International Union UAW LOCAL 551

EIN: 361082223

CHICAGO, IL

Total Revenue
$5,336,205
Total Expenses
$5,834,324
Total Assets
$2,299,538
Net Assets
$1,959,029
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
IL
Principal Officer
CHRISTOPHER PENA
Phone
7736461472
Tax Period
2024-01-01 to 2024-12-31

International Union UAW LOCAL 551, founded in 1961, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2024.

Mission

Promote social/economic justice through collective bargaining, meetings, education, communication, organizing, community action, administration, maintenance of property/assets, delivery of benefits to represented mbrs, fraternal & social activities & activities which further common interests of the mbrship.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,242,842
Investment Income $7,028
Other Revenue $86,335
TOTAL REVENUE $5,336,205

Expense Breakdown

Grants Paid $1,500
Salaries & Benefits $1,680,309
Fundraising Expenses $0
Program Expenses $0
Other Expenses $4,152,515
TOTAL EXPENSES $5,834,324

Year-over-Year Comparison

2024 2023 Change
Revenue $5,336,205 $5,406,522 0.0%
Expenses $5,834,324 $4,863,586 +0.2%
Net Income $-498,119 $542,936 -1.9%
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

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Governance

Voting Members
15
Independent Members
N/A
Employees
209
Volunteers
10

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
16
$726,189
Total Directors
3
$146,777
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason L Wachowski Vice President 75.1
Officer
$123,013 $0 $123,013
Horace Hardy Trustee 73.4
Officer Director
$108,727 $0 $108,727
Melinda K Capps Recording Secretary 67.1
Officer
$86,672 $0 $86,672
A C Millender Plant Chairman 34.4
Officer
$83,856 $0 $83,856
Aaron G Straker Bargaining Unit 36.3
Officer
$83,139 $0 $83,139
Kenya L Townsend Bargaining Unit 32.5
Officer
$69,782 $0 $69,782
Jeff H Bacon Bargaining Unit 32.7
Officer
$68,023 $0 $68,023
Steven Roman Financial Secretary 52.8
Officer
$35,744 $0 $35,744
Kenneth R Denhartog Trustee 12.9
Officer Director
$25,435 $0 $25,435
Christopher Pena President 6.6
Officer
$13,657 $0 $13,657
Erika Walker Trustee 8.7
Officer Director
$12,615 $0 $12,615
Gralyn Simpson TDM Chairman 5.5
Officer
$7,465 $0 $7,465
Ralphael Ash Stg at arms 2.4
Officer
$3,391 $0 $3,391
Devon Warren Leadec Chairman 1.5
Officer
$2,690 $0 $2,690
Richard B Cauley Guide 1.2
Officer
$1,620 $0 $1,620
Marcia R Starks Retiree Rep 0
Officer
$360 $0 $360
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 $5,336,205 $5,834,324 $2,299,538 $-498,119
2023 $5,406,522 $4,863,586 $2,787,996 $542,936
2023 $5,406,522 $4,863,586 $2,787,996 $542,936
2022 $4,554,561 $5,090,987 $2,234,811 $-536,426
2022 $4,554,561 $5,090,987 $2,234,811 $-536,426
2021 $4,240,472 $3,717,344 $2,726,442 $523,128
2020 $4,522,386 $4,241,755 $2,206,642 $280,631
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