

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	$1,201,457	$1,241,041	$947,631	$-39,584
2024	No data	No data	No data	No data
2023	$1,113,115	$1,045,900	$874,234	$67,215
2022	$1,071,361	$1,070,598	$826,555	$763
2021	$1,121,266	$970,920	$725,845	$150,346
2020	$1,009,540	$955,575	$596,012	$53,965
2019	$974,138	$991,465	$561,505	$-17,327
2018	$940,726	$953,520	$550,618	$-12,794

TEAMSTERS LOCAL UNION NO 348