INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL UNION NO 320 (EIN 410977399) - 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

1971

Legal Domicile

Principal Officer

BRIAN ALDES

Phone

6123788700

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL UNION NO 320, founded in 1971, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023.

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,311,740

Investment Income $349,702

Other Revenue $40,434

TOTAL REVENUE $6,701,876

Expense Breakdown

Grants Paid $112,793

Salaries & Benefits $3,527,577

Fundraising Expenses $0

Other Expenses $3,088,890

TOTAL EXPENSES $6,729,260

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,701,876	$6,299,692	+0.1%
Expenses	$6,729,260	$7,068,918	0.0%
Net Income	$-27,384	$-769,226	-1.0%

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

N/A

Employees

141

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

$1,020,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ALDES	SECRETARY-TREASURER	50.00	Officer	$187,241	$66,285	$253,526
CURTIS SWENSON	VICE PRESIDENT	50.00	Officer	$165,031	$64,098	$229,129
ERIK SKOOG	PRESIDENT	50.00	Officer	$170,828	$64,641	$235,469
JOSHUA LOAHR	RECORDING SECRETARY/BUSINESS AGENT	50.00	Officer	$166,956	$64,291	$231,247
JILL NITKE-SCOTT	TRUSTEE	1.00	Officer	$26,561	$0	$26,561
BRETT OHNSTAD	TRUSTEE	1.00	Officer	$27,155	$0	$27,155
SARA PARCELLS	TRUSTEE - PAST	1.00	Officer	$4,590	$0	$4,590
CONNIE WESTLUND	TRUSTEE	1.00	Officer	$12,983	$0	$12,983
AUGUST FROEMKE	COMMUNICATIONS DIRECTOR	50.00	Highest	$140,227	$61,618	$201,845
ROGER MEUNIER	BUSINESS AGENT	50.00	Highest	$135,092	$61,104	$196,196
VANCE ROLFZEN	BUSINESS AGENT	50.00	Highest	$132,257	$60,821	$193,078
MARIKA OLIVIER	BUSINESS AGENT	50.00	Highest	$132,351	$60,830	$193,181
EDWARD REYNOSO	POLITICAL DIRECTOR	50.00	Highest	$131,790	$60,774	$192,564

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	No data	No data	No data	No data
2023	$6,701,876	$6,729,260	$6,422,568	$-27,384
2022	$6,299,692	$7,068,918	$5,897,514	$-769,226
2021	$7,295,839	$6,778,312	$7,696,230	$517,527
2020	$6,813,738	$6,277,875	$6,893,748	$535,863
2019	$6,972,389	$6,685,664	$5,980,398	$286,725
2018	$7,160,952	$6,797,579	$5,325,746	$363,373

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL UNION NO 320