UNITED SERVICE WORKERS LABOR-MANAGEMENT CORP

EIN: 453022714 Public & Societal Benefit

NEW ROCHELLE, NY

Total Revenue
$369,665
Total Expenses
$153,692
Total Assets
$2,766,453
Net Assets
$2,766,453
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
WILLIAM SWEENEY
Phone
9292441213
Tax Period
2022-07-01 to 2023-06-30

UNITED SERVICE WORKERS LABOR-MANAGEMENT CORP, founded in 2011, is a small nonprofit in the Public & Societal Benefit sector that reported $370K in total revenue in fiscal year 2022. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $216K, a strong 58% operating margin.

Mission

THE PURPOSE OF THE UNITED SERVICE WORKERS LABOR-MANAGEMENT CORPORATION IS TO IMPROVE THE COMMUNICATION AND THE EXCHANGE OF INFORMATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE INDUSTRY BY PROVIDING WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS, ASSISTING IN SOLVING PROBLEMS OF MUTUAL CONCERN THAT ARE NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS, STUDY AND EXPLORING WAYS OF ELIMINATING POTENTIAL PROBLEMS WHICH REDUCE COMPETITIVENESS AND INHIBIT THE DEVELOPMENT OF THE CONSTRUCTION INDUSTRY, ENHANCING THE INVOLVEMENT OF WORKERS IN MAKING DECISIONS THAT AFFECT THEIR WORKERS AND MANAGERS AND ENCOURAGING FREE COLLECTIVE BARGAINING AND MEDIATION BY ESTABLISHING CONTINUING MECHANISMS FOR COMMUNICATION BETWEEN THE EMPLOYERS AND THEIR EMPLOYEES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $300,851
Investment Income $62,123
Other Revenue $6,691
TOTAL REVENUE $369,665

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $153,692
TOTAL EXPENSES $153,692

Year-over-Year Comparison

2022 2021 Change
Revenue $369,665 $280,084 +0.3%
Expenses $153,692 $212,992 -0.3%
Net Income $215,973 $67,092 +2.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI AMES UNION DIRECTOR/CHAIRPERSON 70.00
Officer Director
$0 $0 $0
KEVIN BARRY UNION DIRECTOR 65.00
Director
$0 $0 $0
WILLIAM SWEENEY UNION DIRECTOR/SEC. TREASU 65.00
Officer Director
$0 $0 $0
GANDOLFO SCHIAVONE EMPLOYER DIRECTOR 10.00
Director
$0 $0 $0
JOSEPH LORUSSO EMPLOYER DIRECTOR 10.00
Director
$0 $0 $0
MICHAEL LORUSSO EMPLOYER DIRECTOR 10.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $369,665 $153,692 $2,766,453 $215,973
2022 $280,084 $212,992 $2,550,480 $67,092
2021 $329,729 $10,043 $2,483,388 $319,686
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