AMALGAMATED TRANSIT UNION #308 (EIN 360721805) - 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

1902

Legal Domicile

Principal Officer

CLEVELAND ATKINS

Phone

3127824665

Tax Period

2025-01-01 to 2025-12-31

AMALGAMATED TRANSIT UNION #308, founded in 1902, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2025. Expenses of $2.9M left a modest 8% surplus.

Mission

LABOR UNION

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,153,929

Investment Income $10

Other Revenue $60,307

TOTAL REVENUE $3,214,246

Expense Breakdown

Grants Paid $7,447

Salaries & Benefits $1,632,312

Fundraising Expenses $0

Other Expenses $1,308,679

TOTAL EXPENSES $2,948,838

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,214,246	$3,050,013	+0.1%
Expenses	$2,948,838	$2,780,964	+0.1%
Net Income	$265,408	$269,049	0.0%

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

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

$957,083

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PENNIE MCCOACH	PRESIDENT / BUSINESS AGENT	40.00	Officer	$172,878	$0	$172,878
MARK WEEMS	FIRST VICE-PRESIDENT	40.00	Officer	$160,309	$0	$160,309
JAMES BATTLE	SECOND VICE-PRESIDENT	40.00	Officer	$160,119	$0	$160,119
CLEVELAND ATKINS	SECRETARY-TREASURER	40.00	Officer	$168,577	$0	$168,577
CASSIE COLLINS	ASSISTANT SECRETARY-TREASU	5.00	Officer	$58,430	$0	$58,430
THOMAS MOORE	EXECUTIVE BOARD MEMBER	5.00	Officer	$28,658	$0	$28,658
THOMAS MORGAN	EXECUTIVE BOARD MEMBER	5.00	Officer	$27,913	$0	$27,913
MARTIN GALLARDO	EXECUTIVE BOARD MEMBER	5.00	Officer	$25,267	$0	$25,267
ANTWAUN SANDERS	EXECUTIVE BOARD MEMBER	5.00	Officer	$19,038	$0	$19,038
COREY CARR	EXECUTIVE BOARD MEMBER	5.00	Officer	$22,614	$0	$22,614
BRYAN SPENCER	EXECUTIVE BOARD MEMBER	5.00	Officer	$20,914	$0	$20,914
DUANE ARMOUR	EXECUTIVE BOARD MEMBER	5.00	Officer	$24,684	$0	$24,684
MICHAEL OVERSTREET	EXECUTIVE BOARD MEMBER	5.00	Officer	$12,132	$0	$12,132
ERIC BASIR	EXECUTIVE BOARD MEMBER	5.00	Officer	$11,273	$0	$11,273
AUDREY VEASLEY	EXECUTIVE BOARD MEMBER	5.00	Officer	$23,095	$0	$23,095
MAURICE BOOKER JR	EXECUTIVE BOARD MEMBER	5.00	Officer	$21,182	$0	$21,182
ELMONDO PASSMORE	EXECUTIVE BOARD MEMBER - PAST	5.00	Officer	$0	$0	$0
WILLETTE LUCAS	EXECUTIVE BOARD MEMBER - PAST	5.00	Officer	$0	$0	$0
ANITA HERSH	ATTORNEY	40.00	Highest	$220,844	$0	$220,844

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	$3,214,246	$2,948,838	$1,435,161	$265,408
2024	No data	No data	No data	No data
2023	$2,487,121	$2,675,073	$909,929	$-187,952
2022	$2,582,418	$2,576,831	$1,147,984	$5,587
2021	$2,612,703	$2,502,743	$1,318,038	$109,960
2020	$2,711,540	$2,553,383	$1,017,548	$158,157
2019	$2,733,649	$2,646,866	$872,944	$86,783
2018	$2,969,433	$3,415,822	$849,062	$-446,389

AMALGAMATED TRANSIT UNION #308