CEMENT MASONS LOCAL 502 APPRENTICE EDUCATIONAL & TRAINING (EIN 362487783) - 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

1962

Legal Domicile

Principal Officer

KEVIN FARLEY

Phone

7085449105

Tax Period

2024-01-01 to 2024-12-31

CEMENT MASONS LOCAL 502 APPRENTICE EDUCATIONAL & TRAINING, founded in 1962, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Net assets of $6.7M represent 37 months of operating reserves.

Mission

TRAIN AND EDUCATE CEMENT MASON APPRENTICES

🔒

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 $1,987,795

Investment Income $179,518

Other Revenue $11,065

TOTAL REVENUE $2,178,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,121,382

Fundraising Expenses $0

Other Expenses $1,046,025

TOTAL EXPENSES $2,167,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,178,378	$2,236,167	0.0%
Expenses	$2,167,407	$1,940,811	+0.1%
Net Income	$10,971	$295,356	-1.0%

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

$222,426

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY LUNDSBERG	TRUSTEE - PAST	1.00	Director	$0	$0	$0
BRIAN BARRY	TRUSTEE	1.00	Director	$0	$0	$0
STEVE BAUMGARTNER	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
JOHN MANLEY	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
KEVIN FARLEY	TRUSTEE	1.00	Director	$0	$0	$0
LAWRENCE PICARDI JR	TRUSTEE - NEW	1.00	Director	$0	$0	$0
MICHAEL SELVAGGI	TRUSTEE - NEW	1.00	Director	$0	$0	$0
LAWRENCE PICARDI SR	TRUSTEE - PAST	1.00	Director	$0	$0	$0
ANTONIO ACEVEDO	TRAINING COORDINATOR	45.00	Officer	$155,009	$67,417	$222,426

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
2024	$2,178,378	$2,167,407	$6,914,242	$10,971
2023	$2,236,167	$1,940,811	$6,641,814	$295,356
2022	$1,887,454	$1,477,004	$5,962,518	$410,450
2021	$1,889,878	$1,231,556	$6,205,256	$658,322
2020	$2,020,391	$1,518,000	$5,592,498	$502,391
2019	$2,251,189	$1,584,914	$4,906,375	$666,275
2018	$2,000,573	$1,240,969	$4,006,670	$759,604

CEMENT MASONS LOCAL 502 APPRENTICE EDUCATIONAL & TRAINING