HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND (EIN 521743807) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

ANTHONY CAPACCIO

Phone

6092919100

Tax Period

2023-01-01 to 2023-12-31

HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND, founded in 1991, is a small nonprofit that reported $443K in total revenue in fiscal year 2023. Revenue surged 1137% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 56% operating margin.

Mission

SECURITY FOR SEVERED EMPLOYEES THE PURPOSE OF THE SEVERANCE FUND IS TO PROVIDE CERTAIN FINANCIAL SECURITY FOR EMPLOYEES OF THE UNION WHOSE EMPLOYMENT WITH THE UNION HAS BEEN SEVERED OR TERMINATED.

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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 $379,876

Program Service Revenue $0

Investment Income $63,556

Other Revenue $0

TOTAL REVENUE $443,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $195,978

Year-over-Year Comparison

	2023	2022	Change
Revenue	$443,432	$35,861	+11.4%
Expenses	$195,978	$80,000	+1.4%
Net Income	$247,454	$-44,139	-6.6%

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

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

$896,171

Total Directors

$2,106,173

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY CAPACCIO	CHAIRMAN	1.00	Officer Director	$0	$177,992	$496,027
ALFONSO GUARRAGGI	TRUSTEE	0.50	Director	$0	$159,511	$413,042
WILLIAM COFFIN JR	VICE CHAIRMA	1.00	Officer Director	$0	$159,541	$400,144
KEITH KLEMMER	TRUSTEE	0.50	Director	$0	$158,011	$399,515
CHRISTIAN COLE	TRUSTEE	0.50	Director	$0	$158,011	$397,445

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	$443,432	$195,978	$1,711,063	$247,454
2022	$35,861	$80,000	$1,324,861	$-44,139
2021	$236,569	$67,500	$1,443,403	$169,069
2020	$108,619	No data	$1,168,077	No data

HEAVY AND GENERAL CONST LABORERS UNION LOCAL 172 SEVERANCE FUND