INTERNATIONAL UNION OF ELEVATOR CONTRACTORS LOCAL 79 (EIN 465592924) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1926

Legal Domicile

Principal Officer

GARY RINGGOLD

Phone

5013723601

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL UNION OF ELEVATOR CON is a small nonprofit in the Employment sector that reported $333K in total revenue in fiscal year 2018. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $312K left a modest 6% surplus.

Mission

WE ARE A LABOR UNION THAT PROVIDES WORKERS TO THE ELEVATOR COMPANIES. WE TRAIN EACH MEMBER THROUGH THE APPRENTICE PROGRAM AND THEY RECEIVE ON THE JOB TRAINING WHILE WORKING FOR COMPANIES. EACH MEMBER SERVES IN A FOUR YEAR PROGRAM.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $559,420

Program Service Revenue $3,040

Investment Income $14,119

Other Revenue $25,730

TOTAL REVENUE $602,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,043

Fundraising Expenses $0

Program Expenses $481,528

Other Expenses $245,485

TOTAL EXPENSES $481,528

Year-over-Year Comparison

	2025	2024	Change
Revenue	$602,309	$531,388	+0.1%
Expenses	$481,528	$406,875	+0.2%
Net Income	$120,781	$124,513	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$137,756

Total Directors

$137,756

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LONNIE GRIFFIN	PRESIDENT	0.00	Officer Director	$0	$0	$0
JEFF SMOTHERS	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
MIKE WINGATE	SECRETARY	0.00	Officer Director	$0	$0	$0
RICKY BOLEY	TRUSTEE	0.00	Director	$0	$0	$0
JOE DOLLARHIDE	TRUSTEE	0.00	Director	$0	$0	$0
ANDY HARTWICK	TRUSTEE	0.00	Director	$0	$0	$0
GARY RINGGOLD	BUSINESS AGENT	45.00	Officer Director	$137,756	$0	$137,756
BERNIE NUTT	TRUSTEE	0.00	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	$602,309	$481,528	$671,971	$120,781
2024	$531,388	$406,875	$542,599	$124,513
2023	$442,791	$403,235	$408,132	$39,556
2022	$395,126	$383,376	$372,754	$11,750
2021	$377,699	$359,606	$366,403	$18,093
2020	$359,867	$321,762	$261,830	$38,105
2019	$340,921	$319,271	$224,482	$21,650
2018	$332,983	$312,124	$202,540	$20,859

INTERNATIONAL UNION OF ELEVATOR CONTRACTORS LOCAL 79