ELEVATOR MANUFACTURERS ASSOCIATION… - Form 990 Financial Data

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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

1974

Legal Domicile

Phone

5612955865

Tax Period

2023-01-01 to 2023-12-31

ELEVATOR MANUFACTURERS ASSOCIATION OF NEW YORK INC, founded in 1974, is a small nonprofit in the Mutual Benefit sector that reported $400K in total revenue in fiscal year 2023. The organization ran a surplus of $311K, a strong 78% operating margin.

Mission

TO ACT AS THE REPRESENTATIVE OF ITS MEMBERS IN COLLECTIVE BARGAINING WITH LOCAL 1 OF THE INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS AND TO PROMOTE THE COMMON BUSINESS INTEREST OF SUCH MEMBERS WITH RESPECT THERETO BY LEGITIMATE MEANS AND METHODS.

Program Service Accomplishments

Program 1

ACTED AS THE REPRESENTATIVE OF ITS MEMBERS IN COLLECTIVE BARGAINING WITH LOCAL 1 OF THE INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS AND PROMOTED THE COMMON BUSINESS INTEREST OF SUCH MEMBERS WITH...

ACTED AS THE REPRESENTATIVE OF ITS MEMBERS IN COLLECTIVE BARGAINING WITH LOCAL 1 OF THE INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS AND PROMOTED THE COMMON BUSINESS INTEREST OF SUCH MEMBERS WITH RESPECT THERETO BY LEGITIMATE MEANS AND METHODS.

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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 $400,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $400,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $89,332

TOTAL EXPENSES $89,332

Year-over-Year Comparison

	2023	2022	Change
Revenue	$400,000	N/A	N/A
Expenses	$89,332	N/A	N/A
Net Income	$310,668	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RICCI AMAROSA	Executive Dir.	Director	$0	$0	$0
MICHAEL CHATTERTON	Vice President	Officer	$0	$0	$0
VINCENT SCHIAVONE	President	Officer	$0	$0	$0
DANIEL GRUND	Treasurer	Officer	$0	$0	$0
RICCI AMAROSA	Secretary	Officer	$0	$0	$0
MARK ANDERSON	Vice President	Officer	$0	$0	$0
BRIAN O'CONNELL	Vice President	Officer	$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
2023	$400,000	$89,332	$310,668	$310,668

ELEVATOR MANUFACTURERS ASSOCIATION OF NEW YORK INC