INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS (EIN 390368051) - 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

1903

Legal Domicile

Principal Officer

ALLEN KELSEY

Phone

2627869982

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS, founded in 1903, is a small nonprofit that reported $737K in total revenue in fiscal year 2023. Expenses of $656K left a modest 11% surplus.

Mission

COLLECTIVE BARGAINING ON BEHALF OF UNION MEMBERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $737,093

Investment Income $0

Other Revenue $0

TOTAL REVENUE $737,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $352,621

Fundraising Expenses $0

Program Expenses $0

Other Expenses $277,627

TOTAL EXPENSES $656,362

Year-over-Year Comparison

	2023	2022	Change
Revenue	$737,093	$691,441	+0.1%
Expenses	$656,362	$675,458	0.0%
Net Income	$80,731	$15,983	+4.1%

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

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

$2,051

Total Directors

$3,051

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN KELSEY	BUS REP/FIN SEC/TRS	40	Highest	$149,899	$0	$149,899
THOMAS WHITTENBERGER	PRESIDENT	0.5	Officer	$2,051	$0	$2,051
JOSEPH OMAN	EXECUTIVE BOARD	0.5	Director	$1,823	$0	$1,823
JOHN GUSHO	TRUSTEE	0.5	Director	$481	$0	$481
JOSEPH A GRENSAVITCH	TRUSTEE	0.5	Director	$385	$0	$385
BENJAMIN VANDENBERG	TRUSTEE	0.5	Director	$362	$0	$362
TAM CATTERALL	EXECUTIVE BOARD	0.5	Director	$0	$0	$0
DAVID NORD	VICE PRESIDENT/EXEC BOARD	0.5	Officer Director	$0	$0	$0
DAVID JURAK	EXECUTIVE BOARD	0.5	Director	$0	$0	$0
TREVOR SMITH	EXEC BOARD/CORRESPONDENT	0.5	Officer Director	$0	$0	$0
KEN HALEY	EXECUTIVE BOARD	0.5	Director	$0	$0	$0
ANDREW ZIELKE	RECORDING SECRETARY	0.5	Officer	$0	$0	$0
KEVIN CHASIN	WARDEN	0.5	Officer	$0	$0	$0
MICHAEL REEVES	WARDEN	0.5	Officer	$0	$0	$0

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	No data	No data	No data	No data
2023	$737,093	$656,362	$1,084,722	$80,731
2022	$691,441	$675,458	$962,028	$15,983
2021	$735,519	$642,227	$990,972	$93,292
2020	$778,193	$579,057	$897,680	$199,136

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS