UNITED ELECTRICAL RADIO & MACHINE … - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

MELODY SILVER

Phone

5152999840

Tax Period

2024-07-01 to 2025-06-30

UNITED ELECTRICAL RADIO & MACHINE WORKERS LOCAL 893, founded in 1982, is a small nonprofit that reported $136K in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $200K exceeded revenue, resulting in a 46% operating deficit.

Mission

TO PROMOTE COLLECTIVE BARGAINING AND PROTECT THE CONTRACTUAL RIGHTS OF OUR MEMBERS.

Program Service Accomplishments

Program 1

THE UNION NEGOTIATES COLLECTIVE BARGAINING AGREEMENTS WITH EMPLOYERS AND PROCESSES GRIEVANCES FOR ITS MEMBERS. WE ARE AN INDEPENDENT UNION REPRESENTING WORKERS IN ALL 99 COUNTIES OF IOWA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $119,704

Program Service Revenue $0

Investment Income $16,767

Other Revenue $0

TOTAL REVENUE $136,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,552

Fundraising Expenses $0

Other Expenses $183,356

TOTAL EXPENSES $199,908

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,471	$1,520,763	-0.9%
Expenses	$199,908	$897,244	-0.8%
Net Income	$-63,437	$623,519	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELODY SILVER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHAD RECKLING	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DAVID BETSWORTH	TREASURER	1.00	Officer Director	$0	$0	$0
CHERYL SYTSMA-SELLNER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN OHRTMAN	DELEGATE	1.00	Director	$0	$0	$0
MARY DOBROCHOWSKI	DELEGATE	1.00	Director	$0	$0	$0
LORI MULDER	DELEGATE	1.00	Director	$0	$0	$0
HEATHER QUINT	DELEGATE	1.00	Director	$0	$0	$0
HEIDI STODDARD	DELEGATE	1.00	Director	$0	$0	$0
MELINDA ZOBEL	DELEGATE	1.00	Director	$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	$136,471	$199,908	$561,748	$-63,437
2024	$1,520,763	$897,244	$626,229	$623,519
2021	$168,551	$210,101	$3,873	$-41,550
2020	$180,709	$254,428	$34,540	$-73,719
2019	$243,693	$305,492	$108,505	$-61,799

UNITED ELECTRICAL RADIO & MACHINE WORKERS LOCAL 893