MID ATLANTIC REGIONAL JOINT BOARD WORKERS UNITED

EIN: 521367543

FREDERICK, MD

Total Revenue
$2,550,882
Total Expenses
$2,641,293
Total Assets
$10,979,692
Net Assets
$10,691,427
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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
1983
Legal Domicile
DC
Principal Officer
PATRICK JONES JR
Phone
4106592191
Tax Period
2023-01-01 to 2023-12-31

MID ATLANTIC REGIONAL JOINT BOARD WORKERS UNITED, founded in 1983, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Net assets of $10.7M represent 50 months of operating reserves.

Mission

JOINT BOARD PROVIDING SERVICES TO ITS MEMBERS INCLUDING COLLECTIVE BARGAINING, CONTRACT SERVICES AND GRIEVANCE RESOLUTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,150,882
Investment Income $345,232
Other Revenue $54,768
TOTAL REVENUE $2,550,882

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,491,592
Fundraising Expenses $0
Other Expenses $1,149,701
TOTAL EXPENSES $2,641,293

Year-over-Year Comparison

2023 2022 Change
Revenue $2,550,882 $2,391,707 +0.1%
Expenses $2,641,293 $2,884,445 -0.1%
Net Income $-90,411 $-492,738 -0.8%
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

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Governance

Voting Members
9
Independent Members
6
Employees
83
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
10
$363,238
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK JONES JR INTERIM REGIONAL DIRECTOR 40.00
Officer
$76,101 $21,270 $97,371
MERCEDES RIVERA BOARD MEMBER 2.00
Officer
$232 $0 $232
TOMMY FRAGAKIS BOARD MEMBER 2.00
Officer
$838 $0 $838
LARRY BRYANT PRESIDENT 2.00
Officer
$1,269 $0 $1,269
ANTOINETTE BROWN PRESIDENT 2.00
Officer
$1,946 $0 $1,946
MELINDA ROLON PRESIDENT 2.00
Officer
$1,371 $0 $1,371
PATRICK N JONES SR REGIONAL DIRECTOR 40.00
Officer
$97,522 $39,137 $136,659
PETER BOSTIC SECRETARY 40.00
Officer
$81,005 $36,571 $117,576
RICK BAILEY SGT-AT-ARMS 2.00
Officer
$2,247 $0 $2,247
CHAD MCCROSKEY VICE PRESIDENT 2.00
Officer
$3,729 $0 $3,729
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
2024 No data No data No data No data
2023 $2,550,882 $2,641,293 $10,979,692 $-90,411
2022 $2,391,707 $2,884,445 $10,100,679 $-492,738
2021 $2,351,854 $2,544,484 $9,559,660 $-192,630
2020 $1,957,808 $2,346,363 $8,856,109 $-388,555
2019 $2,386,594 $2,570,955 $10,412,457 $-184,361
2018 $4,712,851 $2,453,016 $10,624,658 $2,259,835
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