TEAMSTERS LOCAL UNION 639 (EIN 530059347) - 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

1934

Legal Domicile

Principal Officer

WILLIAM DAVIS

Phone

2026368170

Tax Period

2024-01-01 to 2024-12-31

TEAMSTERS LOCAL UNION 639, founded in 1934, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2024. Expenses of $6.7M left a modest 9% surplus.

Mission

LABOR UNION - PROVIDES BARGAINING SERVICES TO MEMBERS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,158,037

Investment Income $220,118

Other Revenue $26,577

TOTAL REVENUE $7,404,732

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,489,917

Fundraising Expenses $0

Other Expenses $3,213,052

TOTAL EXPENSES $6,702,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,404,732	$6,885,631	+0.1%
Expenses	$6,702,969	$6,359,189	+0.1%
Net Income	$701,763	$526,442	+0.3%

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

100

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

$844,257

Total Directors

$957,382

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM DAVIS	PRESIDENT	55.00	Officer Director	$168,016	$56,733	$224,749
WAYNE SETTLES	VICE PRESIDENT	55.00	Officer Director	$144,328	$56,733	$201,061
SCOTT CLARK	SECRETARY TREASURER	55.00	Officer Director	$157,856	$56,733	$214,589
VERNON BOLLINO	RECORDING SECRETARY	55.00	Officer Director	$147,125	$56,733	$203,858
SANDRA HODGE	TRUSTEE	10.00	Director	$11,455	$0	$11,455
JOSEPH FREEMAN	TRUSTEE / ORGANIZER	40.00	Director	$57,562	$30,710	$88,272
SHARON HOLLAND	TRUSTEE	10.00	Director	$13,398	$0	$13,398
SHAWN MATILE	BUSINESS AGENT	55.00	Highest	$134,735	$56,733	$191,468
ROLAND DAVIS JR	BUSINESS AGENT	55.00	Highest	$135,373	$56,733	$192,106
MARK GRIVEVICIUS	BUSINESS AGENT	55.00	Highest	$137,685	$56,733	$194,418
JOHN ESTES	BUSINESS AGENT	55.00	Highest	$136,358	$56,733	$193,091
THOMAS SPILMAN	BUSINESS AGENT	55.00	Highest	$134,501	$56,733	$191,234

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	$7,404,732	$6,702,969	$8,238,526	$701,763
2023	$6,885,631	$6,359,189	$7,678,653	$526,442
2022	$5,496,937	$5,458,431	$4,756,712	$38,506
2021	$5,562,339	$5,083,335	$4,673,458	$479,004
2020	$5,247,912	$4,846,155	$4,168,883	$401,757
2019	$5,419,490	$4,972,564	$3,717,571	$446,926
2018	$5,155,268	$4,953,739	$3,262,756	$201,529

TEAMSTERS LOCAL UNION 639