INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 618 (EIN 430337438) - 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

1938

Legal Domicile

Principal Officer

DEREK KROPP

Phone

3144265909

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 618, founded in 1938, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023.

Mission

TO ORGANIZE AND REPRESENT UNION MEMBERS THROUGH COLLECTIVE BARGAINING.

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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 $1,669,327

Investment Income $21,961

Other Revenue $13,028

TOTAL REVENUE $1,704,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,079,443

Fundraising Expenses $0

Program Expenses $1,503,943

Other Expenses $769,710

TOTAL EXPENSES $1,849,153

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,704,316	$1,698,600	+0.0%
Expenses	$1,849,153	$1,827,555	+0.0%
Net Income	$-144,837	$-128,955	+0.1%

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

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

$597,559

Total Directors

$25,279

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BRAGG	TRUSTEE	1.00	Director	$8,803	$0	$8,803
DENNIS FREY	TRUSTEE	1.00	Director	$8,543	$0	$8,543
BRENDA WRIGHT	TRUSTEE	1.00	Director	$7,933	$0	$7,933
MATTHEW J ZURAWEL	PRESIDENT	45.00	Officer	$135,686	$17,576	$153,262
JASON R ASHNER	VICE PRESIDENT	45.00	Officer	$132,507	$17,576	$150,083
DEREK KROPP	SECRETARY TREASURER	45.00	Officer	$139,562	$17,576	$157,138
ROBERT PHELPS	RECORDING SECRETARY	45.00	Officer	$119,500	$17,576	$137,076

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	$1,704,316	$1,849,153	$1,669,529	$-144,837
2022	$1,698,600	$1,827,555	$1,751,091	$-128,955
2021	$1,620,343	$1,782,918	$2,031,614	$-162,575
2020	$1,537,056	$1,489,453	$2,148,585	$47,603
2019	$1,862,903	$1,633,532	$2,057,861	$229,371
2018	$1,791,731	$1,622,561	$1,796,275	$169,170

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 618