CHICAGO & MIDWEST REGIONAL JOINT BOARD WORKERS UNITED (EIN 362938055) - 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

1930

Legal Domicile

Principal Officer

NAOMI HANSHEW

Phone

3127386100

Tax Period

2024-01-01 to 2024-12-31

CHICAGO & MIDWEST REGIONAL JOINT BOARD WORKERS UNITED, founded in 1930, is a mid-sized nonprofit that reported $10.1M in total revenue in fiscal year 2024. Expenses of $8.8M left a modest 13% surplus.

Mission

THE JOINT BOARD'S PURPOSE IS TO ORGANIZE WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT FOR THEIR CONDITION AND STATUS IN LIFE. THE JOINT BOARD ALSO PROMOTES EFFICIENT SERVICE TO THE PUBLIC AND THE BEST INTEREST FOR MEMBER'S EMPLOYERS.

🔒

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 $9,584,342

Investment Income $400,844

Other Revenue $122,366

TOTAL REVENUE $10,107,552

Expense Breakdown

Grants Paid $26,359

Salaries & Benefits $4,724,546

Fundraising Expenses $0

Other Expenses $4,055,101

TOTAL EXPENSES $8,816,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,107,552	$9,369,203	+0.1%
Expenses	$8,816,070	$8,815,797	+0.0%
Net Income	$1,291,482	$553,406	+1.3%

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

409

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

$611,372

Total Directors

$292,060

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NAOMI HANSHEW	PRESIDENT	40.00	Officer	$154,349	$36,007	$190,356
CARLOS GINARD	VICE PRESIDENT	40.00	Officer	$120,321	$45,732	$166,053
DOUGLAS WARREN	SECRETARY/TREASURER - PAST	40.00	Officer	$84,151	$32,673	$116,824
MARK MILKO	SECRETARY/TREASURER - NEW	40.00	Officer	$97,468	$40,671	$138,139
ERIC MOORE	UNION REPRESENTATIVE	40.00	Director	$93,555	$39,726	$133,281
RACHELLE WILSON	UNION REPRESENTATIVE - NEW	40.00	Director	$73,713	$36,691	$110,404
ADAN ALVAREZ	ACTIVIST/EXECUTIVE BOARD - NEW	1.00	Director	$4,337	$0	$4,337
ANTWAN LEWIS	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$2,656	$0	$2,656
BRENDA DAVIS	ACTIVIST/EXECUTIVE BOARD - NEW	1.00	Director	$971	$0	$971
DARYL CHRIS KATZ	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$1,085	$0	$1,085
DAN COLLETA	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$637	$0	$637
DENISE WILLIAMS	ACTIVIST/EXECUTIVE BOARD - PAST	1.00	Director	$1,042	$0	$1,042
IRMA PALMERIN	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$2,211	$0	$2,211
JACKIE THOMPSON	ACTIVIST/EXECUTIVE BOARD - NEW	1.00	Director	$2,122	$0	$2,122
JEFFREY KELLETT	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$1,225	$0	$1,225
KAREN SHARP	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$470	$0	$470
KEN SIMS	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$3,033	$0	$3,033
KIMBERLY RIDLEY-SMITH	ACTIVIST/EXECUTIVE BOARD	3.00	Director	$1,342	$0	$1,342
LIZEHT SALAZAR CALZADA	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$634	$0	$634
MARJORIE TERRELL	ACTIVIST/EXECUTIVE BOARD	3.00	Director	$3,322	$0	$3,322
MATTHEW RINEHART	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$2,289	$0	$2,289
EMILIA CASTRO	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$2,960	$0	$2,960
PAUL VALLAS	ACTIVIST/EXECUTIVE BOARD - PAST	1.00	Director	$7,668	$0	$7,668
ROBERT GALLAGHER	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$3,022	$0	$3,022
RUSS DOYLE	ACTIVIST/EXECUTIVE BOARD - NEW	1.00	Director	$2,882	$0	$2,882
SAM SCHUMACHER	ACTIVIST/EXECUTIVE BOARD	3.00	Director	$800	$0	$800
SPENCER DIRRIG	ACTIVIST/EXECUTIVE BOARD - PAST	1.00	Director	$0	$0	$0
STEPHANYE BROWN	ACTIVIST/EXECUTIVE BOARD - PAST	1.00	Director	$0	$0	$0
SUSAN NAVA	ACTIVIST/EXECUTIVE BOARD	1.00	Director	$0	$0	$0
TAMIKA JONES	ACTIVIST/EXECUTIVE BOARD - NEW	1.00	Director	$860	$0	$860
VICTOR GOLDSBERRY	ACTIVIST/EXECUTIVE BOARD - NEW	1.00	Director	$1,400	$0	$1,400
TIM KITZBERGER	ACTIVIST/EXECUTIVE BOARD - PAST	1.00	Director	$207	$0	$207
YOLANDA JONES	ACTIVIST/EXECUTIVE BOARD - PAST	1.00	Director	$1,200	$0	$1,200
CHARLES SCHERBAUM	COMPTROLLER	40.00	Highest	$115,421	$45,300	$160,721

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	$10,107,552	$8,816,070	$8,933,810	$1,291,482
2023	$9,369,203	$8,815,797	$8,547,470	$553,406
2022	$9,376,725	$8,936,054	$8,058,803	$440,671
2021	$10,385,993	$8,145,786	$7,694,204	$2,240,207
2020	$9,080,661	$7,999,070	$5,568,414	$1,081,591
2018	$13,927,319	$10,262,567	$4,490,207	$3,664,752

CHICAGO & MIDWEST REGIONAL JOINT BOARD WORKERS UNITED