REGIONAL LOCAL UNION NO 847

🔒

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

2008

Legal Domicile

Principal Officer

MICHAEL RELYIN

Phone

6024426879

Tax Period

2024-07-01 to 2025-06-30

REGIONAL LOCAL UNION NO 847, founded in 2008, is a community nonprofit in the Employment sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $536K, a strong 26% operating margin.

Mission

TO ESTABLISH AND MAINTAIN WAGE RATES AND OTHER CONDITIONS OF EMPLOYMENT FOR ITS MEMBERS WHO PERFORM REINFORCING IRON WORK WITHIN THE TERRITORIAL JURISDICTION OF THE ORGANIZATION.

Program Service Accomplishments

Program 1

THE ORGANIZATION EXISTS FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING WAGE RATES AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT FOR ITS MEMBERS THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS OF ITS...

THE ORGANIZATION EXISTS FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING WAGE RATES AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT FOR ITS MEMBERS THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS OF ITS MEMBERS WHO PERFORM REINFORCING IRON WORK WITHIN THE TERRITORIAL JURISDICTION OF THE ORGANIZATION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,937,033

Investment Income $88,050

Other Revenue $1,734

TOTAL REVENUE $2,026,817

Expense Breakdown

Grants Paid $439

Salaries & Benefits $736,439

Fundraising Expenses $0

Other Expenses $753,577

TOTAL EXPENSES $1,490,455

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,026,817	$2,248,399	-0.1%
Expenses	$1,490,455	$1,508,230	0.0%
Net Income	$536,362	$740,169	-0.3%

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

N/A

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

$351,149

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL RELYIN	ADMINISTRATOR	1.0	Officer	$0	$96,455	$351,149
DYLAN DALTON	BUSINESS AGENT	40.0	Highest	$119,829	$25,462	$145,291
DEWEY CARLSTROM	BUSINESS AGENT	40.0	Highest	$117,989	$23,883	$141,872

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	$2,026,817	$1,490,455	$3,245,340	$536,362
2024	$2,248,399	$1,508,230	$2,709,370	$740,169
2023	$2,217,012	$1,368,908	$1,967,555	$848,104
2022	$1,383,130	$1,386,939	$1,115,676	$-3,809
2021	$1,460,604	$1,455,558	$1,126,361	$5,046
2020	$1,782,604	$1,528,773	$1,110,482	$253,831
2019	$1,633,086	$1,477,358	$832,726	$155,728
2018	$1,495,905	$1,627,277	$652,091	$-131,372