726 MEMBERS FAMILY FUND INC

EIN: 474154735 501(c)(3) Philanthropy & Grantmaking

STATEN ISLAND, NY

Total Revenue
$241,608
Total Expenses
$213,588
Total Assets
$83,762
Net Assets
$83,762
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
DANIEL CASSELLA
Phone
9176097411
Tax Period
2024-05-01 to 2025-04-30

726 MEMBERS FAMILY FUND INC, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $242K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $214K left a modest 12% surplus.

Mission

THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE FOR MEDICAL TREATMENT AND FOR PERSONAL CIRCUMSTANCES TO THE FAMILIES OF THE MEMBERS OF LOCAL 726 WHO ARE SUFFERING FROM FINANCIAL HARDSHIPS DUE TO MEDICAL BILLS, ILLNESS, DEATH AND OTHER NEEDS. THE ORGANIZATION HOSTS EVENTS TO RAISE AWARENESS AND EDUCATION OF THE DISEASES THAT AFFECT THE MEMBERS. THE TRANSIT WORKER MEMBERS FACE UNUSUALLY RISKS IN THE DAILY COURSE OF THEIR WORK. JOB RELATED HAZARDS SUCH AS VEHICLE ACCIDENTS AND SITTING POSITION WHILE DRIVING ALL DAY. MANAGING IRATE-TROUBLESOME PASSENGERS IS A RISK WHILE DRIVING. CHRONIC WORK-RELATED DISEASES ARE A GREAT RISK AFFECTING TRANSIT WORKERS AS THEIR OCCUPATION FACES THE HIGHEST RISK OF CONTRACTING 10 COMMON DISEASES. APPROXIMATELY 42% OF TRANSIT WORKERS HAVE HIGH BLOOD PRESSURE THAT LEADS TO HEART ATTACKS AND STROKE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $212,825
Program Service Revenue $0
Investment Income $309
Other Revenue $28,474
TOTAL REVENUE $241,608

Expense Breakdown

Grants Paid $184,167
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $210,946
Other Expenses $2,642
TOTAL EXPENSES $213,588

Year-over-Year Comparison

2024 2023 Change
Revenue $241,608 $194,068 +0.2%
Expenses $213,588 $194,013 +0.1%
Net Income $28,020 $55 +508.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH OBERMAIER TREASURER N/A
Officer Director
$0 $0 $0
ROBERT RICCO VICE-PRESIDE N/A
Officer Director
$0 $0 $0
DANIEL CASSELLA PRESIDENT N/A
Officer 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 $241,608 $213,588 $83,762 $28,020
2024 $194,068 $194,013 $55,742 $55
2023 $152,365 $173,972 $55,687 $-21,607
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