MILL CABINET LOCAL UNION 252 (EIN 452446538) - 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

2011

Legal Domicile

Principal Officer

WAYNE BABJACK

Phone

2155690340

Tax Period

2024-07-01 to 2025-06-30

MILL CABINET LOCAL UNION 252, founded in 2011, is a small nonprofit that reported $334K in total revenue in fiscal year 2024.

Mission

TO PROMOTE AND PROTECT THE INTERESTS OF THE MEMBERSHIP AND TO ELEVATE THE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF ALL WORKING MEN AND WOMEN.

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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 $317,783

Investment Income $5,022

Other Revenue $11,413

TOTAL REVENUE $334,218

Expense Breakdown

Grants Paid $5,602

Salaries & Benefits $39,724

Fundraising Expenses $0

Other Expenses $295,749

TOTAL EXPENSES $341,075

Year-over-Year Comparison

	2024	2023	Change
Revenue	$334,218	$326,476	+0.0%
Expenses	$341,075	$315,224	+0.1%
Net Income	$-6,857	$11,252	-1.6%

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

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

$21,865

Total Directors

$11,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BRENNAN	TRUSTEE	2.00	Director	$4,560	$0	$4,560
DAVID TASCIONE	TRUSTEE	2.00	Director	$4,340	$0	$4,340
DONALD TROESCH	VICE PRESIDE	2.00	Officer	$4,260	$0	$4,260
BRANDON PAGE	FINANCIAL SE	2.00	Officer	$4,220	$0	$4,220
JEFFREY KNOWLES	RECORDING SE	2.00	Officer	$3,535	$0	$3,535
DAVID L SELOVER	TREASURER	2.00	Officer	$3,400	$0	$3,400
JEFFERY STRONG	CONDUCTOR	2.00	Officer	$3,050	$0	$3,050
WAYNE BABJACK	PRESIDENT	2.00	Officer	$2,550	$0	$2,550
STEVEN YOUNG	TRUSTEE	2.00	Director	$2,500	$0	$2,500
JOSEPH DEANGLIS	WARDEN	2.00	Officer	$850	$0	$850

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	$334,218	$341,075	$662,846	$-6,857
2024	$326,476	$315,224	$640,215	$11,252
2023	$334,030	$334,544	$601,213	$-514
2022	$343,113	$325,980	$573,539	$17,133
2021	$507,508	$254,438	$591,065	$253,070

MILL CABINET LOCAL UNION 252