INTERNATIONAL UNION OF ELEVATOR CO… - 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

1919

Legal Domicile

Principal Officer

CHRIS SHAY

Phone

5152620120

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL NO 33, founded in 1919, is a small nonprofit that reported $740K in total revenue in fiscal year 2024. The organization ran a surplus of $193K, a strong 26% operating margin.

Mission

TO ENCOURAGE A HIGHER STANDARD OF SKILL AMONG ITS MEMBERS, TO CULTIVATE A FEELING OF FRIENDSHIP AMOUNG THE CRAFT, TO OBTAIN AND MAINTAIN A FAIR STANDARD OF WAGES, TO ASSIST EACH OTHER IN SECURING EMPLOYMENT, TO PROTECT THE JURISDICTION OF THE CRAFT, TO ENGAGE IN CULTURAL, CIVIC, LEGISLATIVE, FATERNAL, EDUCATIONAL, CHARITABLE, WELFARE, SOCIAL AND OTHER ACTIVITIES WHICH FUTHER THE INTERESTS, DIRECLY OR INDIRECTLY OF THE ORGANIZATION AND IT'S MEMBERSHIP, AND TO USE ALL LEGAL AND APPROPRIATE MEANS FOR THE ACCOMPLISHMENT OF THE FOREGOING.

Program Service Accomplishments

Program 1

TO ORGANIZE WORKERS ELIGIBLE FOR MEMBERSHIP IN THE UNION, TO NEGOTIATE COLLECTIVE BARGAINING AGREEMENTS, TO SETTLE GREIVANCES OF MEMBERS AND TO SAFEGUARD THE ECONOMIC WELFARE OF IT'S 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $671,898

Investment Income $66,824

Other Revenue $1,340

TOTAL REVENUE $740,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $254,738

Fundraising Expenses $0

Other Expenses $287,405

TOTAL EXPENSES $547,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$740,062	$721,502	+0.0%
Expenses	$547,143	$712,450	-0.2%
Net Income	$192,919	$9,052	+20.3%

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

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

$148,183

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS SHAY	BUSINESS MAMAGER	47.00	Officer	$148,183	$0	$148,183
MARK HOFFMAN	PRESIDENT	0.00	Officer	$0	$0	$0
DAVE OTTEN	VICE PRESIDENT	0.00	Officer	$0	$0	$0
MITCHELL WESTBROOK	VICE PRESIDENT	0.00	Officer	$0	$0	$0
BRAD STORY	VICE PRESIDENT	0.00	Officer	$0	$0	$0
AARON SHERA	RECORDING SEC	0.00	Officer	$0	$0	$0
BOB BEGHTEL	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
TONY BOLWARE	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
MYROM COLEMAN	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
KALVIN WILSON	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
TIM WEAVER	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
NATHAN MUHS	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
DUSTIN READINGER	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
GEARETT BEGHTEL	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
RON THOMAS	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
TRAVIS THOMAS	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
SETH FABER	EXCUTIVE BOARD	0.00	Officer	$0	$0	$0
JIM SHELLEY	TRUSTEE	0.00	Officer	$0	$0	$0
COREY PORTER	TRUSTEE	0.00	Officer	$0	$0	$0
JOSH CRONK	TRUSTEE	0.00	Officer	$0	$0	$0
ERIC COLEMAN	WARDEN	0.00	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	$740,062	$547,143	$1,812,305	$192,919
2024	$721,502	$523,214	$1,619,269	$198,288
2023	$581,831	$517,636	$1,420,934	$64,195
2022	$573,230	$518,829	$1,357,019	$54,401
2021	$610,472	$483,233	$1,301,682	$127,239
2020	$641,117	$475,974	$1,174,492	$165,143
2019	$592,958	$513,471	$1,008,899	$79,487

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL NO 33