SEAFARERS MARITIME UNION (EIN 521496262) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1986

Legal Domicile

Principal Officer

THOMAS ORZECHOWSKI

Phone

3018990675

Tax Period

2023-01-01 to 2023-12-31

SEAFARERS MARITIME UNION, founded in 1986, is a micro nonprofit that reported $46K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $32K, a strong 69% operating margin.

Mission

LABOR ORGANIZATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,951

Investment Income $42,884

Other Revenue $0

TOTAL REVENUE $45,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,111

TOTAL EXPENSES $14,111

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,835	$77,091	-0.4%
Expenses	$14,111	$13,055	+0.1%
Net Income	$31,724	$64,036	-0.5%

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

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

$1,404,413

Total Directors

$1,404,413

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SACCO	PRESIDENT (THROUGH FEB)	3.00	Officer Director	$0	$28,000	$219,572
DAVID HEINDEL	PRESIDENT (AS OF FEB)	3.00	Officer Director	$0	$28,000	$289,785
AUGUSTIN TELLEZ	VICE PRESIDENT	1.00	Officer Director	$0	$28,000	$284,101
DEAN CORGEY	VICE PRESIDENT	1.00	Officer Director	$0	$28,000	$193,823
THOMAS ORZECHOWSKI	EXEC VP SEC/TREAS	3.00	Officer Director	$0	$138,137	$417,132
DAWN TALIFORD	CONTROLLER	1.00	Highest	$0	$78,519	$258,908

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	$45,835	$14,111	$1,984,680	$31,724
2022	$77,091	$13,055	$1,776,661	$64,036
2021	$48,618	$9,675	$1,935,158	$38,943
2020	$26,708	$7,974	$1,798,309	$18,734
2019	$85,332	$8,650	$1,661,624	$76,682
2018	$31,515	$8,124	$1,525,442	$23,391

SEAFARERS MARITIME UNION