INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

EIN: 410790894

LITTLE CANADA, MN

Total Revenue
$1,982,965
Total Expenses
$1,837,735
Total Assets
$3,836,094
Net Assets
$3,836,094
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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
1918
Legal Domicile
MN
Principal Officer
RYAN PARKOS
Phone
6512870817
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS, founded in 1918, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Expenses of $1.8M left a modest 7% surplus.

Mission

LABOR UNION

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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 $70,310
Program Service Revenue $1,772,453
Investment Income $118,267
Other Revenue $21,935
TOTAL REVENUE $1,982,965

Expense Breakdown

Grants Paid $30,764
Salaries & Benefits $911,836
Fundraising Expenses $0
Other Expenses $859,157
TOTAL EXPENSES $1,837,735

Year-over-Year Comparison

2024 2023 Change
Revenue $1,982,965 $1,884,059 +0.1%
Expenses $1,837,735 $1,706,434 +0.1%
Net Income $145,230 $177,625 -0.2%
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
54
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
21
$522,817
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN PARKOS BUSINESS MANAGER 48.25
Officer
$176,223 $89,356 $265,579
MATT STRAIN EXECUTIVE BOARD 1.00
Officer
$300 $0 $300
ROBERT AGUILERA EXECUTIVE BOARD 1.00
Officer
$1,039 $0 $1,039
ALEC PLOTTS TRUSTEE 1.00
Officer
$645 $0 $645
ALEXANDER LITTMAN CORRESPONDENT 1.00
Officer
$0 $0 $0
DWIGHT DUPEY EXECUTIVE BOARD 1.00
Officer
$530 $0 $530
JIM EGGE EXECUTIVE BOARD 1.00
Officer
$587 $0 $587
ALEC PLOTTS EXECUTIVE BOARD - PAST 1.00
Officer
$0 $0 $0
TOM SCHMIDT VICE PRESIDENT 1.00
Officer
$2,566 $1,255 $3,821
JEFF THARALDSON DOOR WARDEN - PAST 1.00
Officer
$0 $0 $0
DAVID MORIN EXECUTIVE BOARD - PAST 1.00
Officer
$230 $0 $230
TODD MINDESTROM EXECUTIVE BOARD 1.00
Officer
$647 $0 $647
KEVIN WESTPHALL EXECUTIVE BOARD 1.00
Officer
$705 $0 $705
STEPHEN REZMER EXECUTIVE BOARD - PAST 1.00
Officer
$705 $0 $705
ERIC RUUD TRUSTEE 1.00
Officer
$415 $0 $415
BILL EMEOTT TRUSTEE - PAST 1.00
Officer
$115 $0 $115
NICK NEWSTROM TRUSTEE 1.00
Officer
$357 $0 $357
ROBERT NELSON PRESIDENT 1.00
Officer
$1,287 $0 $1,287
SHANE ZUPKO RECORDING SECRETARY/BUSINESS REP 48.00
Officer
$155,852 $89,356 $245,208
JON OACHS DOOR WARDEN 1.00
Officer
$0 $0 $0
JEFF THARALDSON EXECUTIVE BOARD 1.00
Officer
$647 $0 $647
BRANDON LEIPZIG BUSINESS REPRESENTATIVE 48.00
Highest
$152,569 $89,356 $241,925
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 $1,982,965 $1,837,735 $3,836,094 $145,230
2023 $1,884,059 $1,706,434 $3,641,665 $177,625
2022 $1,791,387 $1,676,056 $3,410,348 $115,331
2021 $1,759,327 $1,633,056 $3,244,690 $126,271
2020 $1,803,450 $1,592,068 $3,068,227 $211,382
2019 $1,804,063 $1,624,226 $2,816,707 $179,837
2018 $1,758,460 $1,502,501 $2,648,911 $255,959
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