INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

EIN: 396078696

MADISON, WI

Total Revenue
$535,644
Total Expenses
$435,235
Total Assets
$610,253
Net Assets
$610,253
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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
1955
Legal Domicile
WI
Principal Officer
ADAM LEX
Phone
6085755528
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS, founded in 1955, is a small nonprofit that reported $536K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $100K, a strong 19% operating margin.

Mission

LABOR UNION REPRESENTING PERSONS PERFORMING ELEVATOR CONSTRUCTION AND MAINTENANCE

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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 $510,422
Investment Income $22,365
Other Revenue $2,857
TOTAL REVENUE $535,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $274,565
Fundraising Expenses $0
Program Expenses $0
Other Expenses $144,762
TOTAL EXPENSES $435,235

Year-over-Year Comparison

2024 2023 Change
Revenue $535,644 $470,317 +0.1%
Expenses $435,235 $444,052 0.0%
Net Income $100,409 $26,265 +2.8%
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
13
Independent Members
11
Employees
2
Volunteers
20

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
5
$172,396
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM LEX BUSINESS MANAGER 45.0
Officer Highest
$164,395 $0 $164,395
ANDREW GORMAN FINANCIAL SECRATARY TREASURER 3.0
Officer
$8,001 $0 $8,001
HEATH BRISTOL EXECUTIVE BOARD 1
Director
$0 $0 $0
KEVIN CARLSON EXECUTIVE BOARD 1.0
Director
$0 $0 $0
BARRY HANSEN EXECUTIVE BOARD 1
Director
$0 $0 $0
TYLER WILCOX EXECUTIVE BOARD 1
Director
$0 $0 $0
MATTHEW WACHUTA EXECUTIVE BOARD 1
Director
$0 $0 $0
LOGAN HALVERSON TRUSTEE 1
Director
$0 $0 $0
ANNA GEHRKE TRUSTEE 1
Director
$0 $0 $0
NICHOLAS WEISS TRUSTEE 1
Director
$0 $0 $0
BRYAN EGLE PRESIDENT 1.0
Officer
$0 $0 $0
PATRICK SCHRADER VICE PRESIDENT 1
Officer
$0 $0 $0
DYLAN SCHOENEBERG WARDEN 1
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 $535,644 $435,235 $610,253 $100,409
2023 $470,317 $444,052 $496,108 $26,265
2022 $403,830 $394,879 $478,796 $8,951
2021 $457,973 $401,259 $478,242 $56,714
2020 $431,079 $368,451 $408,509 $62,628
2019 $383,238 $371,041 $348,788 $12,197
2018 $426,504 $356,720 $322,393 $69,784
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